Warner Bros. Discovery Key Executives
This section highlights Warner Bros. Discovery's key executives, including their titles and compensation details.
Find Contacts at Warner Bros. Discovery
( total contacts)
Warner Bros. Discovery Earnings
This section highlights Warner Bros. Discovery's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2025 | 2025-05-08 | $-0.12 | $-0.18 |
| Read Transcript | Q4 | 2024 | 2025-02-27 | $-0.03 | $-0.20 |
| Read Transcript | Q3 | 2024 | 2024-11-07 | $-0.09 | $0.05 |
| Read Transcript | Q2 | 2024 | 2024-08-07 | $-0.26 | $-4.07 |
| Read Transcript | Q1 | 2024 | 2024-05-09 | $-0.20 | $-0.40 |
| Read Transcript | Q4 | 2023 | 2024-02-23 | $-0.11 | $-0.16 |
| Read Transcript | Q3 | 2023 | 2023-11-08 | $-0.13 | $-0.17 |
| Read Transcript | Q2 | 2023 | 2023-08-03 | $-0.39 | $-0.51 |
| Read Transcript | Q1 | 2023 | 2023-05-05 | $0.21 | $0.18 |
Financial Statements
Access annual & quarterly financial statements for Warner Bros. Discovery, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $39.32B | $41.32B | $33.82B | $12.19B | $10.67B |
| Cost of Revenue | $22.97B | $24.53B | $20.44B | $4.62B | $3.86B |
| Gross Profit | $16.35B | $16.80B | $13.38B | $7.57B | $6.81B |
| Gross Profit Ratio | 41.58% | 40.65% | 39.55% | 62.10% | 63.83% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.21B | $996.00M | $1.15B | $-2.20B | $-2.86B |
| Selling and Marketing Expenses | $8.09B | $8.70B | $8.52B | $6.21B | $5.58B |
| Selling General and Administrative Expenses | $9.30B | $9.70B | $9.68B | $4.02B | $2.72B |
| Other Expenses | $17.09B | $8.65B | $7.19B | $1.58B | $1.36B |
| Operating Expenses | $26.38B | $18.34B | $16.87B | $5.60B | $4.08B |
| Cost and Expenses | $49.35B | $42.87B | $37.31B | $10.22B | $7.94B |
| Interest Income | $210.00M | $179.00M | $1.29B | $18.00M | $10.00M |
| Interest Expense | $2.02B | $2.22B | $1.78B | $633.00M | $648.00M |
| Depreciation and Amortization | $7.04B | $7.99B | $7.19B | $1.58B | $1.36B |
| EBITDA | $-6.37B | $6.38B | $41.00M | $3.65B | $3.78B |
| EBITDA Ratio | -16.19% | 15.45% | 0.12% | 29.98% | 35.41% |
| Operating Income | $-10.03B | $-1.55B | $-3.58B | $2.01B | $2.52B |
| Operating Income Ratio | -25.51% | -3.75% | -10.59% | 16.50% | 23.57% |
| Total Other Income Expenses Net | $-1.36B | $-2.31B | $-1.59B | $-579.00M | $-787.00M |
| Income Before Tax | $-11.39B | $-3.86B | $-8.96B | $1.43B | $1.73B |
| Income Before Tax Ratio | -28.96% | -9.35% | -26.50% | 11.75% | 16.19% |
| Income Tax Expense | $94.00M | $-784.00M | $-1.66B | $236.00M | $373.00M |
| Net Income | $-11.31B | $-3.13B | $-7.30B | $1.01B | $1.22B |
| Net Income Ratio | -28.77% | -7.57% | -21.58% | 8.25% | 11.42% |
| EPS | $-4.62 | $-1.28 | $-3.76 | $1.80 | $2.14 |
| EPS Diluted | $-4.62 | $-1.28 | $-3.76 | $1.53 | $1.80 |
| Weighted Average Shares Outstanding | 2.45B | 2.44B | 1.94B | 507.00M | 510.00M |
| Weighted Average Shares Outstanding Diluted | 2.45B | 2.44B | 1.94B | 668.00M | 677.00M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.98B | $10.03B | $9.62B | $9.71B | $9.95B | $10.29B | $9.98B | $10.36B | $10.70B | $11.01B | $9.82B | $9.83B | $3.16B | $3.19B | $3.15B | $3.06B | $2.79B | $2.89B | $2.56B | $2.54B |
| Cost of Revenue | $5.13B | $1.89B | $5.18B | $7.94B | $7.96B | $7.93B | $5.31B | $6.64B | $6.68B | $6.95B | $5.63B | $6.62B | $1.24B | $1.07B | $1.53B | $1.05B | $969.00M | $1.13B | $1.00B | $810.00M |
| Gross Profit | $3.85B | $8.14B | $4.44B | $1.77B | $2.00B | $2.36B | $4.67B | $3.72B | $4.01B | $4.05B | $4.20B | $3.20B | $1.92B | $2.12B | $1.62B | $2.01B | $1.82B | $1.76B | $1.56B | $1.73B |
| Gross Profit Ratio | 42.86% | 81.17% | 46.16% | 18.20% | 20.06% | 22.95% | 46.80% | 35.93% | 37.52% | 36.83% | 42.72% | 32.58% | 60.87% | 66.52% | 51.46% | 65.55% | 65.29% | 60.88% | 60.84% | 68.12% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $759.00M | $703.00M | $-28.00M | $84.00M | $-27.00M | $495.00M | $43.00M | $90.00M | $-1.81B | $547.00M | $817.00M | $-442.00M | $-5.15B | $-514.00M | $-685.00M | $-364.00M | $-4.77B | $-673.00M | $-638.00M |
| Selling and Marketing Expenses | $- | $1.83B | $1.68B | $2.43B | $2.15B | $2.43B | $1.80B | $2.52B | $2.30B | $4.32B | $2.04B | $2.72B | $1.48B | $6.21B | $1.46B | $1.64B | $1.42B | $5.58B | $1.31B | $1.27B |
