Hollywood's box office in 2025 rose by 12 percent to $33.6 billion, but domestic revenue only rose by 1 percent to reach $8.7 billion. Meanwhile, Sony and Warner Bros. posted profit growth for the calendar year 2025 before Paramount struck a deal to acquire Warner Bros., while other Hollywood studio giants recorded profit declines. Paramount, meanwhile, reported a widened loss. The Hollywood Reporter's annual studio profit report also included a look at Netflix, whose financials are not directly comparable to those of the studio units of entertainment giants. The most profitable traditional Hollywood studio operation was again, Warner Bros.; WBD reported a 220 percent gain from $529 million to $1.7bn. Despite a drop in gaming revenue, WBD's gaming revenue dropped 32 percent in 2025.