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Warner Bros. Discovery, Inc.

WBD's headquarters in New York City
Company type	Public
Traded as	Nasdaq: WBD (Series A) S&P 500 component
ISIN	US9344231041
Industry	Media Entertainment
Predecessors	WarnerMedia Discovery, Inc.
Founded	April 8, 2022; 2 years ago (2022-04-08)
Headquarters	New York City, New York, U.S.
Area served	Worldwide
Key people	Samuel DiPiazza (chairman) David Zaslav (president and CEO)
Products	Amusement parks Comic books Films Music Television program Video games Web portals
Services	Broadcasting Licensing Publishing Streaming Television
Owner	Advance Publications (8.16%)
Divisions	Warner Bros. Discovery Networks Warner Bros. Discovery Sports Warner Bros. Discovery Global Streaming & Interactive Entertainment Warner Bros. Discovery Global Brands and Experiences Warner Bros. Discovery International
Subsidiaries	Warner Bros. Entertainment Home Box Office, Inc. CNN Global DC Entertainment
Website	wbd.com

Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate that is owned and operated by Advance Publications (8.16%) and based in Midtown Manhattan, New York City. It was formed after the spin-off of WarnerMedia by AT&T, and its merger with Discovery, Inc. on April 8, 2022.

The company's properties are divided into nine business units, including the flagship Warner Bros. film and television studios (which includes comic book publisher DC Entertainment), Home Box Office, Inc. (which includes HBO and Cinemax), U.S. Networks (which includes the majority of the ad-supported cable networks of its predecessors, including Discovery, Scripps Networks Interactive, Turner Broadcasting, and Warner), CNN, Sports (which includes Motor Trend Group, AT&T SportsNet, TNT Sports, and Eurosport, among others), Global Streaming & Interactive Entertainment (which includes the Discovery+ and HBO Max streaming services, and video game publisher Warner Bros. Interactive Entertainment) and International Networks. It also holds a minority stake in The CW and a majority stake in the Food Network (including its spin-off network Cooking Channel), all of which are alongside Nexstar Media Group, and the former alongside Paramount Global.

Background

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Warner Bros., Turner Broadcasting System, Scripps Networks Interactive and Discovery, Inc. have conjoined histories over the years. Warner Bros. was founded in 1923 by four brothers, Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA). In 1965, Turner Broadcasting System was founded by Ted Turner and based in Atlanta, Georgia. A year later, Kinney National Company came into existence and its media division became Warner Communications before merging with Time Inc. in 1990 to become Time Warner. During its time as Warner Communications, the company made a number of further acquisitions.

In 1979, Warner formed a joint venture with credit card company American Express called Warner-Amex Satellite Entertainment. This company owned such cable channels as MTV, Nickelodeon, The Movie Channel, and VH1 (which was launched in 1985 on the channel space left by Turner's Cable Music Channel). Warner bought out American Express's half in 1984 and sold the venture a year later to the original iteration of Viacom, which renamed it MTV Networks (now known as Paramount Media Networks). In 1982, Warner purchased Popular Library from CBS Publications.

Meanwhile, Cable Education Network was founded in 1985 and was renamed to Discovery Communications in 1994. Scripps Networks Interactive was founded in 2008 spun off from E. W. Scripps Company's cable division.

On October 10, 1996, Time Warner acquired the Turner Broadcasting System; but the company later merged with AOL to form AOL Time Warner in 2001 and reverted back to Time Warner name in 2003. Time Warner spun off its cable division (later known as Spectrum owned by Charter Communications) and AOL (now owned by Yahoo) in 2009 and Time, Inc. was spun out in 2013, which was later acquired by Meredith Corporation and is now known as Dotdash Meredith. Discovery Communications acquired Scripps Networks Interactive in March 2018 and was renamed to Discovery, Inc. while AT&T acquired TimeWarner that June. In March 2019, AT&T dissolved the Turner Broadcasting System as part of its reorganization of its media assets.