| Selling General and Administrative Expenses | $2.19B | $2.40B | $2.38B | $2.40B | $2.11B | $2.40B | $2.29B | $2.56B | $2.39B | $2.51B | $2.59B | $3.54B | $1.04B | $1.07B | $944.00M | $952.00M | $1.05B | $809.00M | $633.00M | $635.00M |
| Other Expenses | $1.69B | $15.31B | $1.78B | $-15.00M | $-6.00M | $-21.00M | $-19.00M | $42.00M | $2.06B | $2.17B | $2.23B | $-9.00M | $525.00M | $-173.00M | $1.00M | $1.00M | $68.00M | $134.00M | $-28.00M | $-1.00M |
| Operating Expenses | $3.88B | $17.71B | $4.16B | $2.40B | $2.11B | $2.40B | $4.28B | $4.48B | $4.45B | $4.68B | $4.82B | $5.80B | $1.56B | $1.61B | $1.28B | $1.29B | $1.41B | $1.17B | $974.00M | $969.00M |
| Cost and Expenses | $9.02B | $19.60B | $9.34B | $10.35B | $10.07B | $10.33B | $9.59B | $11.11B | $11.13B | $11.63B | $10.45B | $12.43B | $2.80B | $2.67B | $2.81B | $2.35B | $2.38B | $2.30B | $1.98B | $1.78B |
| Interest Income | $64.00M | $38.00M | $49.00M | $63.00M | $60.00M | $51.00M | $43.00M | $518.00M | $56.00M | $- | $530.00M | $- | $2.00M | $14.00M | $1.00M | $2.00M | $1.00M | $4.00M | $1.00M | $1.00M |
| Interest Expense | $468.00M | $490.00M | $494.00M | $518.00M | $515.00M | $525.00M | $574.00M | $574.00M | $571.00M | $558.00M | $555.00M | $511.00M | $153.00M | $154.00M | $159.00M | $157.00M | $163.00M | $163.00M | $161.00M | $161.00M |
| Depreciation and Amortization | $4.69B | $4.71B | $1.76B | $1.74B | $1.89B | $2.02B | $1.99B | $1.91B | $2.06B | $2.17B | $2.23B | $2.27B | $525.00M | $539.00M | $341.00M | $341.00M | $361.00M | $1.20B | $341.00M | $985.00M |
| EBITDA | $4.73B | $4.84B | $1.09B | $-8.81B | $1.59B | $1.94B | $2.04B | $1.01B | $1.40B | $191.00M | $-58.00M | $-2.49B | $970.00M | $885.00M | $733.00M | $1.22B | $821.00M | $1.77B | $831.00M | $962.00M |
| EBITDA Ratio | 52.63% | 48.31% | 11.33% | -90.71% | 15.96% | 18.82% | 20.41% | 9.78% | 13.06% | 1.74% | -0.59% | -25.33% | 30.71% | 27.77% | 23.27% | 39.78% | 29.41% | 61.50% | 32.45% | 37.86% |
| Operating Income | $-37.00M | $-9.56B | $281.00M | $-635.00M | $-114.00M | $-40.00M | $97.00M | $-906.00M | $-412.00M | $-605.00M | $-669.00M | $-3.64B | $353.00M | $508.00M | $329.00M | $779.00M | $396.00M | $488.00M | $531.00M | $717.00M |
| Operating Income Ratio | -0.41% | -95.38% | 2.92% | -6.54% | -1.15% | -0.39% | 0.97% | -8.75% | -3.85% | -5.50% | -6.81% | -37.03% | 11.17% | 15.94% | 10.44% | 25.44% | 14.18% | 16.91% | 20.73% | 28.22% |
| Total Other Income Expenses Net | $-397.00M | $9.21B | $-459.00M | $173.00M | $-552.00M | $-431.00M | $-629.00M | $-574.00M | $-681.00M | $-647.00M | $-661.00M | $-605.00M | $323.00M | $-325.00M | $-96.00M | $-59.00M | $-99.00M | $-72.00M | $-212.00M | $-261.00M |
| Income Before Tax | $-434.00M | $-356.00M | $-178.00M | $-10.04B | $-819.00M | $-613.00M | $-532.00M | $-1.48B | $-1.24B | $-2.54B | $-2.85B | $-4.24B | $676.00M | $183.00M | $233.00M | $720.00M | $297.00M | $416.00M | $319.00M | $456.00M |
| Income Before Tax Ratio | -4.83% | -3.55% | -1.85% | -103.34% | -8.23% | -5.96% | -5.33% | -14.29% | -11.57% | -23.08% | -29.02% | -43.19% | 21.40% | 5.74% | 7.40% | 23.51% | 10.64% | 14.41% | 12.46% | 17.95% |
| Income Tax Expense | $15.00M | $284.00M | $-175.00M | $-7.00M | $136.00M | $-221.00M | $-125.00M | $-260.00M | $-178.00M | $-462.00M | $-566.00M | $-836.00M | $201.00M | $92.00M | $36.00M | $2.00M | $106.00M | $98.00M | $-11.00M | $156.00M |
| Net Income | $-453.00M | $-494.00M | $-3.00M | $-9.99B | $-966.00M | $-400.00M | $-417.00M | $-1.24B | $-1.06B | $-2.08B | $-2.29B | $-3.42B | $456.00M | $38.00M | $156.00M | $672.00M | $140.00M | $271.00M | $300.00M | $271.00M |
| Net Income Ratio | -5.05% | -4.93% | -0.03% | -102.83% | -9.70% | -3.89% | -4.18% | -11.97% | -9.91% | -18.89% | -23.26% | -34.78% | 14.43% | 1.19% | 4.95% | 21.95% | 5.01% | 9.39% | 11.71% | 10.67% |
| EPS | $-0.18 | $-0.20 | $0.06 | $-4.07 | $-0.40 | $-0.16 | $-0.17 | $-0.51 | $-0.44 | $-0.86 | $-0.94 | $-1.50 | $0.69 | $0.08 | $0.24 | $1.02 | $0.21 | $0.42 | $0.44 | $0.40 |
| EPS Diluted | $-0.18 | $-0.20 | $0.05 | $-4.07 | $-0.40 | $-0.16 | $-0.17 | $-0.51 | $-0.44 | $-0.86 | $-0.94 | $-1.50 | $0.69 | $0.08 | $0.24 | $1.01 | $0.21 | $0.42 | $0.44 | $0.40 |
| Weighted Average Shares Outstanding | 2.46B | 2.45B | 2.45B | 2.45B | 2.44B | 2.44B | 2.44B | 2.44B | 2.43B | 2.43B | 2.43B | 2.29B | 665.00M | 507.00M | 589.00M | 589.00M | 585.00M | 489.00M | 505.00M | 508.00M |
