Warner Bros. Discovery reported adding 6.4 million new streaming subscribers in Q4, with a total of 116.9 million subscribers. The company expects to reach 150 million subscribers by 2026, while also anticipating shifts in revenue and further losses.

Fox, Disney, and Warner Bros. Discovery are moving forward with individual streaming strategies following the abandonment of their joint venture, Venu, which faced legal challenges and cost issues. Each company is planning to build upon their existing platforms like ESPN and Max to cater to the live sports demand in the streaming market.