Warner Bros. Discovery

Warner Bros. Discovery (WBD) is a publicly traded company in the Communication Services sector, specifically within the Broadcasting industry. Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.

The company reports trailing twelve-month revenue of $9.98B and net loss of $2.92B.

Key metrics include a return on equity of -8.9%, a debt-to-equity ratio of 1.97.

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