| Weighted Average Shares Outstanding Diluted | 2.46B | 2.45B | 2.47B | 2.45B | 2.44B | 2.44B | 2.44B | 2.44B | 2.43B | 2.43B | 2.43B | 2.29B | 665.00M | 663.00M | 663.00M | 664.00M | 667.00M | 657.00M | 672.00M | 674.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $5.31B | $3.78B | $3.73B | $3.90B | $2.09B |
| Short Term Investments | $- | $60.00M | $25.00M | $53.00M | $268.00M |
| Cash and Short Term Investments | $5.31B | $3.78B | $3.73B | $3.90B | $2.09B |
| Net Receivables | $5.93B | $7.31B | $7.61B | $2.45B | $2.54B |
| Inventory | $- | $599.00M | $- | $668.00M | $970.00M |
| Other Current Assets | $2.84B | $2.53B | $2.66B | $913.00M | $1.50B |
| Total Current Assets | $14.08B | $14.22B | $14.00B | $7.26B | $6.13B |
| Property Plant Equipment Net | $6.09B | $9.03B | $5.30B | $1.34B | $1.21B |
| Goodwill | $25.67B | $34.97B | $34.44B | $12.91B | $13.07B |
| Intangible Assets | $51.40B | $59.51B | $71.63B | $10.15B | $11.08B |
| Goodwill and Intangible Assets | $77.07B | $94.48B | $106.07B | $23.06B | $24.15B |
| Long Term Investments | $- | $1.78B | $2.01B | $543.00M | $507.00M |
| Tax Assets | $- | $697.00M | $11.01B | $1.23B | $1.53B |
| Other Non-Current Assets | $7.33B | $2.54B | $-4.40B | $998.00M | $561.00M |
| Total Non-Current Assets | $90.48B | $108.54B | $120.00B | $27.16B | $27.96B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $104.56B | $122.76B | $134.00B | $34.43B | $34.09B |
| Account Payables | $1.05B | $1.26B | $1.45B | $412.00M | $397.00M |
| Short Term Debt | $2.75B | $1.78B | $365.00M | $339.00M | $463.00M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $1.57B | $1.92B | $1.69B | $478.00M | $557.00M |
| Other Current Liabilities | $10.44B | $10.37B | $11.50B | $2.23B | $1.79B |
| Total Current Liabilities | $15.81B | $15.33B | $15.02B | $3.46B | $3.08B |
| Long Term Debt | $36.76B | $45.10B | $51.81B | $15.18B | $15.85B |
| Deferred Revenue Non-Current | $- | $- | $11.01B | $- | $- |
| Deferred Tax Liabilities Non-Current | $6.99B | $8.74B | $11.01B | $1.23B | $1.53B |
| Other Non-Current Liabilities | $10.07B | $7.12B | $7.49B | $1.16B | $1.24B |
| Total Non-Current Liabilities | $53.81B | $60.95B | $70.32B | $17.57B | $18.62B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $69.62B | $76.28B | $85.33B | $21.03B | $21.70B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $27.00M | $27.00M | $27.00M | $7.00M | $7.00M |
| Retained Earnings | $-12.24B | $-928.00M | $2.21B | $9.58B | $8.54B |
| Accumulated Other Comprehensive Income Loss | $-1.07B | $-741.00M | $-1.52B | $-830.00M | $-651.00M |
| Other Total Stockholders Equity | $47.32B | $46.87B | $46.39B | $2.84B | $2.56B |
| Total Stockholders Equity | $34.04B | $45.23B | $47.09B | $11.60B | $10.46B |
| Total Equity | $34.94B | $46.47B | $48.67B | $13.40B | $12.38B |
| Total Liabilities and Stockholders Equity | $104.56B | $122.76B | $134.00B | $34.43B | $34.09B |
| Minority Interest | $901.00M | $1.25B | $1.57B | $1.80B | $1.92B |
| Total Liabilities and Total Equity | $104.56B | $122.76B | $134.00B | $34.43B | $34.09B |
| Total Investments | $- | $1.84B | $2.04B | $543.00M | $507.00M |
| Total Debt | $39.51B | $47.28B | $49.00B | $14.76B | $15.40B |
| Net Debt | $34.19B | $42.97B | $45.27B | $10.85B | $13.31B |
Balance Sheet Charts
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.87B | $5.31B | $3.34B | $3.62B | $3.39B | $4.32B | $2.38B | $3.03B | $2.59B | $3.73B | $2.42B | $2.58B | $4.16B | $3.90B | $3.12B | $2.83B | $2.01B | $2.09B | $1.89B | $1.68B |
| Short Term Investments | $- | $- | $- | $36.00M | $62.00M | $60.00M | $23.00M | $14.00M | $12.00M | $25.00M | $14.00M | $14.00M | $27.00M | $53.00M | $1.00M | $1.00M | $185.00M | $32.00M | $263.00M | $11.00M |
| Cash and Short Term Investments | $3.87B | $5.31B | $3.34B | $3.65B | $3.45B | $4.38B | $2.38B | $3.03B | $2.59B | $3.73B | $2.42B | $2.58B | $4.16B | $3.90B | $3.12B | $2.83B | $2.01B | $2.09B | $1.89B | $1.68B |
| Net Receivables | $4.66B | $5.93B | $5.53B | $6.17B | $6.30B | $4.53B | $6.31B | $6.77B | $6.83B | $7.61B | $6.68B | $7.05B | $2.43B | $2.45B | $2.46B | $2.66B | $2.48B | $2.54B | $2.44B | $2.47B |