History

Formation (2021–2022)

On May 16, 2021, Bloomberg News reported that AT&T was considering an offer to divest equity interest in their media subsidiary WarnerMedia (the former Time Warner, which AT&T acquired in 2018 for just over $85 billion in an attempt to become a vertically integrated media conglomerate), and have it merge with Discovery, Inc. to form a new publicly traded company. AT&T and Discovery officially confirmed the agreement the next day; the merger would be structured as a Reverse Morris Trust, with AT&T shareholders holding a 71% interest in the new company's stock and appointing seven board members, and Discovery shareholders holding a 29% interest and appointing six board members. AT&T would receive US$43 billion in cash and debt from the divestment. The merger was expected to be completed in mid-2022.

The new company would be led by Discovery's current CEO, David Zaslav; WarnerMedia's CEO Jason Kilar's position in the new company was uncertain. Zaslav stated that the two companies would spend a combined US$20 billion annually on content (outpacing even Netflix). The company will aim to expand their streaming services, which includes WarnerMedia's HBO Max, to reach 400 million global subscribers. It was stated that the company would aim to achieve $3 billion in cost savings via synergies within two years.

On June 1, 2021, it was announced that the merged company would be known as Warner Bros. Discovery, and an interim wordmark was unveiled with the tagline "The stuff that dreams are made of"—a quote from the 1941 Warner Bros. film The Maltese Falcon. Zaslav explained that the company aimed to be the "most innovative, exciting and fun place to tell stories in the world", and would combine Warner Bros.' "fabled hundred-year legacy of creative, authentic storytelling and taking bold risks to bring the most amazing stories to life" with Discovery's "integrity, innovation and inspiration."

In an SEC filing on November 18, 2021, Discovery Inc. revealed that talks with AT&T had fallen through, in April 2021, due to disagreements over the ownership of the new company between AT&T and Discovery shareholders, and the amount of debt transferred to Discovery when they merged with WarnerMedia, before talks resumed on May 17, 2021.

In November 2021, during an earnings call, Discovery Streaming CEO JB Perrette discussed possible options for its Discovery+ streaming service post-merger, including bundling the service with HBO Max and eventually merging them under a single platform with a mixture of both companies' technologies. He also noted that WBD may prioritize launching Discovery+ and HBO Max as a unified platform in markets where Discovery+ has yet to launch, such as another parts of the Asia-Pacific. On March 14, 2022, Discovery CFO Gunnar Wiedenfels—who would assume the same position post-merger—confirmed that such a transition was a long-term goal.

On December 22, 2021, the transaction was approved by the European Commission. On January 5, 2022, The Wall Street Journal reported that WarnerMedia and Paramount Global (at the time named ViacomCBS) were exploring a possible sale of either a majority stake or all of The CW, and that Nexstar Media Group (which became The CW's largest affiliate group when it acquired former WB co-owner Tribune Broadcasting in 2019) was considered a leading bidder. The news led to speculation that, should a sale take place, new ownership could steer the network in a new direction, transforming The CW from a young adult-oriented network into one that featured more unscripted and even national news programming. However, reports also indicated that WarnerMedia and ViacomCBS could include a contractual commitment that would require any new owner to buy new programming from those companies, allowing them to reap some continual revenue through the network. Network president/CEO Mark Pedowitz confirmed talks of a potential sale in a memo to CW staffers, but added that "It's too early to speculate what might happen" and that the network "must continue to do what we do best."

On January 26, 2022, AT&T CEO John Stankey stated that the merger was expected to close sometime during the second quarter of 2022. On February 1, 2022, it was reported that AT&T had finalized the structure of the merger: WarnerMedia would be spun off pro rata to AT&T's shareholders, and then merge into Discovery Inc. to form the new company. The transaction was approved by the Brazilian antitrust regulator Cade on February 7, followed by the United States Department of Justice on February 9. On March 11, 2022, the merger was approved by Discovery's shareholders. Due to the structure of the merger, it did not require separate approval from AT&T shareholders.

