| Market Capitalization (Millions $) |
70,399 |
| Shares
Outstanding (Millions) |
2,492 |
| Employees |
35,500 |
| Revenues (TTM) (Millions $) |
37,210 |
| Net Income (TTM) (Millions $) |
-1,708 |
| Cash Flow (TTM) (Millions $) |
-706 |
| Capital Exp. (TTM) (Millions $) |
1,248 |
Business Description
Warner Bros. Discovery Inc. is an American multinational mass media and entertainment conglomerate. The company was formed through a merger between two major media companies, WarnerMedia and Discovery Inc. in May 2021. As a result of the merger, the company now operates as a standalone company, with its shares being traded on the NASDAQ stock exchange.
Warner Bros. Discoveryes portfolio includes a vast array of media assets including film studios, television networks, streaming services, news and sports channels, and digital platforms. The company operates in more than 200 countries, with a reach of over 3 billion people worldwide.
The companyes film and television studios produce and distribute a range of content, including films, scripted and unscripted television shows, animation, and documentaries. Warner Bros. Discoveryes film studio is responsible for the production of some of Hollywoodes most well-known and profitable films, such as the Harry Potter and Batman franchises.
The company also has a major presence in television production and distribution, with networks such as Discovery Channel, Animal Planet, HGTV, Food Network, and TLC as part of its vast television network. It also owns several sports networks, including Eurosport and Golf Digest.
Warner Bros. Discovery also has a significant digital presence with its streaming platform HBO Max, which offers subscribers access to a vast library of content, both in-house and licensed to the company. HBO Max is available in the United States and select Latin American countries. The company also operates a number of digital platforms, including social media and gaming websites.
With headquarters located in New York City, Warner Bros. Discovery is led by a team of experienced media industry executives, including David Zaslav as CEO. The company has a strong focus on innovation and creating engaging content that resonates with its diverse global audience. Despite its recent merger, the company aims to continue its growth trajectory and cement its position as a leading player in the ever-evolving media and entertainment industry.
Company Address: 230 Park Avenue South New York 10003 NY
Company Phone Number: 548-5555 Stock Exchange / Ticker: NASDAQ WBD
|
55.17 %