| Inventory | $- | $- | $- | $-3.49B | $-32.00M | $-7.00M | $-66.00M | $-55.00M | $-13.00M | $- | $149.00M | $139.00M | $442.00M | $668.00M | $824.00M | $584.00M | $659.00M | $970.00M | $752.00M | $448.00M |
| Other Current Assets | $4.25B | $2.84B | $3.63B | $3.65B | $4.15B | $5.88B | $4.14B | $3.98B | $4.30B | $2.66B | $3.58B | $5.83B | $585.00M | $913.00M | $1.08B | $1.24B | $1.38B | $1.50B | $1.14B | $561.00M |
| Total Current Assets | $12.78B | $14.08B | $12.51B | $13.43B | $13.90B | $14.22B | $12.83B | $13.77B | $13.73B | $14.00B | $12.67B | $15.45B | $7.17B | $7.26B | $6.66B | $6.73B | $5.87B | $6.13B | $5.48B | $4.72B |
| Property Plant Equipment Net | $6.21B | $6.09B | $6.16B | $6.04B | $5.94B | $9.03B | $5.81B | $5.47B | $5.33B | $5.30B | $5.14B | $5.60B | $1.33B | $1.34B | $1.31B | $1.24B | $1.19B | $1.21B | $1.12B | $1.09B |
| Goodwill | $25.75B | $25.67B | $25.87B | $25.74B | $34.89B | $34.97B | $34.73B | $34.91B | $34.66B | $34.44B | $34.45B | $34.27B | $12.87B | $12.91B | $12.96B | $13.01B | $12.97B | $13.07B | $13.05B | $12.99B |
| Intangible Assets | $49.85B | $51.40B | $33.77B | $55.17B | $57.09B | $59.51B | $62.33B | $65.98B | $68.71B | $71.63B | $75.03B | $78.84B | $9.74B | $10.15B | $10.47B | $10.68B | $10.79B | $11.08B | $11.14B | $11.63B |
| Goodwill and Intangible Assets | $75.60B | $77.07B | $59.64B | $80.91B | $91.98B | $94.48B | $97.06B | $100.89B | $103.37B | $106.07B | $109.48B | $113.12B | $22.61B | $23.06B | $23.43B | $23.69B | $23.77B | $24.15B | $24.19B | $24.62B |
| Long Term Investments | $- | $- | $- | $1.61B | $1.75B | $1.78B | $-9.10B | $-9.72B | $1.93B | $2.01B | $2.29B | $1.85B | $-1.11B | $543.00M | $-1.25B | $-1.45B | $-1.47B | $507.00M | $536.00M | $530.00M |
| Tax Assets | $- | $- | $7.34B | $7.81B | $8.30B | $697.00M | $9.10B | $9.72B | $10.21B | $689.00M | $12.32B | $-1.85B | $1.11B | $755.00M | $1.25B | $1.45B | $1.47B | $- | $1.50B | $1.46B |
| Other Non-Current Assets | $7.09B | $7.33B | $20.70B | $-1.77B | $-2.05B | $2.54B | $8.05B | $8.48B | $-3.98B | $5.93B | $-5.85B | $8.08B | $2.69B | $1.47B | $2.92B | $2.91B | $2.81B | $2.10B | $602.00M | $673.00M |
| Total Non-Current Assets | $88.90B | $90.48B | $93.83B | $94.60B | $105.92B | $108.54B | $110.92B | $114.84B | $116.86B | $120.00B | $123.38B | $126.79B | $26.63B | $27.16B | $27.66B | $27.84B | $27.76B | $27.96B | $27.96B | $28.37B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $101.68B | $104.56B | $106.33B | $108.03B | $119.82B | $122.76B | $123.75B | $128.62B | $130.58B | $134.00B | $136.05B | $142.24B | $33.80B | $34.43B | $34.32B | $34.57B | $33.62B | $34.09B | $33.44B | $33.09B |
| Account Payables | $1.01B | $1.05B | $1.12B | $1.15B | $1.25B | $1.26B | $1.33B | $1.69B | $1.12B | $1.45B | $1.53B | $1.40B | $521.00M | $412.00M | $2.31B | $2.00B | $2.08B | $397.00M | $403.00M | $367.00M |
| Short Term Debt | $2.78B | $2.75B | $3.04B | $3.67B | $3.43B | $1.78B | $1.30B | $3.00B | $3.50B | $365.00M | $1.68B | $1.51B | $794.00M | $339.00M | $349.00M | $585.00M | $351.00M | $463.00M | $336.00M | $339.00M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $1.60B | $1.57B | $1.53B | $2.02B | $1.99B | $1.92B | $1.92B | $1.55B | $1.60B | $1.69B | $1.69B | $1.66B | $281.00M | $478.00M | $625.00M | $806.00M | $663.00M | $557.00M | $435.00M | $263.00M |
| Other Current Liabilities | $9.90B | $10.44B | $10.00B | $10.93B | $10.29B | $10.37B | $10.04B | $10.67B | $10.16B | $11.50B | $10.20B | $9.87B | $1.97B | $2.23B | $55.00M | $169.00M | $53.00M | $1.79B | $1.58B | $1.61B |
| Total Current Liabilities | $15.29B | $15.81B | $15.70B | $17.77B | $16.96B | $15.33B | $14.59B | $16.91B | $16.38B | $15.02B | $14.68B | $14.44B | $3.56B | $3.46B | $3.33B | $3.56B | $3.14B | $3.08B | $2.76B | $2.58B |
| Long Term Debt | $34.65B | $36.76B | $37.17B | $37.29B | $39.15B | $45.10B | $43.50B | $44.28B | $45.43B | $51.81B | $51.80B | $54.27B | $13.61B | $15.18B | $14.44B | $14.46B | $14.68B | $15.85B | $14.98B | $14.94B |
| Deferred Revenue Non-Current | $- | $- | $- | $2.24B | $2.21B | $2.08B | $721.00M | $393.00M | $- | $11.01B | $296.00M | $- | $- | $1.23B | $- | $- | $- | $1.53B | $- | $- |
| Deferred Tax Liabilities Non-Current | $6.71B | $6.99B | $- | $7.81B | $8.30B | $8.74B | $9.10B | $9.72B | $10.21B | $11.01B | $12.32B | $13.67B | $1.11B | $1.23B | $1.25B | $1.45B | $1.47B | $1.53B | $1.50B | $1.46B |
