Welcome to our dedicated page for WARNER BROS DISCOVERY SEC filings (Ticker: WBD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Warner Bros. Discovery, Inc. (NASDAQ: WBD) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, including current reports on Form 8-K, annual and quarterly reports when filed, and transaction-related documents. These filings are essential for understanding how WBD structures its media and entertainment operations across cable and other subscription programming, streaming, studios and global networks, and how major strategic transactions are documented.
Recent Form 8-K filings describe several material events. One 8-K filed in December 2025 outlines the Agreement and Plan of Merger among Warner Bros. Discovery, Netflix, Inc., a Netflix subsidiary and a newly formed WBD subsidiary. This filing explains the planned holding company merger, the separation and distribution of WBD’s Global Linear Networks business into a SpinCo, and the subsequent merger of WBD’s Streaming & Studios business into a Netflix subsidiary. It details the cash and stock consideration for WBD shareholders, the Exchange Ratio mechanism, the Net Debt Adjustment tied to SpinCo’s net debt, and the treatment of WBD stock options, restricted stock units, deferred stock units and notional units.
Other 8-Ks describe the company’s strategic review of alternatives, including the potential separation of “Warner Bros.” and “Discovery Global,” and the clarification of executive employment and incentive arrangements in that context. Additional filings cover financing actions such as a Non-Investment Grade Leveraged Bridge Loan Agreement for a term loan facility, amendments to a multicurrency revolving credit agreement, and tender offers and consent solicitations for outstanding notes and debentures. Regular earnings-related 8-Ks furnish quarterly results and shareholder letters.
On this page, Stock Titan surfaces WBD’s SEC filings with real-time updates from EDGAR and AI-powered summaries that explain the structure and implications of complex documents. Investors can quickly see how the Netflix Merger Agreement is structured, how the planned separation of Streaming & Studios and Global Networks is documented, and how new debt facilities and tender offers affect WBD’s obligations. Users can also review filings related to executive compensation, leadership changes and other governance matters. These tools help readers interpret lengthy 10-K, 10-Q and 8-K filings, as well as any future proxy statements or registration statements connected to the Netflix transaction, the Discovery Global separation or competing proposals.
Paramount Skydance Corporation agreed to acquire 100% of Warner Bros. Discovery for $31 per share, valuing WBD at approximately $81 billion equity and $110 billion enterprise value, subject to customary closing conditions and regulatory clearances. The boards of both companies approved the merger; WBD shareholder vote is expected in spring
The transaction is funded by a
Paramount Skydance Corporation announced a proposed acquisition of Warner Bros. Discovery, Inc. The communication, presented on
Paramount and WBD are identified as participants in the solicitation; the filing lists multiple forward-looking risks including antitrust clearances, stockholder approval, potential management distraction, employee departures, litigation risk, and integration challenges tied to earlier agreements entered on
Paramount Skydance Corporation posted solicitation materials on March 2, 2026 describing its proposed acquisition of Warner Bros. Discovery (WBD). The communication urges WBD stockholders to read WBD’s forthcoming proxy materials and explains where SEC filings and participant disclosures can be obtained.
The posting includes a standard forward-looking statements caution and a detailed list of potential risks, including antitrust and regulatory clearances, stockholder approval uncertainty, integration and litigation risks, and business disruptions during the pending transaction.
Paramount Skydance Corporation entered into a definitive Merger Agreement to acquire Warner Bros. Discovery. Under the agreement Merger Sub will merge into WBD, with WBD surviving as a wholly owned subsidiary of PSKY and each outstanding share of WBD common stock to be converted into $31.00 cash per share plus a ticking consideration for closings after
The boards of both companies approved the Merger; PSKY secured backstops including a subscription commitment from the Ellison Trust and RedBird (PIPE commitments of up to
Paramount Skydance Corporation posted on social media on
The communication identifies potential risks verbatim, including Hart-Scott-Rodino antitrust clearance, uncertainty as to the percentage of WBD stockholders who will vote to approve the proposed transaction, possible delays or non-completion, employee departures or management distraction, stockholder litigation, and integration and operational risks for Paramount and WBD.
Paramount Skydance and its subsidiary terminated a previously announced cash tender offer for Warner Bros. Discovery shares. The Purchaser had offered to buy Series A common shares at
Warner Bros. Discovery describes its global media operations and highlights a planned cash acquisition by PSKY. Under the PSKY Merger Agreement, each WBD share is expected to be converted into $31.00 in cash plus a small daily “Ticking Consideration” after
The 10-K explains that the deal depends on shareholder approval, regulatory clearances and other conditions, and may not close, with outside dates in
Warner Bros. Discovery, Inc. has agreed to be acquired by Paramount Skydance Corporation in an all-cash merger. WBD stockholders will receive $31.00 in cash per share, plus a per-day “ticking” amount if closing occurs after September 30, 2026, up to $0.25 per quarter.
The deal values WBD at $81 billion of equity and $110 billion of enterprise value and is backed by $47 billion of new equity and $54 billion of debt commitments. Closing is targeted for Q3 2026 and requires WBD stockholder approval and regulatory clearances.
Paramount has terminated its prior tender offer for WBD, and WBD has terminated its earlier merger agreement with Netflix; PSKY paid Netflix a $2.8 billion cash termination fee on WBD’s behalf. The new Merger Agreement includes a $3 billion company termination fee payable to PSKY in certain circumstances and a $7 billion regulatory termination fee payable by PSKY to WBD if regulatory conditions block closing.
Paramount Skydance filed proxy materials concerning its unsolicited proposal to acquire Warner Bros. Discovery for
The filing notes the
Prince Sub Inc., a direct wholly owned subsidiary of Paramount Skydance Corporation, filed Amendment No. 26 to its Schedule TO regarding its tender offer to purchase all outstanding shares of Warner Bros. Discovery, Inc. at $30.00 per share, net to the seller in cash, pursuant to the Offer to Purchase dated
The amendment supplements Item 12 by adding an exhibit and confirms that, except as amended here, the original Schedule TO remains unchanged and is incorporated by reference. The filing is dated