Warner Bros. Discovery, Inc.
Warner Bros. Discovery, Inc. is a global media and entertainment company formed through the combination of WarnerMedia and Discovery Communications. It operates in three segments: Studios, Network, and DTC, and offers a wide range of content across television, film, streaming, and gaming.
Key Points
- Formed through the acquisition of WarnerMedia by Discovery Networks
- Operates in three segments: Studios, Network, and DTC
- Assets include leading cable channels like HBO, Discovery, TNT, CNN, and HGTV
Pros
- Diversified portfolio of content, brands, and franchises
- Significant reach with over 200 television channels in more than 220 countries
- Operates popular streaming services like Max and discovery+
Cons
- Negative profit margin and return on equity
- High total debt to equity ratio
- Net income to common in the negative