Beginning of operations (2022–present)

In an SEC filing on March 25, 2022, AT&T stated that two-way trading of WBD stock with that of AT&T would begin on April 4, 2022, and that a special dividend would be issued the next day to give AT&T shareholders a 0.24 share in WBD for each share of AT&T common stock they hold. Discovery shareholder Advance Publications holds a 8.16% stake in the combined company. The merger was officially completed on April 8, 2022, with trading beginning on the Nasdaq on April 11. At this time the company unveiled its final logo, designed by Chermayeff & Geismar & Haviv, which features a rendition of Warner Bros.' long-time shield logo.

The combined company retained several top executives from WarnerMedia, including film and television heads Toby Emmerich and Channing Dungey, and HBO and HBO Max chief content officer Casey Bloys. Most of the company's top executive roles are filled by their Discovery counterparts, including Gunnar Wiedenfels as CFO, JB Perrette as president and CEO of global streaming and interactive, and Discovery's chief lifestyle brands officer Kathleen Finch—whose role has been expanded to cover most of the combined company's U.S. linear networks, besides CNN (which was taken over by Chris Licht, replacing the outgoing Jeff Zucker), Magnolia Network (which reports to Bloys, after having previously reported directly to Zaslav under Discovery), and the Turner Sports unit (which would be overseen by the newly-formed Warner Bros. Discovery Sports division).

In an introductory town hall featuring Oprah Winfrey as host, Zaslav stated that the combined company would need to have "one culture" that "starts with people feeling safe, people feeling valued for who they are", as opposed what he described as a culture of internal competition between WarnerMedia's businesses. He also expected that "investment avoidance" via the consolidation of redundant business units (such as streaming) and staff would be one of the main ways that the company would achieve its promised $3 billion in cost savings. On April 21, 2022, Licht and Perrette announced the shutdown of CNN's streaming service CNN+, which had only launched two weeks prior to the completion of the merger; the new leadership considered it to be incompatible with their goal of a unified streaming service for all WBD properties.

In an investors' call on April 26 (concurrent with the first quarter earnings reports for Discovery Inc., its last prior to the merger), Zaslav contrasted the company's streaming businesses with those of Netflix (whose stock saw a decline after a quarterly loss in subscribers), describing Warner Bros. Discovery as being a "far more balanced and competitive company" that would "invest at scale smartly" and not "overspend" on growth and that its streaming businesses would complement its linear television. He stated that HBO Max had "meaningful subscriber churn", and that the planned merger of it with Discovery+ would help to reduce it by offering a broader array of content. It was reported that the company had also suspended scripted development at TBS and TNT, in order to evaluate their strategies moving forward. The following day, Zaslav purchased approximately $1 million worth of WBD stock.

On May 11, 2022, Warner Bros. Discovery eliminated several executive positions carried over from WarnerMedia, including Kids, Young Adults and Classics head Tom Ascheim, and general manager of TBS, TNT, and TruTV head Brett Weitz. These networks will be overseen by Finch as head of U.S. Networks, while the studios under the Kids, Young Adults and Classics division will be moved under Warner Bros. Television. The same day, it announced an agreement with British telecom company BT Group for it to contribute its BT Sport channels into a 50/50 joint venture with its UK Eurosport channels, and eventually merge them. On June 9, WBD named former Discovery and Univision executive Luis Silberwasser as chairman of Sports.

