WBD DTC, a privately owned US-based business unit of Warner Bros. Discovery (WBD), operates several streaming and premium television services. These include Max (formerly HBO Max in some regions), Discovery+, and the legacy HBO network. Founded in 1972 (referring to HBO's founding), the combined entity employs over 4,250 people and reported revenues exceeding $1 billion in 2023. Its offerings encompass movies, TV shows, documentaries, and original programming, delivered via streaming and traditional broadcast television and radio. As of December 31, 2023, WBD DTC had a total of 97.7 million direct-to-consumer subscribers. Subsidiaries include iStreamPlanet, Open AP, HBO (Spain), HBO Latin America, HBO Asia, and You.i TV.
On April 4, 2025, Sphere Entertainment Co. announced two new projects, "The Wizard of Oz at Sphere" and "From The Edge," currently in production at Sphere Studios. A four-year extension was signed on an unspecified date with the International Federation of Sport Climbing (IFSC), ensuring continued broadcasting of major sport climbing events on Warner Bros. Discovery’s European channels and apps. On May 8, 2025, Warner Bros. Discovery held a first-quarter 2025 earnings call at 8:30 AM ET. Separately, on an unspecified date in April 2025, China announced reciprocal 34% tariffs on all US imports, effective April 10, 2025.
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WBD DTC (Discovery+, HBO, Max) offers 3 products in the media and telecoms services industry. WBD DTC (Discovery+, HBO, Max)'s product portfolio comprises of broadcast television and radio and streaming services.
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WBD DTC (Discovery+, HBO, Max)'s revenues were over $1B in 2023. Caretta Research has split WBD DTC (Discovery+, HBO, Max)'s revenue into 2 different product categories, the largest of which is linear (thematic channel groups). For full access to WBD DTC (Discovery+, HBO, Max)'s revenue breakdown subscribe to Caretta Portal.
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Examples of WBD DTC (Discovery+, HBO, Max)'s suppliers include Iyuno, NEP Group and Deluxe.
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WBD DTC (Discovery+, HBO, Max) currently holds 14 broadcasting rights for sports competitions including cyclo-cross, combat sports, winter sports, soccer | association football, cycling and motorsports.
Example Sports Rights Suppliers
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