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. (NASDAQ: WBD) generates frequent, high-impact news as a media and entertainment company active in cable and other subscription programming, streaming, studios and global networks. Its news flow reflects both its portfolio of brands—such as Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HGTV, Food Network, TLC, Cartoon Network, Adult Swim, Warner Bros. Motion Picture Group and Warner Bros. Television Group—and major corporate transactions and financing activities.
Recent disclosures and press releases highlight several key themes for WBD news. First, the company has announced plans to separate its Streaming & Studios business (“Warner Bros.”) from its Global Networks business (“Discovery Global”) in a tax-free transaction, potentially creating two publicly traded companies. This separation plan has driven updates on executive appointments, leadership structures and financing arrangements, including a leveraged bridge loan facility and amendments to revolving credit agreements.
Second, Warner Bros. Discovery has entered into an Agreement and Plan of Merger with Netflix, Inc. Under this Merger Agreement, and subject to conditions and approvals, WBD’s Streaming & Studios business is expected to become a wholly owned subsidiary of Netflix after an internal reorganization and the separation and distribution of its Global Linear Networks business into a new SpinCo. News items detail the proposed cash-and-stock consideration for WBD shareholders, the Net Debt Adjustment mechanism and the treatment of equity awards.
Third, Paramount Skydance Corporation has launched and amended an unsolicited all-cash tender offer to acquire all outstanding WBD shares. Paramount’s communications emphasize its $30 per share proposal, financing commitments and its view that its offer is superior to the Netflix transaction, while WBD’s Board has issued statements and letters recommending that shareholders reject the Paramount offer and support the Netflix combination.
On this WBD news page, readers can follow developments related to the Netflix Merger Agreement, the strategic review, the proposed separation of Warner Bros. and Discovery Global, Paramount’s tender offer, debt tender offers, bridge financing and executive leadership changes. Investors and observers can use this feed to track how these corporate actions may affect WBD’s capital structure, business configuration and role in the media and entertainment landscape.
Warner Bros. Discovery (WBD) has announced that President and CEO David Zaslav will deliver a presentation at the Morgan Stanley 2025 Technology, Media & Telecom Conference on March 4, 2025, at 10:00 a.m. ET.
The presentation will be accessible through a live webcast in the Investor Relations section of WBD's website, with an on-demand replay available shortly after the event concludes.
WBD operates as a global media and entertainment leader, delivering content across multiple platforms in over 220 countries and territories in 50 languages. The company's portfolio includes prominent brands such as:
- Streaming platforms: Max, discovery+
- Networks: Discovery Channel, CNN, HBO, HGTV
- Entertainment divisions: Warner Bros. Motion Picture Group, Warner Bros. Games
- Sports: TNT Sports, Eurosport
Warner Bros. Discovery (WBD) and Cutting Edge Group (CEG) have formed a joint venture to co-own WBD's extensive film and TV music catalog, marking one of the largest music rights deals ever. The portfolio includes over 400,000 compositions and song cues from iconic franchises like Harry Potter, Lord of the Rings, and DC Comics movies, as well as popular TV shows such as Friends, Game of Thrones, and Succession.
Under the partnership, WBD will maintain creative and operational control of the music rights, while CEG will jointly manage the JV following its investment. DWS Group is co-investing and sponsoring the transaction. The catalog's administration will continue through Universal Music Publishing Group for Warner Brothers, HBO, and Turner Networks content, while Sony Music Publishing will handle the Discovery/Scripps Networks catalog.
Warner Bros. Discovery (WBD) has announced it will release its fourth-quarter and full-year 2024 financial results on Thursday, February 27, 2025, before market opening. The company will host a conference call at 8:00 a.m. ET to discuss the results, with materials available on their investor relations website starting at 7:00 a.m. ET.
A telephone replay will be accessible for approximately one week until March 6, 2025, while the audio webcast replay will remain available in the investor relations section for twelve months. The company, available in over 220 countries and 50 languages, operates through multiple iconic brands including Discovery Channel, Max, CNN, HBO, and Warner Bros. Motion Picture Group.
Warner Bros. Discovery (WBD) has announced the appointment of two new independent directors to its Board: Anthony Noto and Joey Levin. Noto joined on January 8, 2025, while Levin will join on February 1, 2025. Both will stand for election at the 2025 Annual Meeting of Stockholders.
