Key Takeaways Zacks pegs WBD's third-quarter 2025 Studios revenue at $3.16B and Streaming at $2.74B, both up year over year.The separation into Warner Bros and Discovery Global aims to sharpen focus but may pressure near-term results.WBD's 67.7% rally and discounted valuation reflect progress in execution amid restructuring and competition.Warner Bros. Discovery (WBD) has experienced a remarkable 67.7% surge year to date, outperforming the Zacks Broadcast Radio and Television industry and the Zacks Consumer ...