{"id":376614,"date":"2026-09-01T08:24:00","date_gmt":"2026-09-01T15:24:00","guid":{"rendered":"https:\/\/cms-articles.softonic.io\/en\/?p=376614"},"modified":"2026-09-01T08:24:15","modified_gmt":"2026-09-01T15:24:15","slug":"warner-bros-discovery-q2-2026-results-revive-atts-time-warner-deal","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/warner-bros-discovery-q2-2026-results-revive-atts-time-warner-deal\/","title":{"rendered":"Warner Bros. Discovery Q2 2026 results revive AT&amp;T\u2019s Time Warner deal"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Warner Bros. Discovery has posted its results for the second quarter of 2026, and the numbers put the spotlight back on AT&amp;T\u2019s 2018 Time Warner acquisition and the <a href=\"https:\/\/en.softonic.com\/articles\/warner-bros-discovery-announces-split-into-two-companies\" rel=\"noopener\">messy breakup<\/a> that came after it.<\/p>\n<div class=\"sc-card-program\">\r\n  <div class=\"sc-card-program__body\">\r\n    <div class=\"sc-card-program__row clearfix\">\r\n      <div class=\"sc-card-program__col-logo\">\r\n        <img decoding=\"async\" class=\"sc-card-program__img\" alt=\"HBO Max\" src=\"https:\/\/images.sftcdn.net\/images\/t_app-icon-s\/p\/a2f73840-9b6e-11e6-a5b8-00163ec9f5fa\/2934564554\/hbo-max-logo\" width=\"100px\" height=\"100px\">\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-title\">\r\n        <span class=\"sc-card-program__title\">HBO Max<\/span>\r\n        <a class=\"sc-card-program__button sc-card-program-internal\" href=\"https:\/\/hbo-max.en.softonic.com\/\" target=\"_self\" rel=\"noopener noreferrer\">Download<\/a>\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-rating\">\r\n        <svg class=\"rating-score__content\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.1\" x=\"0\" y=\"0\" viewbox=\"0 0 50 50\" enable-background=\"new 0 0 50 50\" xml:space=\"preserve\"><path class=\"rating-score__background rating-score--good\" fill=\"none\" stroke-width=\"6\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><path class=\"rating-score__value rating-score__value--0\" fill=\"none\" stroke-width=\"6\" stroke-dashoffset=\"0\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><text class=\"rating-score__number\" content=\"\" text-anchor=\"middle\" transform=\"matrix(1 0 0 1 25 31.0837)\" data-auto=\"app-user-score\"><\/text><\/svg>\r\n      <\/div>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <span class=\"sc-card-program__description\"><\/span>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <img decoding=\"async\" class=\"sc-card-program__bigpic\" src=\"\" onerror=\"this.style.display='none'\">\r\n    <\/div>\r\n    <a class=\"sc-card-program__link track-link sc-card-program-internal\" href=\"https:\/\/hbo-max.en.softonic.com\/\" target=\"_self\" rel=\"noopener noreferrer\"><\/a>\r\n  <\/div>\r\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">AT&amp;T paid <strong>$108.7 billion<\/strong> for Time Warner in 2018, after the U.S. Department of Justice failed to block the vertical merger. The DOJ had argued the deal could raise fees for rival distributors, reduce competition, and slow innovation.<\/p>\n\n<p class=\"wp-block-paragraph\">AT&amp;T won that court fight, but the plan fell apart under the weight of debt, a telecom-and-Hollywood culture mismatch, streaming upheaval, cord-cutting, and changing viewer habits. In 2021, AT&amp;T spun off <strong>WarnerMedia<\/strong>.<\/p>\n\n<p class=\"wp-block-paragraph\">WarnerMedia then merged with Discovery in 2022, creating Warner Bros. Discovery. The pressure still shows. As of Q2 2026, the company had about <strong>$29.7 billion<\/strong> in net debt, $8.7 billion in quarterly revenue, and $149 million in net income, according to Warner Bros. Discovery. At the same time, linear TV kept sliding and restructuring efforts were still underway.<\/p>\n\n<p class=\"wp-block-paragraph\">Under CEO David Zaslav, Warner Bros. Discovery has focused on <strong>cutting costs<\/strong>, paying down debt, and reworking its streaming strategy. <a href=\"https:\/\/max-payne.en.softonic.com\/\" rel=\"noopener\">Max<\/a> passed 140 million global subscribers in Q1 2026, according to Warner Bros. Discovery. For anyone who follows media mergers, this remains a cautionary story with more to reveal.