Warner Bros. Discovery Direct-to-Consumer, also known as Home Box Office, Max, HBO Max, and Discovery+, is a privately owned subsidiary of Warner Bros. Discovery, headquartered in the US. Founded in 1972, with approximately 4,250 employees, it reported $10.9 billion in revenue as of 2025. The company's direct-to-consumer business encompasses streaming services, including Max, HBO Max, and discovery+, alongside premium pay-TV services such as HBO. Functioning as an American subscription video on-demand over-the-top (OTT) streaming service, it offers diverse content, including movies, TV shows, documentaries, and original programming. It reported a total of 97.7 million DTC subscribers as of December 31, 2023. Its subsidiaries include HBO, Open AP, You.i TV, and iStreamPlanet.
Warner Bros. Discovery (WBD) initiated the 19th edition of its School Contact Programme in August, engaging 1 million children across 1,400 schools in 18 Indian cities through POGO and Cartoon Network. Separately, Paramount reportedly considers relocating its headquarters from California as its legal battle over the proposed acquisition of Warner Bros. Discovery intensifies, with the California Attorney-General and 11 other states pursuing an antitrust case to block the merger. This follows the FCC's approval on September 17 of equity investments from three Middle East sovereign wealth funds backing Paramount’s $111 billion acquisition of WBD, removing a potential regulatory hurdle. Earlier on September 17, Warner Bros. Discovery returned to the top of Nielsen’s Polish cross-platform viewing ranking in August, overtaking Polsat and TVP after the summer’s major sporting events.
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Warner Bros. Discovery Direct-to-Consumer offers 2 products in the media and telecoms services industry. Warner Bros. Discovery Direct-to-Consumer's product portfolio comprises of media and TV services.
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Warner Bros. Discovery Direct-to-Consumer's revenues were over $1B in 2025. All the revenue comes from video streaming.
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Examples of Warner Bros. Discovery Direct-to-Consumer's suppliers include Globant, Accenture and Deluxe.
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Warner Bros. Discovery Direct-to-Consumer currently holds 15 broadcasting rights for sports competitions including soccer | association football, cycling, combat sports, winter sports and cyclo-cross.
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