WBD Networks, also known as Discovery, is a privately owned company headquartered in the US. Founded in 1985, with approximately 6580 employees, the company reported $20.2B in revenue as of 2024. A subsidiary of Warner Bros. Discovery, the company was previously known as Discovery, Inc. WBD Networks functions as a global broadcaster and media company, with a portfolio of brands that includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, OWN: Oprah Winfrey Network, the multi-platform joint venture with Chip and Joanna Gaines, Magnolia Network, in the U.S., Discovery Kids in Latin America, and Eurosport, which provides locally relevant sports and coverage of the Olympic Games across Europe. Its subsidiaries include BluTV, Play Sports Group, Warner Bros. Discovery Germany, TVN Warner Bros. Discovery, Warner Bros. Discovery New Zealand, Turner Broadcasting Systems (TBS), Discovery Networks International, TNT Sports (US), TNT Sports (Chile), Motortrend Group, Discovery Networks U.S., Otter Media Holdings, Cable News Network (CNN), TNT, TNT Sports (BT Sport), and Eurosport.

2024 Revenue

Founded

1985

Headcount

6,573

Headquarters

US

Primary Segment

Entertainment

Ownership

Privately Owned

News Summary:

Activist investor Ancora Holdings disclosed a $200 million stake in Warner Bros. Discovery on February 14, 2026, stating its intent to vote against Netflix's proposed acquisition of Warner Bros. assets. Earlier that day, many Cartoon Network series, including "Ben 10" and "Powerpuff Girls," began moving to Tubi following their disappearance from HBO Max. On February 13, Warner Bros. Discovery (WBD) issued a statement clarifying that HBO content remains fully accessible to Malaysian audiences through long-term partner Unifi TV and direct-to-consumer streaming, despite reports of Astro ending its offering of the channel from March. This clarification follows a proposed $83 billion deal on the same day, where Netflix is vying for WBD's premium content, a move that could enable Netflix and HBO combined to command approximately 33% of US streaming and surpass YouTube in total TV share.
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Examples of WBD Networks (Discovery)'s suppliers include AI-Media, ThinkAnalytics and Xytech Systems.

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WBD Networks (Discovery) currently holds 14 broadcasting rights for sports competitions including cycling and tennis.

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