Noto, currently CEO of SoFi Technologies, brings over 20 years of leadership experience in media, technology, and finance, including previous roles as Twitter's CFO and COO, and NFL's CFO. Levin, CEO of IAC since 2015, contributes over 20 years of M&A and strategic leadership experience in digital media.
Following these appointments, WBD's Board will consist of 13 directors, with 12 being independent. The selection process was conducted through a comprehensive search led by the Nominating and Corporate Governance Committee with assistance from a leading independent search firm.
MotorTrend Group, a Warner Bros. Discovery company, announced the winners of the third annual Software-Defined Vehicle (SDV) Innovator Awards at CES 2025 in Las Vegas. The awards, presented in partnership with BlackBerry's QNX division, recognize innovators transforming the automotive industry from hardware to software focus.
Winners were selected across three categories: Pioneer, Leader, and Expert, from nominees representing 23 automakers and suppliers. Pioneer winners included innovators from Amazon Web Services, Eureka Labs, TTTech Auto, JIDU Auto, and XPENG Motors. Leader awards recognized executives from companies including Volvo Cars, Rivian, Ford Motor Company, Valeo, NIO, and LG Electronics. Expert awards celebrated technical achievements from professionals at Amazon Web Services, Tesla, Rivian, and Marelli.
Charter Communications' Spectrum and Warner Bros. Discovery announced that Max streaming service is now available to all Spectrum TV Select customers at no additional cost. The Max With Ads package, typically retailing at $9.99 per month, includes content from HBO, Warner Bros., DC Universe, and A24.
This integration is part of Spectrum's hybrid distribution strategy, which will provide customers access to multiple ad-supported streaming services including Disney+, ESPN+, Paramount+, ViX, and Tennis Channel+, representing up to an $80 monthly retail value by first half of 2025. The deal marks a significant step in Spectrum's transformation of its programming agreements, aiming to offer customers greater package flexibility and seamless entertainment options.
Warner Bros. Discovery (WBD) announced a major corporate restructuring, dividing the company into two distinct operating divisions: Global Linear Networks and Streaming & Studios. The Global Linear Networks division will focus on maximizing profitability and free cash flow for deleveraging, while Streaming & Studios will prioritize growth and returns on invested capital.
The reorganization, authorized by the Board of Directors, aims to enhance strategic flexibility and unlock additional shareholder value. The company expects to begin implementation immediately and complete the transition by mid-2025. The new structure is designed to provide better clarity and focus for each division's specific objectives while maintaining consolidated operations.
Comcast (NASDAQ: CMCSA) and Warner Bros. Discovery (WBD) have announced comprehensive distribution agreements for Xfinity and Sky UK customers. The deal includes:
1. Renewal of WBD's linear cable networks distribution for Xfinity TV (including TNT, TBS, CNN, Discovery, Food Network, HGTV, TLC, and Investigation Discovery)
2. Continued HBO carriage and expanded rights for ad-supported versions of Max and Discovery+ in streaming bundles
3. Enhanced partnership with Sky UK and Ireland, featuring the integration of Max's ad-supported app when launched in early 2026, bundled for Sky and NOW customers
The agreements strengthen content distribution across linear television, apps, and streaming services, though financial terms were not disclosed.
Warner Bros. Discovery (WBD) has announced that Gerhard Zeiler, President of International, will present at the UBS Global Media and Communications Conference on December 10, 2024, at 12:00 p.m. ET. The presentation will be accessible via live webcast in the Investor Relations section of WBD's website, with an on-demand replay available afterward.
Warner Bros. Discovery operates as a global media and entertainment leader, delivering branded content across television, film, streaming, and gaming platforms. The company reaches audiences in over 220 countries and territories, offering content in 50 languages through renowned brands including Discovery Channel, Max, HBO, CNN, DC, TNT Sports, and many others.
Warner Bros. Discovery (WBD) has announced that JB Perrette, CEO and President of Global Streaming and Games, will present at the 8th Annual Wells Fargo TMT Summit on December 3, 2024, at 5:15 p.m. ET. The presentation will be available via live webcast in the Investor Relations section of WBD's website, with an on-demand replay available afterward.
Warner Bros. Discovery operates as a global media and entertainment company, delivering content across television, film, streaming, and gaming platforms. The company reaches audiences in over 220 countries through major brands including Discovery Channel, Max, HBO, CNN, DC, TNT Sports, and many others.
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