Warner Bros. Discovery, Inc. (NASDAQ: WBD) is a global media and entertainment company formed in April 2022 through the merger of WarnerMedia and Discovery, Inc. The company develops, produces and distributes a wide array of content across film, television, streaming, sports and news. Its portfolio includes legacy entertainment brands such as Warner Bros. Pictures, HBO, CNN, TNT and Cartoon Network, alongside nonfiction and lifestyle networks like Discovery Channel, HGTV and Food Network.
In the streaming arena, Warner Bros. Discovery operates Max, an ad-supported and subscription service featuring original series, blockbuster films and licensed content, as well as Discovery+, which offers documentary and reality programming. The company also generates revenue through linear television advertising, licensing agreements, consumer products and theme-park partnerships, leveraging its extensive library and intellectual property globally.
Warner Bros. Discovery reaches audiences in North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. Its operations span content creation, aggregation and distribution, with local language production and strategic partnerships to tailor offerings to regional markets. The company’s diversified portfolio is designed to capture viewership across traditional broadcast, cable and digital platforms, catering to consumers and advertisers worldwide.
With roots dating back to the founding of Warner Bros. in 1923 and the launch of Discovery Channel in 1985, the merged entity combines decades of storytelling expertise and a deep content library. David Zaslav serves as president and chief executive officer, overseeing a leadership team tasked with integrating two legacy businesses, driving growth in direct-to-consumer offerings and expanding the company’s global footprint.