| Other Non-Current Liabilities | $9.86B | $10.07B | $17.30B | $9.75B | $7.91B | $7.12B | $10.42B | $10.93B | $10.72B | $7.49B | $7.17B | $6.92B | $1.96B | $1.16B | $1.90B | $1.79B | $1.76B | $1.24B | $2.16B | $2.31B |
| Total Non-Current Liabilities | $51.22B | $53.81B | $54.46B | $54.85B | $57.57B | $60.95B | $63.02B | $64.93B | $66.36B | $70.32B | $71.29B | $74.86B | $16.68B | $17.57B | $17.59B | $17.70B | $17.91B | $18.62B | $18.64B | $18.71B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $66.51B | $69.62B | $70.16B | $72.61B | $74.53B | $76.28B | $77.61B | $81.83B | $82.74B | $85.33B | $85.97B | $89.29B | $20.24B | $21.03B | $20.92B | $21.26B | $21.05B | $21.70B | $21.40B | $21.29B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $27.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M | $7.00M |
| Retained Earnings | $-12.69B | $-12.24B | $-11.74B | $-11.88B | $-1.89B | $-928.00M | $-526.00M | $-105.00M | $1.13B | $2.21B | $4.31B | $6.61B | $10.03B | $9.58B | $9.52B | $9.36B | $8.68B | $8.54B | $8.28B | $7.98B |
| Accumulated Other Comprehensive Income Loss | $-840.00M | $-1.07B | $-401.00M | $-890.00M | $-913.00M | $-741.00M | $-1.43B | $-1.04B | $-1.10B | $-1.52B | $-2.12B | $-1.45B | $-947.00M | $-830.00M | $-717.00M | $-585.00M | $-581.00M | $-651.00M | $-898.00M | $-1.02B |
| Other Total Stockholders Equity | $47.34B | $47.32B | $47.22B | $47.09B | $46.93B | $46.87B | $46.70B | $46.57B | $46.44B | $46.39B | $46.30B | $46.20B | $2.88B | $2.84B | $2.80B | $2.76B | $2.71B | $2.56B | $2.70B | $2.90B |
| Total Stockholders Equity | $33.84B | $34.04B | $35.10B | $34.34B | $44.15B | $45.23B | $44.77B | $45.45B | $46.50B | $47.09B | $48.52B | $51.38B | $11.97B | $11.60B | $11.61B | $11.54B | $10.81B | $10.46B | $10.09B | $9.87B |
| Total Equity | $35.17B | $34.94B | $36.17B | $35.41B | $45.29B | $46.47B | $46.14B | $46.78B | $47.84B | $48.67B | $50.08B | $52.95B | $13.56B | $13.40B | $13.40B | $13.31B | $12.57B | $12.38B | $12.04B | $11.80B |
| Total Liabilities and Stockholders Equity | $101.68B | $104.56B | $106.33B | $108.03B | $119.82B | $122.76B | $123.75B | $128.62B | $130.58B | $134.00B | $136.05B | $142.24B | $33.80B | $34.43B | $34.32B | $34.57B | $33.62B | $34.09B | $33.44B | $33.09B |
| Minority Interest | $1.33B | $901.00M | $1.07B | $1.07B | $1.14B | $1.25B | $1.37B | $1.33B | $1.35B | $1.57B | $1.56B | $1.56B | $1.59B | $1.80B | $1.79B | $1.77B | $1.76B | $1.92B | $1.95B | $1.93B |
| Total Liabilities and Total Equity | $101.68B | $104.56B | $106.33B | $108.03B | $119.82B | $122.76B | $123.75B | $128.62B | $130.58B | $134.00B | $136.05B | $142.24B | $33.80B | $34.43B | $34.32B | $34.57B | $33.62B | $34.09B | $33.44B | $33.09B |
| Total Investments | $- | $- | $- | $1.65B | $1.81B | $1.84B | $-9.10B | $-9.72B | $1.94B | $2.04B | $2.30B | $1.86B | $-1.11B | $543.00M | $-1.25B | $-1.45B | $-1.47B | $507.00M | $536.00M | $530.00M |
| Total Debt | $37.43B | $39.51B | $40.21B | $40.96B | $42.58B | $47.28B | $44.80B | $47.28B | $48.93B | $49.00B | $49.87B | $52.48B | $14.40B | $14.76B | $14.79B | $15.05B | $15.03B | $15.40B | $15.32B | $15.28B |
| Net Debt | $33.56B | $34.19B | $36.87B | $37.34B | $39.19B | $42.97B | $42.42B | $44.25B | $46.34B | $45.27B | $47.45B | $49.91B | $10.24B | $10.85B | $11.67B | $12.21B | $13.02B | $13.31B | $13.42B | $13.60B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-11.48B | $-3.13B | $-7.30B | $1.20B | $1.35B |
| Depreciation and Amortization | $20.98B | $24.01B | $21.35B | $5.08B | $4.32B |
| Deferred Income Tax | $-1.73B | $-2.34B | $-2.84B | $-511.00M | $-186.00M |
| Stock Based Compensation | $557.00M | $500.00M | $412.00M | $178.00M | $110.00M |
| Change in Working Capital | $-12.13B | $-11.99B | $-10.98B | $-3.24B | $-3.10B |
| Accounts Receivables | $1.01B | $312.00M | $181.00M | $47.00M | $105.00M |
| Inventory | $- | $- | $-181.00M | $-47.00M | $-105.00M |
| Accounts Payables | $-529.00M | $-820.00M | $1.53B | $185.00M | $-131.00M |
| Other Working Capital | $-12.61B | $-11.48B | $-12.51B | $-3.42B | $-2.97B |
| Other Non Cash Items | $9.18B | $427.00M | $3.66B | $88.00M | $244.00M |
| Net Cash Provided by Operating Activities | $5.38B | $7.48B | $4.30B | $2.80B | $2.74B |
| Investments in Property Plant and Equipment | $-948.00M | $-1.32B | $-987.00M | $-373.00M | $-402.00M |
