Warner Bros. Discovery Discloses CNN Forecasts, Projects $2.2 Billion Revenue by 2030

Overview

• Warner Bros. Discovery projects CNN revenue of $1.8 billion in 2026 rising to $2.2 billion by 2030.
• Adjusted EBITDA is forecast at about $600 million in 2026, dipping to $500 million in 2027, then holding near $600 million through 2030.
• “New platform” revenue, including streaming, is expected to contribute roughly $600 million to CNN by 2030.
• The projections were released in a proxy tied to a planned Discovery Global spin-off as WBD evaluates a revised all-cash offer from Netflix and rival interest from Paramount, and the company cautioned the numbers were not prepared for public disclosure.
• WBD forecasts other U.S. networks revenue falling from $9.9 billion in 2026 to $7.7 billion in 2030 with adjusted EBITDA sliding from $3.8 billion to $1.9 billion, underscoring CNN’s comparative resilience.