Warner Bros. Discovery

Quick read

Warner Bros. Discovery (WBD), a global media and entertainment company, was formed in April 2022 via the merger of WarnerMedia and Discovery, Inc., and is operationally headquartered in New York. The company is mid-split: a TV-focused spin-off called Discovery Global is set to separate in Q3 2026, housing CNN, HBO, and cable brands, while the Warner Bros. streaming and studios half agreed in February 2026 to a $110 billion acquisition by Paramount Skydance. Its streaming business reached 140+ million subscribers by Q1 2026 and generated $1.4 billion in profit in 2025.

Key facts

Founded

April 2008

Employees

17500

Sectors

consumer, healthcare

Website

www.wbd.com

Mission

Warner Bros. Discovery owns and distributes premium entertainment, news, and sports content across television, film, streaming, and gaming through brands including HBO, Max, CNN, DC Studios, Discovery, and Warner Bros.

Recent activity

• May 2026product
  WBD held its 2026 Upfront at Madison Square Garden in New York, presenting brands from both Discovery Global and Warner Bros. including CNN, HBO, Adult Swim, and TNT Sports ahead of the planned company separation. x.com
• May 2026fundraise
  Paramount Skydance secured close to $24 billion from Saudi Arabian, Qatari, and Abu Dhabi sovereign wealth funds to back its $110–111 billion acquisition of Warner Bros. Discovery, with deal close expected by end of Q3 2026. variety.com
• May 2026product
  Discovery Global announced its inaugural 2026 Upfront Presentation, marking it as a standalone brand ahead of the spin-off from Warner Bros. Discovery. x.com
• Feb 2026fundraise
  WBD's board accepted Paramount Skydance's offer of $31 per share in cash — a deal valued at $110 billion — after Netflix declined to counter the bid. x.com
• Jan 2026product
  HBO Max launched in the UK, Ireland, and 12 new Asia Pacific markets, with New Zealand set to follow mid-2026. The rollout includes the upcoming Harry Potter series debuting Christmas 2026. linkedin.com
• Jan 2026leadership
  Adrienne O'Hara, previously at Gap Inc., joined as Discovery Global's EVP of Communications and Public Affairs, reporting to incoming Discovery Global CEO Gunnar Wiedenfels. variety.com
• Q2 2025press
  WBD reported Q2 2025 total revenues of $9.8 billion and repaid its $1.5 billion term loan due 2026, reducing gross debt by $2.2 billion via a $17 billion bridge facility tied to the planned separation. x.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• David Zaslav · CEO
  Brief →
• Clément Schwebig · Executive
• John Malone · Board Member / Shareholder
• Gunnar Wiedenfels · CFO
• Bruce Campbell · Chief Revenue & Strategy Officer
• Casey Bloys · Chairman & CEO, HBO & Max Content
• JB Perrette · CEO & President, Streaming & Gaming

Sources

• Paramount Skydance Secures $24 Billion From Saudi Arabia, Qatar and Abu Dhabi Funds for Warner Bros. Deal
• Deadline: WBD selling to Paramount for $110 billion
• Warner Bros. Discovery Hires Adrienne O'Hara as Discovery Global's Head of Communications
• WBD Q2 2025 Financial Results Highlights
• Warner Bros. Discovery LinkedIn
• WBD 2026 Upfront at Madison Square Garden
• Paul Tudor Jones' Hedge Fund Buys 7 Million Shares of Warner Bros. Discovery

Other companies in United States

• OpenAI · AI lab, San Francisco·
• Anthropic · AI safety lab, San Francisco·
• Stripe · Payments infrastructure, San Francisco·
• Microsoft · Big tech, Redmond·
• NVIDIA · AI hardware, Santa Clara·
• Databricks · Data + AI platform, San Francisco

Frequently asked