WBD DTC (Discovery+, HBO, Max)

https://wbd.com/
https://www.linkedin.com/company/warner-bros-discovery/

WBD DTC, also known as Discovery+, HBO, and Max, is a privately owned entity operating under parent company Warner Bros. Discovery and headquartered in the US. Founded in 1972, the company employs approximately 4,250 individuals and reported $10.9 billion in revenue as of 2025. Specializing in media and TV services, the company encompasses streaming services such as Max, HBO Max, and discovery+, along with premium pay-TV services like HBO. As of December 31, 2023, WBD DTC reported 97.7 million DTC subscribers. Max, formerly and in Europe still HBO Max, is an American subscription video on-demand over-the-top streaming service owned by Home Box Office (HBO), which itself is a subsidiary of Warner Bros. Discovery. Launched in 2020, Max offers a wide range of content, including movies, TV shows, documentaries, and original programming, and operates with a global reach across several countries. Home Box Office (HBO) is an American premium television network which primarily offers broadcast television and radio services, and includes diverse programming such as original series, movies, documentaries, and sports coverage. WBD DTC also operates through subsidiaries including HBO, Open AP, You.i TV, and iStreamPlanet.

2025 Revenue

Founded

1972

Headcount

4,241

Headquarters

Primary Segment

Media and TV services

Ownership

Privately Owned

News Summary:

Warner Bros. Discovery (WBD) shareholders on April 25, 2026, approved the company's proposed transaction with Paramount Skydance, a significant step toward bringing brands like CNN and HBO under Paramount. The company noted shareholders were "extremely" supportive of the acquisition after a special meeting held on Thursday morning, though regulatory hurdles for the takeover loom. Previously, on April 24, billionaire media mogul David Ellison, whose Paramount Skydance seeks federal sign-off for the $111 billion deal, hosted a dinner party in Washington D.C. for President Donald Trump, where Trump delivered remarks for nearly an hour, as Paramount Skydance looks to win regulatory approval from the Trump administration’s Justice Department. Earlier on April 24, WBD rescheduled its first quarter 2026 financial results call to May 6, 2026, with the company anticipating the merger with Paramount Skydance will generate $69 billion in pro forma revenue and $18 billion in adjusted EBITDA for fiscal year 2026, with $6 billion in synergies.

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WBD DTC (Discovery+, HBO, Max) offers 2 products in the media and telecoms services industry. WBD DTC (Discovery+, HBO, Max)'s product portfolio comprises of media and TV services.

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WBD DTC (Discovery+, HBO, Max)'s revenues were over $1B in 2025. All the revenue comes from video streaming.

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May

3rd

2026

13:00

Emerging Tech, B2B Tag

Paramount-WBD (Warner Bros. Discovery) Deal Signals New Era of Streaming Scale

Combined entity reaches 57% of US internet households, positioning it alongside Netflix, Google, Amazon, and Disney in viewer engagement and reach Parks Associates’ latest streaming video research highlights that Paramount’s acquisition of Warner Bros. Discovery (WBD) would extend the combined company’s reach to 57% of all US internet households.

Parks Associates

May

3rd

2026

12:07

B2B Tag

Paramount Skydance-Warner Bros merger faces growing opposition

Opposition mounts against Paramount Skydance’s Warner Bros merger despite shareholder approval, citing antitrust and job concerns. LOS ANGELES: Paramount Skydance’s blockbuster plan to acquire Warner Bros Discovery has cleared a major hurdle following a recent shareholder vote of approval, but the proposed merger is now facing a wave of opposition, reported Xinhua.

theSun

May

2nd

2026

18:30

B2B Tag

Proposed merger of Paramount, Warner Bros faces opposition despite shareholder approval

LOS ANGELES - The entertainment giant Paramount Skydance's blockbuster plan to buy Warner Bros Discovery cleared a major hurdle with the recent shareholder vote of approval, but the proposed merger is colliding with a wave of opposition.