| Acquisitions Net | $-109.00M | $-50.00M | $3.44B | $-2.00M | $-151.00M |
| Purchases of Investments | $- | $- | $-168.00M | $-373.00M | $-250.00M |
| Sales Maturities of Investments | $677.00M | $121.00M | $1.06B | $599.00M | $-34.00M |
| Other Investing Activities | $-78.00M | $-14.00M | $177.00M | $93.00M | $134.00M |
| Net Cash Used for Investing Activities | $-349.00M | $-1.26B | $3.52B | $-56.00M | $-703.00M |
| Debt Repayment | $-3.43B | $-5.37B | $-7.32B | $-574.00M | $-214.00M |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $-969.00M |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-323.00M | $-466.00M | $-425.00M | $-279.00M | $-366.00M |
| Net Cash Used Provided by Financing Activities | $-3.75B | $-5.84B | $-7.74B | $-853.00M | $-1.55B |
| Effect of Forex Changes on Cash | $-180.00M | $8.00M | $-61.00M | $-106.00M | $83.00M |
| Net Change in Cash | $1.10B | $389.00M | $25.00M | $1.78B | $570.00M |
| Cash at End of Period | $5.42B | $4.32B | $3.93B | $3.90B | $2.12B |
| Cash at Beginning of Period | $4.32B | $3.93B | $3.90B | $2.12B | $1.55B |
| Operating Cash Flow | $5.38B | $7.48B | $4.30B | $2.80B | $2.74B |
| Capital Expenditure | $-948.00M | $-1.32B | $-987.00M | $-373.00M | $-402.00M |
| Free Cash Flow | $4.43B | $6.16B | $3.32B | $2.42B | $2.34B |
Cash Flow Charts
| Breakdown | March 31, 2025 | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-449.00M | $10.81B | $-11.34B | $-9.99B | $-966.00M | $-400.00M | $-407.00M | $-1.22B | $-1.06B | $-2.08B | $-2.29B | $-3.41B | $475.00M | $91.00M | $197.00M | $718.00M | $191.00M | $318.00M | $330.00M | $300.00M |
| Depreciation and Amortization | $4.69B | $1.71B | $8.60B | $1.74B | $1.89B | $2.02B | $5.17B | $6.55B | $6.78B | $6.30B | $5.67B | $7.88B | $1.50B | $1.30B | $1.56B | $1.11B | $1.10B | $1.20B | $1.10B | $985.00M |
| Deferred Income Tax | $-312.00M | $381.00M | $-1.22B | $-490.00M | $-399.00M | $-273.00M | $-645.00M | $-757.00M | $-669.00M | $-737.00M | $-1.19B | $-797.00M | $-118.00M | $-9.00M | $-260.00M | $-134.00M | $-108.00M | $12.00M | $-10.00M | $-113.00M |
| Stock Based Compensation | $123.00M | $138.00M | $159.00M | $159.00M | $101.00M | $109.00M | $143.00M | $137.00M | $111.00M | $95.00M | $107.00M | $150.00M | $60.00M | $44.00M | $39.00M | $31.00M | $64.00M | $48.00M | $32.00M | $34.00M |
| Change in Working Capital | $-3.61B | $-1.48B | $1.94B | $-2.80B | $-3.90B | $-1.48B | $-1.84B | $-2.73B | $-5.93B | $-2.45B | $-3.81B | $-3.59B | $-1.13B | $-807.00M | $-707.00M | $-754.00M | $-969.00M | $-1.02B | $-618.00M | $-371.00M |
| Accounts Receivables | $288.00M | $495.00M | $- | $113.00M | $-304.00M | $345.00M | $400.00M | $53.00M | $-486.00M | $320.00M | $305.00M | $-439.00M | $-5.00M | $3.00M | $185.00M | $-182.00M | $41.00M | $-51.00M | $34.00M | $86.00M |
| Inventory | $- | $- | $- | $- | $- | $-33.00M | $-400.00M | $-53.00M | $486.00M | $-320.00M | $-305.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $-1.03B | $1.03B | $-1.43B | $621.00M | $-753.00M | $425.00M | $-386.00M | $793.00M | $-1.65B | $1.71B | $-190.00M | $132.00M | $-124.00M | $61.00M | $83.00M | $151.00M | $-110.00M | $35.00M | $8.00M | $28.00M |
| Other Working Capital | $-2.87B | $3.23B | $3.37B | $-3.53B | $-2.84B | $-2.25B | $-1.46B | $-3.53B | $-4.28B | $-4.16B | $-3.62B | $-3.29B | $-1.01B | $-868.00M | $-790.00M | $-905.00M | $-859.00M | $-1.06B | $-626.00M | $-399.00M |
| Other Non Cash Items | $- | $-15.08B | $3.31B | $12.60B | $8.79B | $3.60B | $94.00M | $36.00M | $136.00M | $1.71B | $1.63B | $816.00M | $-460.00M | $260.00M | $-18.00M | $-141.00M | $-13.00M | $-22.00M | $22.00M | $156.00M |
| Net Cash Provided by Operating Activities | $553.00M | $2.71B | $1.45B | $1.23B | $585.00M | $3.58B | $2.52B | $2.01B | $-631.00M | $2.85B | $124.00M | $1.01B | $323.00M | $884.00M | $811.00M | $834.00M | $269.00M | $553.00M | $860.00M | $991.00M |
| Investments in Property Plant and Equipment | $-251.00M | $-286.00M | $-477.00M | $-252.00M | $-195.00M | $-268.00M | $-457.00M | $-292.00M | $-299.00M | $-364.00M | $-316.00M | $-222.00M | $-85.00M | $-100.00M | $-106.00M | $-77.00M | $-90.00M | $-112.00M | $-73.00M | $-112.00M |
| Acquisitions Net | $-14.00M | $-5.00M | $-36.00M | $-15.00M | $-53.00M | $-50.00M | $-46.00M | $-32.00M | $-13.00M | $-28.00M | $1.16B | $2.42B | $- | $135.00M | $-32.00M | $-50.00M | $-55.00M | $-51.00M | $-84.00M | $26.00M |
