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WARNER BROS DISCOVERY INC Stock Price, News & Analysis

WBD Nasdaq

Welcome to our dedicated page for WARNER BROS DISCOVERY news (Ticker: WBD), a resource for investors and traders seeking the latest updates and insights on WARNER BROS DISCOVERY stock.

Warner Bros. Discovery (WBD) is a global media leader formed through the merger of WarnerMedia and Discovery, operating across studios, networks, and direct-to-consumer platforms. This page provides timely access to official WBD announcements, offering investors and industry professionals a trusted resource for unfiltered updates.

Find curated press releases covering earnings results, content launches (including Max streaming updates), strategic partnerships, and corporate leadership developments. Our aggregation ensures you stay informed about WBD’s film releases, television productions, and global distribution initiatives without speculative commentary.

Bookmark this page for streamlined access to primary-source information about WBD’s operational milestones, financial disclosures, and industry-shaping moves in the evolving media landscape.

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Paramount (NASDAQ:PSKY) on Dec 10, 2025 sent a letter to Warner Bros. Discovery (NASDAQ:WBD) shareholders launching a $30.00 per share all-cash tender offer to buy all WBD shares.

Paramount says its offer is superior to the announced Netflix transaction, citing a $41 billion equity backstop, $54 billion debt commitments, a $5 billion regulatory reverse termination fee, a $6 billion synergy estimate, and faster regulatory timing. Paramount urges shareholders to tender by the scheduled Jan 8, 2026 expiration and notes the tender will remain open at least 20 business days.

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Warner Bros. Discovery (NASDAQ: WBD) confirmed on Dec. 8, 2025 that Paramount Skydance (NASDAQ: PSKY) has commenced an unsolicited tender offer to acquire all outstanding shares of Warner Bros. Discovery common stock.

The Board said it will review the offer with independent financial and legal advisors consistent with its fiduciary duties and in accordance with the terms of its agreement with Netflix. The Board is not modifying its recommendation regarding the Netflix agreement and intends to advise shareholders of its recommendation on Paramount Skydance's tender offer within 10 business days. Shareholders were advised not to take action now. Allen & Company, J.P. Morgan and Evercore are financial advisors; Wachtell Lipton, Rosen & Katz and Debevoise & Plimpton are legal counsel.

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Paramount (NASDAQ: PSKY) launched an all-cash tender offer to acquire Warner Bros. Discovery (NASDAQ: WBD) for $30.00 per share, implying an enterprise value of $108.4 billion and a 139% premium to the undisturbed WBD share price of $12.54 on September 10, 2025. Paramount says its offer delivers $18 billion more cash than the competing Netflix proposal and is financed without a financing condition: equity backstopped by Ellison family and RedBird and $54 billion of debt commitments from Bank of America, Citi and Apollo.

The tender offer is scheduled to expire Jan 8, 2026 at 5:00 p.m. NYC time. Paramount cites $6+ billion in cost synergies and positions the deal as a pro‑competitive, faster path to close versus the Netflix transaction.

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Warner Bros. Discovery (Nasdaq: WBD) reported financial results for the quarter ended September 30, 2025 and will host a conference call today at 8:00 a.m. ET to discuss results.

Investors can access earnings materials, a live webcast, and a replay via the company's Investor Relations website at https://ir.wbd.com/. Telephone replay will be available until November 13, 2025 by calling +1 888-660-6264 or +1 646-517-3975 with passcode 76732#. The audio webcast replay will be available on the investor site for twelve months.

The release includes a company description and directs readers to www.wbd.com for more information.

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Warner Bros. Discovery (NASDAQ: WBD) said its Board has initiated a review of strategic alternatives after receiving unsolicited interest from multiple parties for both the entire company and Warner Bros.

The Board will evaluate options including: continuing the planned separation into two companies (Warner Bros. and Discovery Global) targeted for completion by mid-2026, a transaction for the entire company, separate transactions for Warner Bros. and/or Discovery Global, or an alternative structure combining a merger of Warner Bros. with a spin-off of Discovery Global.

No deadline is set for the review; the company said there is no assurance the process will produce a transaction. Allen & Company, J.P. Morgan and Evercore are financial advisors; Wachtell Lipton, Rosen & Katz and Debevoise & Plimpton LLP are legal counsel.

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Warner Bros. Discovery (Nasdaq: WBD) will report third quarter 2025 results on Thursday, November 6, 2025 before the market opens.

Webcast links and earnings materials will be available on the company's Investor Relations website starting at approximately 7:00 a.m. ET. Management will host a conference call at 8:00 a.m. ET that same day.

A telephone replay will be available about two hours after the call until November 13, 2025 at +1 888-660-6264 or +1 646-517-3975 using playback passcode 76732#. An audio webcast replay will be available on the Investor Relations site for twelve months.

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Warner Bros. Discovery (Nasdaq: WBD) has announced its leadership team's participation in two major industry conferences this September. CEO David Zaslav will present at the Goldman Sachs Communacopia + Technology Conference on September 10, 2025, at 11:50 a.m. ET, while CFO Gunnar Wiedenfels will present at the Bank of America Securities 2025 Media, Communications & Entertainment Conference on September 3, 2025, at 1:10 p.m. ET.

Both presentations will be accessible via live webcast through the company's Investor Relations website, with on-demand replays available after the events.

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Warner Bros. Discovery (NASDAQ: WBD) has announced its financial results for the second quarter ended June 30, 2025. The company will host a conference call at 8:00 a.m. ET to discuss the results, with a webcast available through their investor relations website.

A telephone replay will be accessible for one week until August 14, 2025, while the webcast replay will remain available in the investor relations section for twelve months. The replay can be accessed by dialing +1 888-660-6264 or +1 646-517-3975 with passcode 43643#.

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Warner Bros. Discovery (NASDAQ: WBD) has announced its corporate restructuring plans, splitting into two separate companies by mid-2026. The "Streaming & Studios" division will be named Warner Bros., encompassing Warner Bros. Television, Motion Picture Group, DC Studios, HBO, HBO Max, and Gaming Studios. The "Global Networks" division will become Discovery Global, managing brands like CNN, TNT Sports, Discovery, and Discovery+ streaming service.

David Zaslav, current WBD CEO, will lead Warner Bros. as President and CEO, while Gunnar Wiedenfels, current WBD CFO, will serve as President and CEO of Discovery Global. The companies have announced comprehensive leadership teams and are currently searching for additional key executive positions including CFO and Chief People & Culture Officer at Warner Bros.

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Warner Bros. Discovery (NASDAQ:WBD) has signed a multi-year agreement with VideoAmp to enhance measurement and currency solutions across their advertising platforms. The partnership will leverage VideoAmp's advanced data and measurement solutions for linear, digital, and cross-platform campaigns during the 2025 Upfront season and beyond.

Key achievements include 3.2x more unique targetable IDs compared to traditional methods through VideoAmp's data clean room technology, representing a 200% increase in match rates. Campaigns using VideoAmp's technology achieved an average 14% incremental digital reach lift for linear buyers while maintaining overlap reach below 2.5%.

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FAQ

What is the current stock price of WARNER BROS DISCOVERY (WBD)?

The current stock price of WARNER BROS DISCOVERY (WBD) is $29.981 as of December 12, 2025.

What is the market cap of WARNER BROS DISCOVERY (WBD)?

The market cap of WARNER BROS DISCOVERY (WBD) is approximately 73.1B.
WARNER BROS DISCOVERY INC

Nasdaq:WBD

WBD Rankings

WBD Stock Data

73.09B
2.33B
5.99%
73.37%
3.79%
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