Warner Bros. Discovery (2024)

FAQs

Who owns majority of Warner Bros. Discovery? ›

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Harris Associates L P, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, XLC - The Communication Services Select Sector SPDR Fund, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, VIMSX - ...

Warner Bros's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

Warner Bros. Entertainment is one of the world's largest producers of film and television entertainment. It is currently a subsidiary of the WarnerMedia conglomerate, with headquarters in Burbank, California, USA, and is perhaps best known for production the adventures of Looney Tunes and Merrie Melodies.

Discovery are planning to offer their streaming services — Disney+, Hulu and Max — in a bundle mirroring the traditional cable TV package, the companies said Wednesday. The latest iteration of the bundle, which will be available this summer, will be offered on both the ad-supported and commercial-free tiers.

Warner Bros. Discovery

WarnerMedia

Discovery, Inc. (NASDAQ:WBD) is largely controlled by institutional shareholders who own 63% of the company.

There are also concerns over Warner's ability to retain NBA broadcasting rights. At the end of April NBCUniversal offered to pay $2.5 billion a year for the contract, twice what Warner Bros. Discovery was paying. The threat of losing the NBA contract alone caused WBD's stock to fall by 10% in a single day.

WBD is using Networks cash flows to deleverage and finance the DTC push. Once leverage targets are reached, the company will be able to buy back stock. DTC is at an inflection point and profitability is expected for FY2025. A portfolio of leading content franchises will help the business to continue growing.

According to Warner Bros. Discovery's latest financial reports the company's total debt is $42.57 B. A company's total debt is the sum of all current and non-current debts.

The Walt Disney Company owns 43 percent of the resort; the majority 57 percent is held by Shanghai Shendi Group, a joint venture of three companies owned by the Shanghai government.

Did Disney almost buy Warner Bros? ›

According to the New York Times, Disney make an initial attempt to acquire Warner Bros. in 2016, but AT&T beat them to it with a $85 billion offer, so Disney merged with 21st Century Fox instead.

Bob Iger (Nov 20, 2022–)

The Walt Disney Company / CEO

Warner Bros. Discovery CEO David Zaslav saw the value of his 2023 compensation package rise to $49.7 million, compared with $39.3 million in 2022 when the Discovery-WarnerMedia merger had closed.

On May 17, 2021, three years after the acquisition, AT&T decided to sell its ownership of WarnerMedia in a merger with Discovery, Inc. to form a new publicly traded company, Warner Bros. Discovery. On April 8, 2022, WarnerMedia was divested by AT&T and merged with Discovery, Inc. to form Warner Bros. Discovery (WBD).

Available in more than 220 countries and territories, and in 50 different languages, Warner Bros. Discovery inspires, informs and entertains audiences around the world through its iconic brands and products, including: Discovery Channel, discovery+, CNN, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, OWN, ...

BlackRock's largest institutional shareholders are Vanguard Group, BlackRock itself, State Street Global Advisors, Temasek Holdings, and Bank of America.

Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders.

Warner Media, LLC (doing business as WarnerMedia) was an American multinational mass media and entertainment conglomerate owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City.