Warner Bros. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It also produces, develops, and distributes feature films, television, gaming, and other content in various physical and digital formats through basic networks, direct-to-consumer or theatrical, TV content, and games licensing. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, Magnolia Network, Cooking Channel, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, natural history, exploration, sports, general entertainment, home, food, travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing agreements, and direct-to-consumer subscriptions, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. Warner Bros. Discovery, Inc.is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: https://corporate.discovery.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | Underperform → Peer Perform | Wolfe Research | |
| 8/13/2024 | $10.00 → $8.00 | Outperform → Mkt Perform | Bernstein |
| 7/25/2024 | $9.00 | Outperform → Neutral | Macquarie |
| 7/16/2024 | $12.00 → $10.00 | Outperform | Evercore ISI |
| 6/25/2024 | $8.50 | Neutral | Goldman |
| 5/10/2024 | $11.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 4/23/2024 | $7.00 | Peer Perform → Underperform | Wolfe Research |
| 3/21/2024 | $7.00 → $10.00 | Sell → Neutral | Rosenblatt |
| 1/29/2024 | $16.00 → $12.00 | Overweight → Equal Weight | Wells Fargo |
| 1/11/2024 | $11.00 | Buy → Neutral | Redburn Atlantic |
– Mercedes-Benz's elegant midsize luxury car has outdone its competitors to secure MotorTrend's Golden Calipers for the second time in five years – LOS ANGELES, Nov. 20, 2024 /PRNewswire/ -- MotorTrend Group, a Warner Bros. Discovery company, announced today the Mercedes-Benz E-Class as its 2025 Car of the Year award winner. The new E-Class, available as both a sedan and wagon-crossover, claimed the top spot amongst competitors for its elegant, refreshed design, excellent performance, and technology. Both the E350 and E450 models feature significant advancements in exterior an
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended September 30, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 8:00 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until November 14, 2024.
Solution utilizes Google Cloud's Vertex AI to dramatically improve captioning efficiency, cutting production time and costs NEW YORK and SUNNYVALE, Calif., Sept. 24, 2024 /PRNewswire/ -- Warner Bros. Discovery and Google Cloud today announced the deployment of a new, AI-powered captioning solution (referred to internally as "caption AI") in the United States that utilizes Google Cloud's Vertex AI platform. Initially being applied to unscripted programming, this captioning solution's innovative technology is transforming the way Warner Bros. Discovery can create and deliver captions, significantly reducing production time and costs, while enhancing the quality of its captioning for domestic
Partnership Between Two of the Largest Media and Distribution Companies Combines Linear Video and Direct-to-Consumer Streaming Services for Maximum Customer Value NEW YORK and STAMFORD, Conn., Sept. 12, 2024 /PRNewswire/ -- Warner Bros. Discovery Inc. (NASDAQ:WBD) and Charter Communications, Inc. (NASDAQ:CHTR) today announced a groundbreaking, multi-year distribution partnership that re-imagines the future of video by fully integrating linear video and streaming services. With this early renewal, the agreement further evolves the video ecosystem with more value and flexibility in video bundles, deeper libraries and more choice to better align with customers' current viewing preferences.
NEW YORK, Sept. 5, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its third-quarter 2024 results on Thursday, November 7, 2024 before the market opens. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/ starting at approximately 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. A telephone replay of the call will be available approximately two hours after the completion of the call until November 14, 2024. The replay can be accessed vi
NEW YORK, Aug. 21, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (NASDAQ:WBD) today announced that its President and CEO David Zaslav and its Chief Financial Officer Gunnar Wiedenfels will each present at media industry conferences during the month of September. Gunnar Wiedenfels will present at the Bank of America Securities 2024 Media, Communications and Entertainment Conference on Wednesday, September 4, 2024 at 3:35 p.m. ET. David Zaslav will present at the Goldman Sachs Communacopia + Technology Conference on Thursday, September 12, 2024 at 1:10 p.m. ET. Links to the live webcasts of each presentation will be available in the "Investor Relations" section of Warner Bros. Discovery's
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended June 30, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 4:30 p.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until August 15, 2024. The rep
ISTANBUL, July 23, 2024 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), a leading Turkish e-commerce platform, has announced the partnership with Warner Bros. Discovery, extending the offering of a BluTV subscription, a Türkiye-based subscription video-on-demand service, as a privilege for Hepsiburada Premium members. BluTV, which was fully acquired by Warner Bros. Discovery in December 2023, features an ever-expanding collection of compelling Turkish content and a broad range of the best international series and shows from Warner Bros. Discovery.
