Warner Bros. Discovery, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- David Zaslav
- Full Time Employees
- 35,500
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- 230 Park Avenue South New York City NY United States of America 10003
- IPO Date
- Jul 8, 2005
- CIK
- 0001437107
- Website
- ir.wbd.com
- Similar Companies
- Business
- Warner Bros. Discovery, Inc. (WBD) operates as a global media and entertainment company, producing and distributing content across film, television, streaming, and gaming platforms. The company maintains two primary divisions: Streaming and Studios, encompassing Warner Bros. Motion Picture Group with Warner Bros. Pictures, New Line Cinema, Warner Bros. Pictures Animation, and Castle Rock Entertainment; Warner Bros. Television Group including Warner Bros. Television, Warner Bros. Animation, Cartoon Network Studios, Williams Street, and Warner Horizon Unscripted Television; DC Studios and DC Entertainment for DC Comics-based film, series, and media; HBO and HBO Max (rebranded as Max) for premium scripted content, Cinemax, and direct-to-consumer streaming; Warner Bros. Games for interactive entertainment; and Warner Bros. Discovery Global Experiences for theme parks and studio tours; and Global Linear Networks, featuring cable brands such as Discovery Channel, TLC, HGTV, Food Network, OWN, Investigation Discovery, Animal Planet, TBS, TNT, TruTV, Cartoon Network, Adult Swim, CNN Worldwide, and TNT Sports with Eurosport and Bleacher Report. It distributes content globally through linear networks, free-to-air and broadcast television, authenticated apps, digital licensing, and subscription services, targeting audiences in over 220 countries and territories with localized operations in regions including Asia-Pacific, EMEA, Latin America, and Poland via hubs like TVN Warner Bros. Discovery. Warner Bros. Discovery, formed in 2022 from the merger of Discovery, Inc. and WarnerMedia, is headquartered in New York, New York, with key studios in Burbank, California. Recent strategic developments include the June 2025 announcement of a tax-free separation into two public companies by mid-2026—Warner Bros. (Streaming and Studios, led by CEO David Zaslav, incorporating HBO Max expansion to 77 markets and targeting 150 million subscribers) and Discovery Global (Global Networks, led by CFO Gunnar Wiedenfels, retaining linear TV assets and assuming debt)—to enhance focus and value; ongoing review of unsolicited acquisition bids from multiple parties including Paramount Skydance, Netflix, and Comcast as of November 2025, with second-round proposals due by December 1 requesting higher valuations amid a 10% share surge; April 2025 Series D investment of $24 million in FloSports alongside partners like Bertelsmann Digital Media Investments; March 2025 acquisition of a 30% stake in Dubai-based OSN Streaming for $57 million; NBA rights settlement in November 2024 preserving highlights access and international games while sublicensing Big 12 sports from Disney; and divestitures such as selling New Zealand assets to Sky Network Television in July 2025 and completing the All3Media sale in May 2024.
Company News
Tom Cruise Backs Paramount's 30-Movies-A-Year Promise In WBD Merger: “I Think It's Awesome”
Block The Merger Coalition Releases New Video Urging “No Concessions” On Paramount-WBD
Warner Bros. Discovery CEO Perrette Sells $3.7 Million Stock
California AG Rob Bonta's political bid has put the Paramount merger on hold
My Forever Portfolio: 3 Undervalued Stocks to Buy Now and Hold Forever
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it
Paramount Denies It Leaked Details Of Talks With AG's Office, Company “Hopeful” And “Ready To Continue Good Faith Discussions”
California cancels planned Paramount settlement talks over Warner Bros. merger
What Makes Paramount Skydance's Deal For Warner Bros. Discovery So Unique
A media M&A chill: The Paramount-WBD antitrust challenge may hold up more deals than one
California expected to seek TV channel sales from Paramount-Warner, WSJ reports
California Expected to Seek TV Channel Sales From Paramount-Warner
Paramount, California AG to meet over possible settlement in $110B Warner Bros. Discovery merger lawsuit
Paramount, California AG office reportedly plan to meet Monday to discuss settling WBD lawsuit
Paramount and California to hold preliminary talks on Warner Bros deal, NYT reports
Paramount hits back at lefty actor Mark Ruffalo over unhinged, ‘antisemitic' rant against Warner Bros merger
Weekend Morning Brew: Major Trials, Earnings, and Regulatory Changes Impact Markets
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California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'