WBD Networks (Discovery), a privately owned entertainment company headquartered in the US and a subsidiary of Warner Bros. Discovery (WBD), was founded in 1985. Employing approximately 6,580 people, the company generated over $1 billion in revenue in 2024. Its holdings encompass a diverse range of global broadcasting and media assets, including Discovery Channel, HGTV, Food Network, TLC, and Eurosport, among others. Notable subsidiaries include TNT Sports (across various regions), Turner Broadcasting Systems (TBS), Cable News Network (CNN), and several international networks.
On May 8, 2025, Warner Bros. Discovery held its first-quarter 2025 earnings call. Warner Bros. Discovery Sports Europe launched Cycling Central Intelligence (CCI), a generative AI-powered platform created with Amazon Web Services. A collaboration between Warner Bros. Discovery Global Consumer Products and Wendy’s resulted in a limited-edition collection of DC Super Hero and Super-Villain toys for kids' meals. Sphere Entertainment Co. partnered with Warner Bros. to launch a Wizard of Oz show at Sphere in August, marking the venue's first licensed content.
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