NEW YORK, July 16, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its second-quarter 2024 results on Wednesday, August 7, 2024, after the market closes. The Company will host a conference call at 4:30 p.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until August 15, 2024. The replay can be accessed via phone by dialing +1 800-839-5635 or +1
NEW YORK, June 18, 2024 /PRNewswire/ -- Warner Bros. Discovery (NASDAQ:WBD) today announced that Robert Gibbs has been appointed Chief Communications and Public Affairs Officer. In this newly created role, he will oversee WBD's corporate and business communications as well as public affairs. An experienced and proven communications and public policy leader, Gibbs will officially assume the role on August 5 and report to David Zaslav, Chief Executive Officer. "At this transformative time in our industry, Robert is the right leader to assume this new, critical global role, as we continue to grow the Warner Bros. Discovery brand and presence around the world," said Zaslav. "Robert is an insigh
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NEW YORK, June 18, 2024 /PRNewswire/ -- Warner Bros. Discovery (NASDAQ:WBD) today announced that Robert Gibbs has been appointed Chief Communications and Public Affairs Officer. In this newly created role, he will oversee WBD's corporate and business communications as well as public affairs. An experienced and proven communications and public policy leader, Gibbs will officially assume the role on August 5 and report to David Zaslav, Chief Executive Officer. "At this transformative time in our industry, Robert is the right leader to assume this new, critical global role, as we continue to grow the Warner Bros. Discovery brand and presence around the world," said Zaslav. "Robert is an insigh
PARIS, May 29, 2024 /PRNewswire/ -- Soudah Development and Warner Bros. Discovery International (WBD) signed a one-year partnership agreement to promote and celebrate the distinctive nature, culture, and heritage of Soudah and parts of Rijal Almaa, a region situated in southwest Saudi Arabia. This collaboration will focus on raising awareness of Soudah Peaks – an upcoming luxury mountain tourism destination set 3,015 meters above sea level, on the highest peak in Saudi Arabia – and showcase its unparalleled beauty and diversity to a global audience. The partnership agreement e
Warner Bros. Discovery (NASDAQ:WBD) today announced the participants for the third iteration of its WBD Access x Canadian Academy Writers Program. The program, in partnership with the Academy of Canadian Cinema & Television (the Canadian Academy), will support 10 experienced Canadian writers from underrepresented communities seeking to advance their careers in episodic television. The Program will provide participants with the ability to develop a specific project, as well as mentorship and community-building opportunities, and access to invaluable industry knowledge from television executives and creators. 2023 WBD Access x Canadian Academy Writers Program Participants: Trey Anthony (
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday. Shares of Ford Motor Company (NYSE:F) fell sharply in today's pre-market trading following a second-quarter earnings miss. Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents. Ford Motor shares dipped 13% to $11.90 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Edwards Lifescience
Walt Disney Co’s (NYSE:DIS) ESPN, Comcast Corp (NASDAQ:CMCSA) owned NBCUniversal, and Amazon.com Inc (NASDAQ:AMZN) have secured an 11-year deal valued at $77 billion to broadcast National Basketball Association games (NBA), the league announced on Wednesday. The NBA rejected a last-minute offer from Warner Bros Discovery’s TNT Sports, ending a four-decade relationship with the media company after next season, Reuters reports. Warner Bros Discovery stock is down Thursday premarket. The new deal is a setback for Warner’s sports division, exacerbating investor concerns about its role in the new sports-streaming partnership with Disney and Fox Corp (NASDAQ:FOX) (NASDAQ:FOXA). Under the
Macquarie analyst Tim Nollen downgrades Warner Bros. Discovery (NASDAQ:WBD) from Outperform to Neutral and announces $9 price target.
Warner Bros. Discovery Inc‘s (NASDAQ:WBD) Warner Bros. Games has announced the acquisition of Player First Games, the studio behind the hit brawler MultiVersus. As reported by IGN, co-founders Tony Huynh and Chris White will continue to lead Player First Games. See Also: Warner Bros. Subsidiary Postpones Suicide Squad: Kill The Justice League Season 2 At Last Minute Huynh stated: “Our team is excited to join the Warner Bros. Games family, and we feel that this will be great for MultiVersus overall. We are working to make the MultiVersus game experience the best it can be, and having our development team integrated with the publisher is optimum for the players.” The acquisition
Media company Warner Bros. Discovery (NASDAQ:WBD) isn't ready to give up its highly coveted national NBA TV rights yet. The media company matched a deal signed by Amazon.com Inc (NASDAQ:AMZN), setting up a potential battle. What Happened: The National Basketball Association announced The Walt Disney Company (NYSE:DIS), Comcast Corporation (NASDAQ:CMCSA) and Amazon signed deals worth a combined $76 billion over 11 years recently. As part of an existing contract with the NBA, Warner Bros. Discovery was able to match any of the new deals that begin in the 2025-2026 season. "We have reviewed the offers and matched one of them," Warner Bros. Discovery unit TNT said in a statement. "Th
Barrington Research analyst James Goss maintains Warner Bros. Discovery (NASDAQ:WBD) with a Outperform and maintains $12 price target.
