Warner Bros. Discovery, a publicly owned company headquartered in US, was founded in 2022 and employs approximately 36,250 individuals. It reported $37.3B in revenue as of 2025. Functioning as an entertainment provider, the company operates as an American multinational mass media and entertainment conglomerate. Its properties are organized into two primary divisions: Streaming & Studios, which encompasses flagship Warner Bros. studios, HBO, DC Entertainment, and various streaming services; and Global Linear Networks, which manages advertising-supported cable networks inherited from predecessors such as Discovery (including Discovery Channel), Scripps Networks Interactive (including HGTV), and Turner Broadcasting System (including Cartoon Network, CNN, TBS, and TNT). Warner Bros. Discovery International is also included within the Global Linear Networks division, overseeing 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:

Paramount Skydance CEO David Ellison assured cinema owners on April 18, 2026, that a combined entity formed through its proposed $110 billion acquisition of Warner Bros. Discovery would release at least 30 films annually across both studios. This assurance followed Netflix's robust first-quarter 2026 earnings report on April 17, which saw revenue rise 16% year-over-year to $12.25 billion and net income reach $5.3 billion, after its talks to acquire Warner Bros. Discovery fell through. Earlier on April 17, an open letter, eventually signed by over 2000 industry heavyweights, expressed significant opposition to the Paramount Skydance and Warner Bros. Discovery merger. This industry concern arose as Netflix's recent attempt to acquire Warner Bros. Discovery's assets led analysts to scrutinize Netflix's potential future acquisition strategy amid increasing competition in the streaming sector.
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Warner Bros. Discovery currently holds 120 broadcasting rights for sports competitions including tennis, ice hockey, winter sports, professional wrestling, athletics, combat sports, basketball, sailing, rugby union, equestrianism, marathon, wrestling, cricket, snooker, golf, climbing, triathlon, motorsports, multi-sport, biathlon, soccer | association football, surfing and beach volleyball.

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