Can WBD's Studio Business Emerge as the Core Engine of EBITDA Growth?

Key Takeaways Studios' revenues surged 55% year over year in the second quarter of 2025 to $3.8 billion.WBD expects Studios' EBITDA to top $2.4 billion in 2025, advancing toward its $3 billion target.New DC titles and blockbuster releases are driving renewed franchise strength.Warner Bros. Discovery’s (WBD) Studio segment, comprising Warner Bros. Motion Pictures, DC Studios and Warner Bros. Television, is the creative backbone of the company’s entertainment ecosystem. The division develops, produces and dis ...