| Purchases of Investments | $- | $-5.00M | $168.00M | $-15.00M | $-53.00M | $-21.00M | $-46.00M | $32.00M | $-13.00M | $42.00M | $-28.00M | $-67.00M | $-42.00M | $-168.00M | $-205.00M | $-50.00M | $-55.00M | $-250.00M | $- | $- |
| Sales Maturities of Investments | $11.00M | $353.00M | $- | $324.00M | $- | $121.00M | $15.00M | $3.00M | $20.00M | $174.00M | $25.00M | $220.00M | $639.00M | $101.00M | $150.00M | $74.00M | $274.00M | $-34.00M | $- | $- |
| Other Investing Activities | $59.00M | $-56.00M | $-513.00M | $28.00M | $41.00M | $-16.00M | $76.00M | $-21.00M | $48.00M | $-42.00M | $19.00M | $1.00M | $17.00M | $6.00M | $-33.00M | $93.00M | $27.00M | $294.00M | $-239.00M | $2.00M |
| Net Cash Used for Investing Activities | $-195.00M | $6.00M | $-858.00M | $70.00M | $-207.00M | $-234.00M | $-458.00M | $-310.00M | $-257.00M | $-218.00M | $862.00M | $2.35B | $529.00M | $-26.00M | $-226.00M | $40.00M | $156.00M | $-153.00M | $-396.00M | $-84.00M |
| Debt Repayment | $-2.17B | $-493.00M | $-847.00M | $-1.04B | $-1.05B | $-1.19B | $-2.42B | $-1.66B | $-107.00M | $-990.00M | $-2.50B | $-3.50B | $-327.00M | $- | $-235.00M | $- | $-339.00M | $-500.00M | $-29.00M | $-685.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-228.00M | $-214.00M | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $270.00M | $-107.00M | $-28.00M | $2.00M | $-190.00M | $-336.00M | $-210.00M | $405.00M | $-325.00M | $-282.00M | $187.00M | $-70.00M | $-260.00M | $-42.00M | $-38.00M | $-69.00M | $-130.00M | $451.00M | $-31.00M | $-54.00M |
| Net Cash Used Provided by Financing Activities | $-1.90B | $-600.00M | $-875.00M | $-1.04B | $-1.24B | $-1.53B | $-2.62B | $-1.25B | $-432.00M | $-1.27B | $-2.31B | $-3.57B | $-587.00M | $-42.00M | $-273.00M | $-69.00M | $-469.00M | $-277.00M | $-274.00M | $-739.00M |
| Effect of Forex Changes on Cash | $95.00M | $-195.00M | $119.00M | $-30.00M | $-74.00M | $74.00M | $-80.00M | $-15.00M | $29.00M | $61.00M | $-56.00M | $-61.00M | $-5.00M | $-37.00M | $-20.00M | $21.00M | $-70.00M | $43.00M | $28.00M | $36.00M |
| Net Change in Cash | $-1.44B | $1.93B | $-127.00M | $231.00M | $-933.00M | $1.89B | $-647.00M | $438.00M | $-1.29B | $1.42B | $-1.38B | $-269.00M | $260.00M | $779.00M | $292.00M | $826.00M | $-114.00M | $166.00M | $218.00M | $204.00M |
| Cash at End of Period | $3.97B | $5.42B | $3.49B | $3.62B | $3.39B | $4.32B | $2.43B | $3.08B | $2.64B | $3.93B | $2.51B | $3.90B | $4.17B | $3.90B | $3.13B | $2.83B | $2.01B | $2.12B | $1.96B | $1.74B |
| Cash at Beginning of Period | $5.42B | $3.49B | $3.62B | $3.39B | $4.32B | $2.43B | $3.08B | $2.64B | $3.93B | $2.51B | $3.90B | $4.17B | $3.90B | $3.13B | $2.83B | $2.01B | $2.12B | $1.96B | $1.74B | $1.53B |
| Operating Cash Flow | $553.00M | $2.71B | $1.45B | $1.23B | $585.00M | $3.58B | $2.52B | $2.01B | $-631.00M | $2.85B | $124.00M | $1.01B | $323.00M | $884.00M | $811.00M | $834.00M | $269.00M | $553.00M | $860.00M | $991.00M |
| Capital Expenditure | $-251.00M | $-286.00M | $-477.00M | $-252.00M | $-195.00M | $-268.00M | $-457.00M | $-292.00M | $-299.00M | $-364.00M | $-316.00M | $-222.00M | $-85.00M | $-100.00M | $-106.00M | $-77.00M | $-90.00M | $-112.00M | $-73.00M | $-112.00M |
| Free Cash Flow | $302.00M | $2.43B | $976.00M | $976.00M | $390.00M | $3.31B | $2.06B | $1.72B | $-930.00M | $2.48B | $-192.00M | $789.00M | $238.00M | $784.00M | $705.00M | $757.00M | $179.00M | $441.00M | $787.00M | $879.00M |
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
$9.01
Stock Price
$22.29B
Market Cap
35.00K
Employees
New York, NY
Location
Revenue (FY 2024)
$39.32B
-4.8% YoY
Net Income (FY 2024)
$-11.31B
-261.8% YoY
EPS (FY 2024)
$-4.62
-260.9% YoY
Free Cash Flow (FY 2024)
$4.43B
-28.1% YoY
Profitability
Gross Margin
41.6%
Net Margin
-28.8%
ROE
-33.2%
ROA
-10.8%
Valuation
P/E Ratio
-2.29
P/S Ratio
0.66
EV/EBITDA
-9.44
Market Cap
$22.29B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$5.38B
-28.1% YoY
Free Cash Flow
$4.43B
-28.1% YoY
Balance Sheet Summary
Total Assets
$104.56B
-14.8% YoY
Total Debt
$39.51B
16.5% YoY
Shareholder Equity
$34.04B
-25.2% YoY
Dividend Overview
No Dividend Data
Warner Bros. Discovery, Inc. doesn't currently pay dividends.
