Warner Bros. Discovery reported Q2 earnings Thursday that were turbocharged by its studio business, even as its streaming business continued to its growth trajectory, and with linear TV still struggling in a tough environment.

The company reported revenue of $9.8 billion, up modestly from the same quarter a year ago, with net income of $1.6 billion (compared to a loss a year ago), and adjusted EBITDA of $2 billion, up 9 percent.

The quarter was powered by the company’s studios business, and to a lesser extent streaming, with studios revenue of $3.8 billion, up 55 percent from a year ago thanks to the performance of films like Minecraft and Sinners , as well as performance from the TV studios thanks to the timing of some renewals. Adjusted EBITDA was $863 million.

Warner Bros. Disco

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