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, Inc. reports developments across its global media and entertainment business, including television, film, streaming and gaming. Recurring updates include quarterly earnings, conference-call materials, shareholder letters and corporate announcements tied to its branded content portfolio, including HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, Warner Bros. Motion Picture Group, Warner Bros. Television Group and Warner Bros. Games.
Company news also covers governance matters, shareholder voting items, material agreements and capital-structure disclosures related to WBD's public securities and corporate actions.
Warner Bros. Discovery (Nasdaq: WBD) will report first quarter 2026 results on Thursday, May 7, 2026, with a live webcast available in its Investor Relations site at approximately 7:00 a.m. ET.
The company will host a conference call at 8:30 a.m. ET the same day to discuss results; a replay of the webcast will remain available on the Investor Relations site for twelve months.
Warner Bros. Discovery (NASDAQ: WBD) set a Special Meeting for April 23, 2026 to vote on an all-cash merger with Paramount Skydance (NASDAQ: PSKY). Under the merger terms, WBD shareholders would receive $31.00 per share, a 147% premium to the unaffected price of $12.54.
The boards unanimously approved the deal; closing is expected in Q3 2026, subject to customary conditions, regulatory clearances and shareholder approval. A $0.25 per-share quarterly ticking fee applies if the deal has not closed by September 30, 2026.
GoPro (NASDAQ:GPRO) renewed a two-year partnership with Warner Bros. Discovery (WBD) Sports Europe as the Official Wearable Camera Supplier of the WHOOP UCI Mountain Bike World Series. GoPro will outfit riders with helmet-mounted cameras for live and recorded rider-perspective coverage across all UCI Downhill World Cup rounds.
Integrations extend to Cross-Country and Enduro, include course branding, a consumer expo experience, and season-long content featuring athletes like Jackson Goldstone. The 2026 season begins May 1 in Mona YongPyong, South Korea. Product mentions include GoPro MAX2 and HERO13 Black + Ultra Wide Lens.
Paramount (NASDAQ:PSKY) will acquire Warner Bros. Discovery (NASDAQ:WBD) for $31.00 per share in cash, valuing WBD at $81B equity and $110B enterprise value. The deal, backed by $47B equity and $54B debt commitments, targets close in Q3 2026 with expected >$6B synergies.
The combined company will operate major studios, a large streaming portfolio, sports rights, a 15,000+ title library, minimum 30 theatrical films annually, and a planned 45–90 day theatrical-to-VOD window.
Netflix (WBD) declined to raise its offer to match Paramount Skydance's bid for Warner Bros on Feb 26, 2026.
The WBD Board determined Paramount Skydance's proposal is a "Superior Proposal" under the merger agreement, and Netflix said matching that price was "no longer financially attractive." Netflix reiterated it will invest approximately $20 billion in films and series this year and will resume its share repurchase program.
Paramount (NASDAQ: PSKY) confirmed Warner Bros. Discovery (NASDAQ: WBD) Board found Paramount's $31.00 per share all-cash proposal a superior proposal. Key terms include a $0.25 per-quarter ticking fee after Sept 30, 2026, a $7 billion regulatory termination fee, Paramount paying WBD's $2.8 billion Netflix break fee, elimination of WBD's potential $1.5 billion financing cost, a $45.7 billion Ellison equity commitment and a $57.5 billion debt commitment from lead banks.
The HSR waiting period expired Feb 19, 2026; a definitive merger agreement and expiration of the four-business-day match period remain required to complete the transaction.
Warner Bros. Discovery (NASDAQ: WBD) said its Board determined a revised Paramount Skydance (PSKY) proposal constitutes a Company Superior Proposal under the Netflix merger agreement on Feb. 26, 2026.
PSKY values WBD at $31.00 per share cash, includes a $0.25 per share per quarter ticking fee starting after Sept. 30, 2026, a $7 billion regulatory termination fee, PSKY payment of WBD's $2.8 billion Netflix termination fee, an equity backstop from Larry J. Ellison and a MAE carve-out for Global Linear Networks. Netflix has a four business day match period; the Board continues to recommend the Netflix transaction.
Warner Bros. Discovery (Nasdaq: WBD) reported fourth quarter and full year results for the period ended December 31, 2025. The company will host a conference call and live webcast today at 8:00 a.m. ET to discuss results, with replay access through March 5, 2026.
Investor materials and the audio replay are available in the company's Investor Relations section at ir.wbd.com.
Paramount Skydance (NASDAQ: PSKY) revised its all-cash proposal to acquire Warner Bros. Discovery (NASDAQ: WBD) at $31.00 per share for 100% of WBD, with material deal protections and payments.
Key items: $31/sh cash offer; $7.0B regulatory termination fee; payment of $2.8B Netflix termination fee; $0.25 quarterly ticking fee commencing after Sept 30, 2026; HSR waiting period expired Feb 19, 2026; definitive agreement and WBD board determination still required.
Warner Bros. Discovery (NASDAQ: WBD) said on Feb 24, 2026 its Board determined a revised Paramount Skydance (NASDAQ: PSKY) proposal could reasonably be expected to lead to a "Company Superior Proposal" under WBD's Netflix merger agreement.
The revised PSKY proposal offers $31.00 per WBD share in cash, a daily ticking fee of $0.25 per quarter after Sept 30, 2026, a $7 billion regulatory termination fee, payment of WBD's $2.8 billion termination fee to Netflix, additional equity funding commitments for solvency, and a Company MAE definition excluding Global Linear Networks. The Board has not yet determined superiority and continues to recommend the Netflix transaction.