Warner Bros. Discovery

Warner Bros. Discovery, Inc.
	Logo used since 2022
Company type	Public
Traded as	Nasdaq: WBD (Series A); Nasdaq-100 component; S&P 500 component;
ISIN	US9344231041
Industry	Media; Entertainment;
Predecessors	WarnerMedia; Discovery, Inc.;
Founded	April 8, 2022
Defunct	Mid-2026
Fate	Split into two separate companies (pending)
Successors	Warner Bros. Discovery Global Linear Networks; Warner Bros. Discovery Streaming & Studios;
Headquarters	230 Park Avenue South, New York City, New York, United States
Area served	Worldwide
Key people	Samuel DiPiazza (chairman); David Zaslav (president and CEO); John C. Malone (chairman emeritus);
Revenue	US$39.32 billion (2024)
Operating income	US$−10.03 billion (2024)
Net income	US$−11.31 billion (2024)
Total assets	US$104.6 billion (2024)
Total equity	US$34.04 billion (2024)
Owner	Advance Publications (8%)
Number of employees	35,000 (2024)
Divisions	Warner Bros. Discovery Global Linear Networks; Warner Bros. Discovery Streaming & Studios;
Subsidiaries	List of assets owned by Warner Bros. Discovery
Website	wbd.com
	Footnotes / references;

Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.

The company's properties are divided into two divisions: Streaming & Studios—which consists of the flagship Warner Bros. studios, HBO, DC Entertainment, and the company's streaming services among other properties, and Global Linear Networks—which largely consists of advertising-supported cable networks inherited from its predecessors Discovery (such as Discovery Channel among others), Scripps Networks Interactive (such as HGTV among others), and Turner Broadcasting System (such as Cartoon Network, CNN, TBS, and TNT among others). Warner Bros. Discovery International is also included in the division, which oversees WBD's broadcasting operations outside of the United States.

^ "S&P Dow Jones Indices Announces Treatment of AT&T Transaction with Discovery" (PDF). S&P Dow Jones Indices. S&P Global. April 7, 2022. Archived (PDF) from the original on April 7, 2022. Retrieved May 24, 2022.
^ "Warner Bros. Discovery – Annual Reports & Proxies". ir.wbd.com. Archived from the original on August 17, 2022. Retrieved August 5, 2022.
^ "Warner Bros Discovery 10K". U.S. Securities and Exchange Commission. February 27, 2025. Retrieved February 27, 2025.

[1] "S&P Dow Jones Indices Announces Treatment of AT&T Transaction with Discovery" (PDF). S&P Dow Jones Indices. S&P Global. April 7, 2022. Archived (PDF) from the original on April 7, 2022. Retrieved May 24, 2022.

[2] "Warner Bros. Discovery – Annual Reports & Proxies". ir.wbd.com. Archived from the original on August 17, 2022. Retrieved August 5, 2022.

[Warner_Bros_Discovery_2024_10K-3] "Warner Bros Discovery 10K". U.S. Securities and Exchange Commission. February 27, 2025. Retrieved February 27, 2025.

[1]

[2]

[3]