Warner Bros. Discovery Dividends
Explore Warner Bros. Discovery's dividend history, including dividend yield, payout ratio, and historical payments.
Warner Bros. Discovery News
Read the latest news about Warner Bros. Discovery, including recent articles, headlines, and updates.
Warner Bros. Discovery, Inc. (WBD) MofafettNathanson 2025 Media, Internet & Communications Conference (Transcript)
Warner Bros. Discovery, Inc. (NASDAQ:WBD ) MofafettNathanson 2025 Media, Internet & Communications Conference May 15, 2024 3:10 PM ET Company Participants Gunnar Wiedenfels - Chief Financial Officer Conference Call Participants Robert Fishman - MoffettNathanson Robert Fishman So thank you.
Warner Bros Discovery to rebrand Max as HBO Max, reversing controversial move
Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) said on Wednesday it will reintroduce the “HBO” brand to its flagship streaming service, renaming Max to HBO Max this summer, in a reversal of a much-criticized rebrand that had left both consumers and industry observers puzzled. The announcement came during the company's annual Upfront presentation in New York, where executives highlighted the strength of WBD's streaming turnaround, citing $3 billion in improved profitability over two years and 22 million new subscribers in the past year.
Video podcasts are having a moment at media upfronts
Media companies are highlighting podcasts in their conversations with advertisers, including their annual pitches at Upfront presentations. While the main avenue for video podcasts is YouTube, the free, ad supported streamers are also bulking up on the content, providing more opportunities for advertisers to get in the mix.
Trump's trade war is giving renewed importance to advertising Upfronts
Media giants' annual pitch to advertisers kicks off in the Upfronts this week, and discussions are clouded by economic uncertainty. Media ad chiefs say chief marketing officers across industries are making contingency plans in light of the trade war.
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels to Present at the MoffettNathanson 2025 Media, Internet and Communications Conference
NEW YORK , May 9, 2025 /PRNewswire/ -- Warner Bros. Discovery, Inc. (Nasdaq: WBD) today announced that its Chief Financial Officer Gunnar Wiedenfels will present at MoffettNathanson's 2025 Media, Internet and Communications Conference on Thursday, May 15, 2025 at 3:10 p.m.
Warner Bros Discovery shares rise on report of potential company split
Shares of Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) rose nearly 5% on Wednesday after CNBC reported the media conglomerate is considering a split that would separate its legacy cable networks from its film studio and streaming businesses. The proposed move, which has not been formally announced, would see the company spin off its linear cable and news assets into a separate entity while keeping its film studios, including DC, and streaming platform Max, according to CNBC's David Faber, citing people familiar with the matter.
CEO David Zaslav Says Warner Bros. Discovery Can Move Quickly If It Wants To Restructure
WBD chief executive David Zaslav said an internal reorganization into two operating divisions, Global Linear Networks and Studios & Streaming, means “we can move quickly if we decide to change and make a determination on restructuring.
Warner Bros. Discovery, Inc. (WBD) Q1 2025 Earnings Call Transcript
Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 PM ET Company Participants Andrew Slabin - EVP, Global Investor Strategy David Zaslav - President, CEO Gunnar Wiedenfels - CFO JB Perrette - CEO & President, Global Streaming and Games Conference Call Participants Steven Cahall - Wells Fargo Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank David Karnovsky - JPMorgan Rich Greenfield - LightShed Jessica Reif Ehrlich - Bank of America Securities Robert Fishman - MoffettNathanson Ric Prentiss - Raymond James Operator Ladies and gentlemen, welcome to the Warner Bros.
Warner Bros Discovery slides as weaker linear TV and movie slate overshadow streaming growth
Shares in Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) fell by around 2% in Thursday's trade after the media conglomerate reported a 10% drop in first-quarter revenue, to $8.98 billion. The parent company of media brands including Max, HBO, WB, Discovery, TNT, DC Comics, and CNN made a net loss of $453 million over the three month period.
Warner Bros. Discovery Grows Streaming Subs, Profit In Q1, Studio Revenue Takes A Hit
Warner Bros. Discovery had a mixed first quarter with beats on streaming subs and profit, a drop in revenue from the film studio, which turned around in Q2. Domestic linear advertising dipped. The company ended March with 122.3 million streaming subscribers,, an increase of 5.3 million subscribers vs Q4.
Warner Bros Discovery misses revenue estimates on box office weakness
Warner Bros Discovery missed first-quarter revenue estimates on Thursday, weighed down by a lack of big box office hits from its studio and weakness in its traditional TV business as consumers continued to abandon cable for streaming.
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