# Warner Bros. Discovery

> Warner Bros. Discovery is a global media and entertainment company built from the 2022 combination of Discovery and WarnerMedia. It creates, owns and distributes film, television, news, sports, games and unscripted programming through brands including Warner Bros., HBO, HBO Max, CNN, DC, Discovery, TNT Sports, Food Network and Cartoon Network. Its advantage is not one channel or app but a large rights portfolio that can be monetized through subscriptions, advertising, theatrical releases, licensing, games, consumer products and experiences across global markets.

- **Founded:** 2022
- **Headquarters:** New York, United States
- **Team size:** Approximately 35,500 employees as of December 31, 2025
- **Products:** HBO Max, Warner Bros. Studios, HBO, Global Linear Networks, DC Studios and DC publishing
- **Notable:** Created Warner Bros. Discovery through the April 2022 combination of Discovery and WarnerMedia., Built a portfolio spanning more than 100 brands and a library described at the merger announcement as nearly 200,000 hours of programming., Reached 131.6 million global streaming subscribers at the end of 2025, up 13% year over year.

## Products & services

- **HBO Max** — Global subscription and ad-supported streaming service combining HBO originals, Warner Bros. films and television, DC, factual and lifestyle programming, and selected news and sports offerings by market.
- **Warner Bros. Studios** — Film and television development, production and distribution through Warner Bros. Pictures, New Line Cinema, Warner Bros. Television, animation and studio operations.
- **HBO** — Premium television brand and production operation known for scripted series, documentaries, comedy and original films.
- **Global Linear Networks** — A portfolio of news, sports, entertainment and factual networks including CNN, Discovery Channel, TLC, Food Network, HGTV, TBS, TNT Sports and Eurosport.
- **DC Studios and DC publishing** — Development and stewardship of DC characters across film, television, animation, publishing, games, licensing and consumer products.
- **Warner Bros. Games** — Console, PC and mobile game publishing and development, including games based on owned and licensed franchises.
- **Advertising solutions** — Cross-platform campaigns, sponsorships, audience targeting and branded partnerships spanning streaming, linear television and digital properties.
- **Consumer products and experiences** — Character and brand licensing, retail products, publishing, studio tours, themed entertainment and location-based experiences.

## Achievements

- Created Warner Bros. Discovery through the April 2022 combination of Discovery and WarnerMedia.
- Built a portfolio spanning more than 100 brands and a library described at the merger announcement as nearly 200,000 hours of programming.
- Reached 131.6 million global streaming subscribers at the end of 2025, up 13% year over year.
- Generated $1.37 billion of Streaming adjusted EBITDA in 2025, more than double the prior year figure.
- Restored the HBO Max name in 2025 to sharpen the streaming service's premium positioning.
- Expanded HBO Max across Australia, Europe, Asia-Pacific and India through direct launches and distribution partnerships.
- Stewards Warner Bros., a film studio that marked its 100th anniversary in 2023.

## Latest updates

- **2026-08** — UK competition authorities cleared Paramount Skydance's pending acquisition of WBD, while the transaction remained delayed by a U.S. state antitrust challenge.
- **2026-07** — Paramount and WBD agreed not to close the pending acquisition until the U.S. states' antitrust case is resolved or June 2027, subject to the merger agreement.
- **2026-06** — WBD announced an agentic AI-powered advertising technology built on AWS, its preferred cloud provider.
- **2026-05** — First-quarter revenue was $8.9 billion; streaming growth offset part of the continuing decline in domestic linear pay-TV subscribers.
- **2026-04** — WBD shareholders approved the transaction with Paramount Skydance, and HBO Max launched in India through JioHotstar.
- **2026-02** — WBD terminated its Netflix agreement and entered a definitive agreement for Paramount Skydance to acquire the company, subject to regulatory review and closing conditions.
- **2025-07** — The streaming service resumed the HBO Max name after operating as Max for about two years.

## Links

- Website: https://www.wbd.com/
- LinkedIn: https://www.linkedin.com/company/warner-bros-discovery
- Twitter/X: https://twitter.com/wbd/
- YouTube: https://www.youtube.com/@WBD
- Instagram: https://www.instagram.com/wbd/
- Facebook: https://www.facebook.com/WBD

---

Profile page: https://yespress.io/warner-bros-discovery
Published by YesPress — https://yespress.io
Last updated: 2026-08-13