Warner Bros. Discovery (WBD) is a multinational mass media and entertainment company headquartered in New York City. It was formed on April 8, 2022, through the merger of WarnerMedia and Discovery, Inc.. The company operates across various platforms, including film, television, cable networks, and streaming services. WBD's properties are divided into business units, including Warner Bros. film and television studios, HBO, CNN, U.S. Networks, Sports, and Global Streaming & Interactive Entertainment. The company's brands include Discovery Channel, HBO, CNN, Warner Bros., and many others.
David Zaslav is the President and Chief Executive Officer of Warner Bros. Discovery. Key leaders include Samuel DiPiazza (Chairman), and Gunnar Wiedenfels (Chief Financial Officer). WBD operates through three primary segments: Studios, Networks, and Direct-to-Consumer (DTC). The Studios segment produces and releases feature films and television programs, including franchises like DC Comics and Harry Potter. The Networks segment includes channels such as Discovery Channel, HGTV, and CNN. The Direct-to-Consumer segment manages streaming services like HBO Max and Discovery+. Recent news includes Paramount Skydance's amended tender offer to acquire all outstanding shares of WBD common stock. As of February 10, 2026, WBD's stock was up +2.17% at $27.80.
