Warner Bros. Discovery, also known as WBD, is a publicly owned company headquartered in the US. Formed on April 8, 2022, from WarnerMedia's spin-off by AT&T and its merger with Discovery, Inc., the entertainment provider employs approximately 36,250 individuals and reported $37.3B in revenue as of 2025. The company's properties are divided into two divisions: Streaming & Studios, which includes Warner Bros. studios, HBO, DC Entertainment, and its streaming services, and Global Linear Networks, which comprises advertising-supported cable networks such as Discovery Channel, HGTV, Cartoon Network, CNN, TBS, and TNT. Warner Bros. Discovery International also oversees the company's broadcasting operations outside of the United States.

2025 Revenue

Founded

2022

Headcount

36,243

Headquarters

US

Primary Segment

Entertainment Providers

Ownership

Publicly Owned

News Summary:

On May 1, 2026, Fox Business senior correspondent Charles Gasparino pointed to potential personal gain for David Zaslav from a proposed sale of Warner Bros. Discovery to Paramount and Skydance, also suggesting that Warner Bros. Discovery employees may have perspectives on the transaction. This followed Congressman Sam Liccardo's urging earlier the same day for FCC Chairman Brendan Carr to reject Paramount Skydance’s petition. The petition sought to allow three Middle Eastern sovereign wealth funds and other foreign investors to acquire 49.5% of the equity of the company following its merger with Warner Bros. Earlier on May 1, TNT Sports, a division of Warner Bros. Discovery, announced plans to broadcast over 4,000 hours of live sporting action across cycling, golf, football, and tennis contests throughout May, June, and July. The channel is accessible on EE TV, Sky, Virgin Media, and HBO Max.
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Examples of Warner Bros. Discovery's suppliers include Google, Amazon Web Services (AWS) and Wipro.

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Warner Bros. Discovery currently holds 120 broadcasting rights for sports competitions including ice hockey, professional wrestling, wrestling, multi-sport, equestrianism, triathlon, motorsports, snooker, marathon, soccer | association football, winter sports, cricket, basketball, golf, beach volleyball, biathlon, combat sports, climbing, surfing, tennis, athletics, sailing and rugby union.

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