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.