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Warner Bros. Discovery

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.

Company type

Public

US9344231041

  • January 10, 1990 (1990-01-10) (as WarnerMedia)
  • April 8, 2022 (2022-04-08) (as Warner Bros. Discovery)

230 Park Avenue South,

New York City, New York
,
United States

Worldwide

Increase US$41.32 billion (2023)

Negative increase US$−1.55 billion (2023)

Negative increase US$−3.13 billion (2023)

Decrease US$122.8 billion (2023)

Decrease US$45.23 billion (2023)

Advance Publications (8%)[2]

35,300 (2023)[3]

wbd.com

The company's properties are divided into nine business units, consisting of the flagship Warner Bros. film and television studios, comic book publisher DC Comics, Home Box Office, Inc. (including HBO, Cinemax and Magnolia Network), U.S. Networks Group (including the majority of the advertisement-supported cable channels of its predecessors, namely Discovery, Scripps Networks, Turner Broadcasting, and Warner), CNN Worldwide (which includes CNN and CNN International), TNT Sports (including Motor Trend Group, TNT Sports UK, and Eurosport), Global Streaming & Interactive Entertainment (which includes the Discovery+ and Max streaming services, as well as the video game publisher Warner Bros. Games), and International Networks. It also holds a one-eighth stake in The CW and a majority stake in Television Food Network, G.P. (comprising Food Network and Cooking Channel), all of which exist alongside Nexstar Media Group, with Paramount Global also owning a one-eighth stake in The CW.

Warner Bros. Entertainment

owns and/or operates most of the company's linear cable networks in the United States, including Discovery Channel, TLC, Animal Planet, OWN, Investigation Discovery, Food Network and Cooking Channel (both with Nexstar Media Group), HGTV, TBS, TNT, TruTV, Turner Classic Movies, Cartoon Network/Adult Swim, and Boomerang among others. The division is led by Kathleen Finch.

Warner Bros. Discovery U.S. Networks

focuses on local and regional variations that pipelined with global market through operations for its domestic television channels, including region-specific operations such as TVN Group in Poland and Three in New Zealand, as well as responsible for the distribution of linear networks from CNN Worldwide and Warner Bros. Discovery Sports, including Eurosport. The division is led by Gerhard Zeiler. It is split into four regional hubs: Warner Bros. Discovery Asia-Pacific, Warner Bros. Discovery EMEA, TVN Warner Bros. Discovery (Poland),[107] and Warner Bros. Discovery Americas.

Warner Bros. Discovery International

CNN Worldwide operates the news channel and other global broadcast news assets owned by Warner Bros. Discovery, including sister network HLN and various international CNN branches. The division is led by Mark Thompson.

CNN

is the parent company of the HBO and Cinemax premium television services. The division, which also oversees the production of Warner Bros. Discovery's streaming service Max Originals as well as the former Discovery joint venture Magnolia Network, is led by chairman and chief executive officer Casey Bloys

Home Box Office, Inc.

is the brand name used for sports-related divisions of the company. The American division manages the company's domestic broadcast sports businesses, including MLB Network, NBA TV, the sports media website Bleacher Report and previously AT&T SportsNet until it shut down in 2023, while the European division handles Warner Bros. Discovery's international sports operations, including Eurosport and TNT Sports UK, and the sports division of Warner Bros. Discovery in Latin America, Warner Bros. Discovery Sports Latin America which owns the sports channel TNT Sports LATAM which replaces Esporte Interativo. Both divisions are led by Luis Silberwasser.

TNT Sports

Warner Bros. Discovery Global Streaming & Interactive Entertainment manages the operations of the company's direct-to-consumer platforms, online brands and gaming businesses, including the streaming services and Discovery+, video game publisher Warner Bros. Games, and the digital media company Rooster Teeth. The division is led by JB Perrette.

Max

Warner Bros. Discovery Global Brands and Experiences

Warner Bros. Discovery consists of eight primary business divisions:[45]

Official website

Bloomberg