(Reuters) -Warner Bros Discovery posted a bigger-than-expected quarterly loss on Thursday, as lackluster growth in its streaming unit and persistent declines in its cable TV business more than offset a strong showing from the media giant’s studio division.

After a strong quarter last year that saw a boost from the 2024 Paris Olympics and the first season of crime drama series “The Penguin”, WBD’s streaming business – home to the HBO Max and Discovery+ platforms – suffered from a lack of new seasons or shows.

The company reported 2.3 million global streaming subscriber additions for the third quarter, missing Visible Alpha estimates of 2.75 million. Shares fell 1% premarket.

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WBD is evaluating options including selling itself or in parts. The company said o

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