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3.0
Warner Bros. Discovery Inc. (WBD) operates within the “other” sector classification, with a core focus on media and entertainment, and stands among the largest global players in the industry.
The company was formed through the merger of WarnerMedia and Discovery Inc., creating a diversified portfolio that spans film production, television networks, streaming platforms and global content distribution.
Its creation combined the long-standing capabilities of WarnerMedia—owner of brands such as Warner Bros., HBO and CNN—with Discovery’s expertise in documentary and unscripted content.
The resulting portfolio includes television networks such as HBO, TNT, CNN, Discovery Channel and Cartoon Network, as well as the streaming services Max (formerly HBO Max) and Discovery+.
Warner Bros.’ film division manages iconic franchises including Harry Potter, DC Comics and The Lord of the Rings. The company also operates licensing activities for brands and products and produces digital content, complementing its broader entertainment operations.
With an international footprint, Warner Bros. Discovery distributes content via pay-TV networks, streaming services and licensing agreements across multiple markets.
In the United States, the company maintains a leading position in both traditional and digital media, while in Latin America, Europe and Asia, efforts remain focused on expanding its subscriber base and strengthening the presence of its streaming platforms.
The media and entertainment sector is undergoing structural transformation, requiring strategic adaptation. Warner Bros. Discovery competes with major industry players such as Disney, Netflix, Paramount and Amazon Prime Video.
The rapid growth of streaming and shifts in consumer behavior have led to internal restructuring, cost-cutting measures and a redefinition of content strategies.
Its operational structure includes production studios, television networks, digital platforms and globally dispersed offices. Post-merger integration efforts have prioritized expense reduction and process optimization to preserve competitiveness in an evolving market.
Shares of Warner Bros. Discovery Inc. trade on the Nasdaq under the ticker WBD, while in Brazil the company is represented by the BDR W1BD34.
History and Foundation of Warner Bros. Discovery Inc.
Warner Bros. Discovery Inc. was established in 2022 in the United States following the merger between WarnerMedia, formerly a division of AT&T, and Discovery Inc. The transaction aimed to create one of the world’s largest entertainment conglomerates by combining the strengths of both companies across different media segments.
Expansion efforts were marked by the consolidation of content libraries and strategic moves to enhance the global competitiveness of its streaming operations. Meanwhile, the company maintained its presence in film and television production, seeking to balance revenue streams between digital subscriptions and advertising from traditional channels.
Among key historical milestones, the merger was officially completed in 2022, and its shares began trading on the Nasdaq. Following the merger, the company reassessed its film release strategy, prioritizing exclusive theatrical windows before transitioning titles to digital platforms.
Between 2020 and 2024, Warner Bros. Discovery underwent significant strategic transformations. In 2023, the restructuring of the DC Comics cinematic universe introduced new creative and operational directions for its superhero productions.
The company also re-evaluated streaming exclusivity agreements to improve content monetization. With a recent trajectory defined by strategic adjustments, Warner Bros. Discovery remains focused on consolidating its business model and maintaining competitiveness in the global media and entertainment landscape.
Additional Information
The Company Warner Bros Discovery Inc (United States), is listed on Nasdaq with a market cap of $ 57.44 Billions, having an equity of $ 37.31 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 37.86 Billions, which generated a loss in the amount of $ 485.00 Millions.
As for its main indicators, the Company has a P/E ratio of 118.43, a P/BV ratio of 1.54 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker WBD.