Last Thursday, Netflix Inc (NASDAQ:NFLX) reported its second quarter financials, reflecting strong growth in advertising and increase in global subscribers. While the Walt Disney Company (NYSE:DIS) and Warner Bros Discovery Inc (NASDAQ:WBD) are about to launch their streaming bundle, Netflix is staying out of any combinations with its rivals as it succeeded to remain a “go-to” streaming destination for users. Second Quarter Highlights For the second quarter ended on June 30th, Netflix reported revenue grew about 17% YoY to $9.56 billion, surpassing LSEG’s estimate of 9.53 billion, fueled by the boost in average paid memberships. During the April 1st to June 30th quarter, Netflix gained 8
Wolfe Research upgraded Warner Bros. Discovery from Underperform to Peer Perform
Bernstein downgraded Warner Bros. Discovery from Outperform to Mkt Perform and set a new price target of $8.00 from $10.00 previously
Macquarie downgraded Warner Bros. Discovery from Outperform to Neutral and set a new price target of $9.00
Evercore ISI reiterated coverage of Warner Bros. Discovery with a rating of Outperform and set a new price target of $10.00 from $12.00 previously
Goldman initiated coverage of Warner Bros. Discovery with a rating of Neutral and set a new price target of $8.50
KeyBanc Capital Markets upgraded Warner Bros. Discovery from Sector Weight to Overweight and set a new price target of $11.00
Wolfe Research downgraded Warner Bros. Discovery from Peer Perform to Underperform and set a new price target of $7.00
Rosenblatt upgraded Warner Bros. Discovery from Sell to Neutral and set a new price target of $10.00 from $7.00 previously
Wells Fargo downgraded Warner Bros. Discovery from Overweight to Equal Weight and set a new price target of $12.00 from $16.00 previously
Redburn Atlantic downgraded Warner Bros. Discovery from Buy to Neutral and set a new price target of $11.00
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended September 30, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 8:00 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until November 14, 2024.
NEW YORK, Sept. 5, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its third-quarter 2024 results on Thursday, November 7, 2024 before the market opens. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/ starting at approximately 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. A telephone replay of the call will be available approximately two hours after the completion of the call until November 14, 2024. The replay can be accessed vi
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended June 30, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 4:30 p.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until August 15, 2024. The rep
NEW YORK, July 16, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its second-quarter 2024 results on Wednesday, August 7, 2024, after the market closes. The Company will host a conference call at 4:30 p.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until August 15, 2024. The replay can be accessed via phone by dialing +1 800-839-5635 or +1
NEW YORK, May 9, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended March 31, 2024. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 8:00 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until May 17, 2024. The replay
NEW YORK, April 8, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its first-quarter 2024 results on Thursday, May 9, 2024, before the market opens. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until May 17, 2024. The replay can be accessed via phone by dialing +1 800-934-2750 or +1 402-220
NEW YORK, Feb. 23, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter and year ended December 31, 2023. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 8:00 a.m. ET (5:00 a.m. PT) to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call u
NEW YORK, Jan. 31, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its fourth-quarter and full-year 2023 results on Friday, February 23, 2024, before the market opens. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com. A telephone replay of the call will be available approximately two hours after the completion of the call until March 2, 2024. The replay can be accessed via phone by dialing +1 800-770
NEW YORK, Oct. 5, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today announced that it will report its third-quarter 2023 results on Wednesday, November 8, 2023, before the market open. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until November 16, 2023. The replay can be accessed by phone by dialing +1 800-770-2030 or +1
NEW YORK, Aug. 3, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (NASDAQ:WBD) today reported financial results for the quarter ended June 30, 2023. Please visit the "Investor Relations" section of the Company's website at https://ir.wbd.com/ to view the financial results and other earnings materials. The Company will conduct a conference call today at 8:00 a.m. ET to discuss the results. A link to the live webcast of the conference call will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/. A telephone replay of the call will be available approximately two hours after the completion of the call until August 11, 2023. The repl
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