WBD Networks, also known as Discovery, is a privately owned global broadcaster and media company headquartered in the US, operating under its parent company, Warner Bros. Discovery. Founded in 1985, with approximately 6,580 employees, the company reported $17.7B in revenue as of 2025. It specializes in entertainment, with a portfolio of brands including Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, OWN: Oprah Winfrey Network, and the multi-platform joint venture with Chip and Joanna Gaines, Magnolia Network, in the U.S. WBD Networks also operates Discovery Kids in Latin America and Eurosport, a provider of locally relevant, premium sports and the Home of the Olympic Games across Europe. The entity was previously known as Discovery, Inc. Its subsidiaries include BluTV, Cable News Network (CNN), Discovery Networks International, Discovery Networks U.S., Eurosport, Motortrend Group, Otter Media Holdings, Play Sports Group, TNT, TNT Sports (BT Sport), TNT Sports (Chile), TNT Sports (US), TVN Warner Bros. Discovery, Turner Broadcasting Systems (TBS), Warner Bros. Discovery Germany, and Warner Bros. Discovery New Zealand.

2025 Revenue

Founded

1985

Headcount

35,500

Headquarters

United States

Primary Segment

Entertainment

Ownership

Privately Owned

News Summary:

On August 14, the documentary film community voiced concerns over a potential Paramount-WBD merger, fearing for the future of archival footage and highlighting existing difficulties in securing funding and distribution for social issue and political documentaries. This followed reports detailing Margot Robbie's estimated $50 million earnings from starring in and producing the film "Barbie," which grossed $1.4 billion worldwide and became the highest-grossing film in Warner Bros. history. Earlier the same day, Paramount CEO David Ellison's strategy for a potential conservative media takeover was described as improvisational, raising questions about whether his approach is driven by expediency rather than ideology. Also on August 14, Paramount reportedly stated it has no intention of selling CNN as part of its proposed acquisition of Warner Bros. Discovery, aiming instead to merge it with CBS News, according to CNN chief media analyst Brian Stelter. This stance came despite earlier statements from Paramount Skydance Corp.'s chief legal officer, Makan Delrahim, who indicated that a sale of CNN was under consideration if it facilitated resolving an antitrust lawsuit hindering the $110 billion merger.
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Examples of WBD Networks (Discovery)'s suppliers include SDVI, Skyline Communications and AI-Media.

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

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