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      "text": "WarnerMedia\n$7.8 $8.5\n$2.2 $2.1\n27.8% 24.9%\n1Q20 1Q21",
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      "text": "GODZILLA KONG\nZACK SNYDER'S JUSTICE LEAGUE\nTHE NEVERS\nMARE of EASTTOWN",
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      "text": "Advertising revenues up 18.5% with return of sports\nExpect continued theatrical revenue improvement in 2021",
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      "text": "HBO Max success drove DTC subscription revenue growth of ~35%\nDomestic ARPU†4 stable at ~$12; rising retail mix provides upside opportunity\n60 international markets planned by year-end\nAVOD on target to launch in June 2021",
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      "text": "† See notes slide 11",
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