WBD Networks (Discovery)

WBD Networks (Discovery)

https://wbd.com/
https://www.linkedin.com/company/discoveryinc/

WBD Networks, also known as Discovery, is a privately owned company headquartered in the United States. It operates under its parent company, Warner Bros. Discovery, having been founded in 1985 and employing approximately 35,500 individuals. The company reported $17.7B in revenue as of 2025. Focusing on entertainment, WBD Networks functions as a global broadcaster and media company. Its portfolio encompasses a wide array of brands, including Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and OWN: Oprah Winfrey Network. The company also includes 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 programming and covers the Olympic Games across Europe. WBD Networks was previously known as Discovery, Inc.

2025 Revenue

Founded

1985

Headcount

35,500

Headquarters

United States

Primary Segment

Entertainment

Ownership

Privately Owned

News Summary:

On September 25, 2026, analysis suggested that merging Paramount+ and HBO Max into a single streaming platform post-acquisition, a move aimed at achieving better scale, might present significant challenges. This follows the revelation that the $110 billion Paramount-Warner merger's internal paperwork attributes job losses to debt consolidation and tax arbitrage, rather than artificial intelligence, noting Paramount's gross debt at $15.5 billion and a cost-cutting target of $2.70 billion from combining operations. Earlier the same day, Paramount Skydance launched syndication for a $7.5 billion senior secured incremental Term B loan facility, part of a broader $44.4 billion secured debt package, to fund its proposed $110 billion acquisition of Warner Bros. Discovery and refinance existing obligations. Concurrently, multiple groups from the Block the Merger coalition submitted an amicus brief urging a federal court in California to reject Paramount’s settlement with 12 state attorneys general. Separately, S&P downgraded Paramount Skydance to BB from BB+, reflecting expectations for significantly higher leverage, with adjusted leverage forecasted at approximately 7.6x in both 2026 and 2027 following the proposed acquisition.

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Oct

1st

2026

08:51

Management Changes, B2B Tag, Management Changes

Paramount names Ynon Kreiz co-CEO ahead of Warner merger

Paramount has announced the appointment of Ynon Kreiz as its new co-CEO, ahead of the completion of its $110 billion merger with Warner Bros. Discovery. Kreiz, who was previously Mattel's chairman and CEO, will work alongside current chairman and CEO David Ellison in leading the company post-merger.

Oct

1st

2026

08:48

M&A Activities, Layoffs, Layoffs, M&A Activities, Legal Issues and Lawsuits

Mark Ruffalo Decries Paramount Job Losses, Says Anti-Merger Movement Won’t “Fade Away”

Mark Ruffalo wants to Hulk smash the Paramount-Warner Bros. merger. The Marvel actor slammed the deal after a federal judge cleared the final hurdle for the settlement of an antitrust lawsuit brought by a group of state attorneys general on Wednesday.

The Hollywood Reporter

Oct

1st

2026

08:26

Management Changes, M&A Activities, B2B Tag, M&A Activities, Regulations and Policies, Management Changes

Breakdown of Paramount’s $110 billion Warner Bros. Discovery deal

A new update has come in on Paramount's $110 billion deal to acquire Warner Bros. Discovery, with a California judge now approving the agreement, as reported by NBC News . The judge approved the settlement on Wednesday, allowing Paramount Skydance to continue with the deal.

Oct

1st

2026

08:19

New Offerings, Partnerships and Alliances, Marketing and Promotional Activities, New Offerings, Partnerships

STUDDS Unveils Looney Tunes Helmet for Young Riders

STUDDS Accessories Ltd., one of the world’s leading two-wheeler helmet manufacturers, has launched the Raider Youth Looney Tunes Edition, a new decal edition of the Raider Youth full-face helmet developed in collaboration with Warner Bros. Discovery Global Consumer Products (WBDGCP).

Oct

1st

2026

08:00

M&A Activities, B2B Tag, M&A Activities, Legal Issues and Lawsuits

Warner Merger Will ‘Stifle Creativity’ After Judge Clears Deal to Close

Mark Ruffalo is renewing his opposition to Paramount Skydance's acquisition of Warner Bros. Discovery after a federal judge approved the settlement clearing the companies to complete the deal. In his Sept.

Oct

1st

2026

07:50

M&A Activities, Default (Finance), B2B Tag, M&A Activities, Debt Issuance

Paramount’s $41 Billion of M&A Bonds Slump as Trading Begins (1)

Paramount Skydance Corp.’s $41 billion of US dollar bonds to finance its takeover of Warner Bros. Discovery Inc. sold off to start their first full day of trading while default-protection expenses surged to a 17-year high. The cost of protecting the company’s debt against default for five years rose as much as 53 basis points to 432 basis points, according to ICE Data Services as of 9:15 a.m. Thursday in New York. That’s the highest level since April 2009.

Oct

1st

2026

07:46

M&A Activities, B2B Tag, M&A Activities, Legal Issues and Lawsuits, Regulatory Compliance

Paramount’s Makan Delrahim, California AG Rob Bonta Get Candid on Warner Bros. Merger Settlement

The seemingly endless twists and turns in the Paramount-Warner Bros. saga finally came to an end on Wednesday when a federal judge signed off on its settlement with a dozen state attorneys general, clearing the way for the $110 billion merger.

Oct

1st

2026

06:30

M&A Activities, B2B Tag, M&A Activities, Legal Issues and Lawsuits, Regulatory Compliance

U.S. federal judge clears way for Paramount-Warner merger after approving states' settlement

LOS ANGELES, Oct. 1 (Xinhua) -- A federal judge on Wednesday approved a settlement between Paramount Skydance and 12 states that had sued to block its takeover of Warner Bros. Discovery, removing the last major legal obstacle to one of the largest media mergers in history.

Oct

1st

2026

06:30

M&A Activities, M&A Activities

Paramount-HBO Max streaming combination may give you more content, but at what cost?

Paramount has received the green light to close its $81 billion mega-merger with Warner Bros. Discovery. The deal will bring together two of Hollywood’s five remaining major legacy studios. and cable networks such as CNN will also come under the same corporate roof as CBS and the Paramount+ streaming service.

The Economic Times

Oct

1st

2026

06:30

What Twin Peaks and Coyote vs. Acme teach us about the value of what companies abandon

In the 1991 finale of Twin Peaks , Laura Palmer famously tells Agent Cooper, “I’ll see you again in 25 years.” ABC had already canceled the show. Twenty-six years later, Showtime took that line literally and revived it, with creators David Lynch and Mark Frost still attached.

Oct

1st

2026

06:30

Partnerships and Alliances, New Offerings, Advanced Manufacturing, B2B Tag, New Offerings, Partnerships

Toybox Introduces Harry Potter™ to Its 3D Printing Platform

Toybox, the leading consumer 3D printing platform designed for kids and families, today announced an extension of its partnership with Warner Bros. Discovery Global Consumer Products, introducing the beloved world of Harry Potter™ to its growing library of printable creations for the very first time.

Oct

1st

2026

06:30

M&A Activities, M&A Activities, Regulations and Policies

AP Business SummaryBrief at 3:46 a.m. EDT

High gas prices are spurring states to waive taxes and regulations amid midterm election COLUMBUS, Ohio (AP) — State officials nationwide are focusing on rising gas and diesel prices tied to the war in Iran. They're offering gas tax holidays and other measures to ease costs as affordability remains a top voter concern in the critical midterm elections.

Mankato Free Press

Examples of WBD Networks (Discovery)'s suppliers include Skyline Communications, AI-Media and SDVI.

Example Suppliers

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

Example Sports Rights Suppliers

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