Chinadailyhk

May

1st

2026

22:47

B2B Tag

WARNER BROS. DISCOVERY, INC.'s Virtual Shareholder's Meeting

By checking this box, you attest that you are a shareholder of record for this company and therefore legally permitted to view this information under RELEVANT shareholder meeting LAWS. You further attest that the information provided by you below is accurate and complete.

Virtual Shareholder Meeting

May

1st

2026

20:48

Layoffs, B2B Tag

Karen Bass Copies Mayoral Rival Nithya Raman Tax Credit, Production Policies

Deep in the middle of a tough reelection campaign, Karen Bass has discovered the middle of the road can be a very politically dangerous place with few good options. To that, the incumbent Mayor has today snagged the Hollywood production and competition proposals of her most threatening rival.

MSN Australia

May

1st

2026

18:30

Financial Results, B2B Tag

As Warner Bros. Discovery Revenue Fell In 2025, CEO David Zaslav’s Pay Tripled

There’s an ever-widening gap between company performance and CEO pay at Warner Bros. Discovery, the media giant that just voted to merge with Paramount Skydance in a $110 billion deal. WBD’s revenue fell in 2025 for the second year in a row, while the company generated less than $1 billion in profit on more than $37 billion in revenue — the latter being down 5% from the prior year.

Forbes

May

1st

2026

11:35

B2B Tag

Paramount+ Subscribers Sue To Stop Warner Bros. Discovery Sale

Attorneys General around the country, as well as many politicians, have discussed mounting a legal challenge to Paramount Skydance’s mega purchase of Warner Bros. Discovery. Thus far none of them have done anything to actually stop it.

Nerdist

May

1st

2026

10:05

B2B Tag

Charles Gasparino: David Zaslav benefits from sale of Warner Bros. Discovery to Paramount and Skydance

Charles Gasparino , senior correspondent at Fox Business, points to David Zaslav's personal gain from selling Warner Bros. Discovery to Paramount and Skydance. He also suggests that employees of Warner Bros. Discovery may have perspectives on the transaction.

Traders Union

May

1st

2026

08:56

Regulatory and Legal, B2B Tag

Congressman Urges FCC to Reject Paramount-Warner Bros. Merger’s Middle East Investment

Congressman Sam Liccardo is urging FCC chairman Brendan Carr to deny Paramount Skydance’s petition that would 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.

TheWrap

May

1st

2026

07:15

Sports Rights Updates, B2B Tag

TNT Sports set to air 4,000 hours of live sporting action over next 3 months – SEENIT

TNT Sports will bring audiences more than 4,000 hours of live action from top cycling, golf, football and tennis contests across May, June and July. The channel, which is available on EE TV, Sky, Virgin Media and its new streaming home HBO Max, is part of Warner Bros.

SEENIT

May

1st

2026

06:45

B2B Tag

Paramount Skydance, Warner Bros. merger a 'big, bold, and game-changing move'—Morgan Stanley

Morgan Stanley delivered a double upgrade to Paramount Skydance (PSKY) as the proposed acquisition of Warner Bros.

Seeking Alpha

Apr

30th

2026

18:30

Wrestling, B2B Tag

Agent to WWE Superstars says that WBD is not renewing AEW’s TV deal

Nick LoPiccolo, an agent to several WWE Superstars and constant foe of AEW President Tony Khan, is claiming that Warner Bros. Discovery informed Khan that they will not be renewing the AEW television deal. He said that WBD actually informed Khan about the decision back in August.

Gerweck

Examples of WBD DTC (Discovery+, HBO, Max)'s suppliers include Accenture, Deluxe and Globant.

Example Suppliers

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Example Partners

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WBD DTC (Discovery+, HBO, Max) currently holds 15 broadcasting rights for sports competitions including combat sports, soccer | association football, winter sports, cyclo-cross and cycling.