Headquartered in New York, NY Fiscal year ends December NASDAQ: WBD wbd.com
Warner Bros. Discovery is a global media and entertainment company that creates and distributes content across television, film, streaming, and gaming. The company operates through three segments: Streaming (anchored by HBO Max and discovery+), Studios (encompassing Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Games, and New Line Cinema), and Global Linear Networks (including Discovery Channel, CNN, TNT Sports, Eurosport, HGTV, Food Network, TLC, TBS, TNT, Cartoon Network, Adult Swim, Turner Classic Movies, and others). The company holds an extensive portfolio of globally recognized intellectual property franchises including DC, Harry Potter, Game of Thrones, Lord of the Rings, and The Matrix. WBD generates revenue through content distribution, advertising, theatrical releases, TV production and licensing, gaming, and consumer products and experiences. The company has a pending merger transaction with Paramount Skydance Corporation. Updated
David Ellison marked the combination of Paramount Skydance (NASDAQ:PSKY | PSKY Price Prediction) and Warner Bros. Discovery (NASDAQ:WBD) with a post saying “What once was the peak, is now just the beginning,”…
One group of shareholders walks away with cash at closing. The other inherits a renamed company on a new exchange carrying roughly $80 billion in debt, and the settlement terms make the…
Paramount Skydance (NASDAQ:PSKY | PSKY Price Prediction) stock is sliding on news that clears the final legal hurdle to its purchase of Warner Bros. Discovery (NASDAQ:WBD), a reaction that shows the market…
Paramount Skydance (NASDAQ:PSKY | PSKY Price Prediction) stock is at $9.97, down 3% this afternoon. The slide arrives as Paramount Skydance brings a massive debt package for its pending purchase of Warner…
Paramount Skydance is stacking nearly $80 billion in debt onto a freshly downgraded balance sheet, racing a $7 million daily clock, and still faces a judge who has not signed off on…
Jim Cramer used his Mad Dash segment on CNBC Tuesday morning to back Deutsche Bank’s upgrade of Netflix from hold to buy, saying he was “shocked” to see the company trading at…
Pre-Market Stock Futures: Futures are trading modestly higher after a rough start to the third quarter’s last trading week. The song remains the same: rising interest rates and oil prices once again…
Merger filings from one of Hollywood's biggest consolidations tell a very different story about job losses than the one studio executives keep repeating in public. The real culprits are hiding in the…
A 12-state antitrust settlement has cleared the last major legal obstacle to the largest media deal of the year, and Paramount Skydance shareholders are pricing it accordingly. Paramount Skydance (NASDAQ:PSKY | PSKY…
Bill Ackman lost $400 million the last time he bought Netflix and bailed within three months. Now Pershing Square just disclosed a $1 billion position, and the reasons he walked away in…
One major bank just slapped a brutally low price target on Netflix even as the company reports double-digit revenue growth and a $25 billion buyback. The gap between the most bearish Wall…
Shares of Warner Bros. Discovery (NASDAQ:WBD | WBD Price Prediction) are jumping in early Monday trading on fresh reports that antitrust settlement talks tied to its pending sale are advancing. Its counterparty…
Netflix (NASDAQ:NFLX | NFLX Price Prediction) stock is falling in Friday morning trading after Wells Fargo cut its rating and slashed its price target on the streaming leader. Shares are down 4%…
Netflix shares have shed more than a third of their value over the past year, yet the company's ad business is exploding and buybacks are hitting record pace. Our proprietary model sees…
Disney's stock has barely moved in a year while Wall Street's consensus target sits 20% higher, and a string of earnings beats has done almost nothing to close that gap. The reason…
Warner Bros. Discovery is a global media and entertainment company that creates and distributes content across television, film, streaming, and gaming.
24/7 Wall St.'s 12-month price target for WBD is $32.76, rated Buy. The Wall Street consensus target is $30.62. WBD price prediction →