<\/p>\n\n<p class=\"wp-block-paragraph\">You can keep up with the latest through Warner Bros. Discovery\u2019s earnings reports and updates from the Max platform.<\/p>\n<div class=\"sc-card-program\">\r\n  <div class=\"sc-card-program__body\">\r\n    <div class=\"sc-card-program__row clearfix\">\r\n      <div class=\"sc-card-program__col-logo\">\r\n        <img decoding=\"async\" class=\"sc-card-program__img\" alt=\"discovery+\" src=\"https:\/\/images.sftcdn.net\/images\/t_app-icon-s\/p\/64b8898f-8367-4a83-9c1a-6892113fb215\/24305819\/discovery-freelancer-mod-Discovery%20Freelancer%20Mod-icon.png\" width=\"100px\" height=\"100px\">\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-title\">\r\n        <span class=\"sc-card-program__title\">discovery+<\/span>\r\n        <a class=\"sc-card-program__button sc-card-program-internal\" href=\"https:\/\/discovery-freelancer-mod.en.softonic.com\/\" target=\"_self\" rel=\"noopener noreferrer\">Download<\/a>\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-rating\">\r\n        <svg class=\"rating-score__content\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.1\" x=\"0\" y=\"0\" viewbox=\"0 0 50 50\" enable-background=\"new 0 0 50 50\" xml:space=\"preserve\"><path class=\"rating-score__background rating-score--good\" fill=\"none\" stroke-width=\"6\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><path class=\"rating-score__value rating-score__value--0\" fill=\"none\" stroke-width=\"6\" stroke-dashoffset=\"0\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><text class=\"rating-score__number\" content=\"\" text-anchor=\"middle\" transform=\"matrix(1 0 0 1 25 31.0837)\" data-auto=\"app-user-score\"><\/text><\/svg>\r\n      <\/div>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <span class=\"sc-card-program__description\"><\/span>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <img decoding=\"async\" class=\"sc-card-program__bigpic\" src=\"\" onerror=\"this.style.display='none'\">\r\n    <\/div>\r\n    <a class=\"sc-card-program__link track-link sc-card-program-internal\" href=\"https:\/\/discovery-freelancer-mod.en.softonic.com\/\" target=\"_self\" rel=\"noopener noreferrer\"><\/a>\r\n  <\/div>\r\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Warner Bros. Discovery has posted its results for the second quarter of 2026, and the numbers put the spotlight back on AT&amp;T\u2019s 2018 Time Warner acquisition and the messy breakup that came after it. AT&amp;T paid $108.7 billion for Time Warner in 2018, after the U.S. Department of Justice failed to block the vertical merger. &hellip; <a href=\"https:\/\/cms-articles.softonic.io\/en\/warner-bros-discovery-q2-2026-results-revive-atts-time-warner-deal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Warner Bros. Discovery Q2 2026 results revive AT&amp;T\u2019s Time Warner deal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":9341,"featured_media":376613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":0},"categories":[1015],"tags":[],"usertag":[],"vertical":[],"content-category":[],"class_list":["post-376614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/376614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/users\/9341"}],"replies":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/comments?post=376614"}],"version-history":[{"count":2,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/376614\/revisions"}],"predecessor-version":[{"id":376620,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/376614\/revisions\/376620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media\/376613"}],"wp:attachment":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media?parent=376614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/categories?post=376614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/tags?post=376614"},{"taxonomy":"usertag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/usertag?post=376614"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/vertical?post=376614"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/content-category?post=376614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}