Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday.

Warner Bros. Discovery reached 110 million global streaming subscribers and $268 million in earnings in Q3, putting it on pace for sustained profits.

Warner Bros. Discovery's Max serves fewer ads per hour compared to other streaming platforms.

Warner Bros. Discovery shows promise despite revenue declines and debt concerns, with strong content revenues and growth in streaming. See more on WBD here.

Warner Bros. Discovery reported impressive gains in its global streaming subscriber numbers, adding more net Max subs than during any quarter since the streaming service launched. That boosted the company stock by more than 10% by 2 p.