In July 2022, Warner Bros. Pictures Group head Toby Emmerich stepped down from his role and launched a new production company at Warner Bros. studio, focused on film, television and streaming. As part of a new long-range strategy, Warner Bros. Pictures Group is being broken out into three distinct business segments with Warner Bros. Pictures/New Line Cinema, Warner Bros. Feature Animation, and DC-Based Film Production each under separate leadership. Former MGM executives Michael De Luca and Pamela Abdy became the co-chairpersons and CEOs of Warner Bros. Pictures Group and New Line Cinema, and will temporarily oversee the DC-Based Film Production and Warner Bros. Feature Animation units until new executives are named for the positions. WBD delivered its second-quarter earnings report on August 4, 2022. Ahead of the report, the company performed multiple cuts to HBO Max throughout July and early-August, including cutting new programming development in much of Europe, live-action children's programming development, and direct-to-streaming films—leading to the notable August 3 cancellations of the nearly-completed films Batgirl and Scoob! Holiday Haunt as tax write-offs, and the quiet removals of multiple HBO Max original films from the platform and its upcoming releases.

In the second quarter of 2022, WBD took $9.8 billion in revenue and a net loss of $2.2 billion pro forma, primarily from integration and restructuring expenses. The company took $825 million in write-offs on "content impairments and development". The company confirmed cuts to children's programming development, and abandoned the production of direct-to-streaming films for HBO Max—with Zaslav arguing that they lacked economic value and impact in comparison to theatrical releases. WBD renewed its contracts with Bloys and other key HBO executives, with Zaslav praising his performance as chief content officer. Zaslav stated that a "10-year plan" was in development for DC Films, modeled after those of Marvel Studios, while Perrette stated that the planned merger of Discovery+ and HBO Max would occur by summer 2023 in the United States, with other markets to follow.

HBO subsequently faced a reorganization on August 15 to dismantle most of HBO Max's autonomous units, with HBO Max's head of comedy Suzanna Makkos now reporting to HBO's head of comedy Amy Gravitt, and layoffs within HBO Max's non-scripted, live-action family entertainment, international originals, and casting units, as well as HBO's acquisitions unit. HBO Max also continued to remove and cancel some of its lesser-viewed original programming, particularly family-oriented and animated series.

Assets

Warner Bros. Discovery consists of nine primary business divisions:

• Warner Bros. Entertainment consists of assets including Warner Bros. Theatre Ventures, Turner Entertainment, The Wolper Organization, WaterTower Music and Warner Bros. Studio Operations.
  • Warner Bros. Pictures Group consists of the company's filmed entertainment and theatrical entertainment businesses, including Warner Bros. Pictures, New Line Cinema, DC Films, Warner Animation Group, and Castle Rock Entertainment. The division is led by former MGM executives Michael De Luca and Pamela Abdy.
  • Warner Bros. Television Group consists of domestic and international network of television production companies, including the flagship Warner Bros. Television label, alongside Telepictures, Alloy Entertainment, Warner Bros. Animation, Cartoon Network Studios, Williams Street, and Warner Horizon Unscripted Television. The division is also responsible for 50% of All3Media and 12.5% of The CW. The division is led by Channing Dungey.
• Home Box Office, Inc. is the parent company of the HBO and Cinemax pay television services. The division is led by Casey Bloys, who also serves as chief content officer for HBO and streaming service HBO Max, and oversees the former Discovery joint venture Magnolia Network.
• CNN Global operates the CNN news channel and other global broadcast news assets owned by Warner Bros. Discovery, including sister network HLN and various international CNN branches. The division is led by Chris Licht.
• DC Entertainment consists of the comic book publisher DC Comics and its associated intellectual properties. The unit works with other divisions of Warner Bros. Discovery on content adapted from its properties, such as films, television series and video games.
• Warner Bros. Discovery Networks owns and/or operates most of the company's linear cable networks in the United States, including the former brands of Discovery Communications channels (such as Discovery Channel, TLC, Animal Planet, OWN, and Investigation Discovery), Scripps Networks Interactive channels (such as Food Network and Cooking Channel with Nexstar Media Group, and HGTV), and Turner Broadcasting System channels (including TBS, TNT, TruTV, Turner Classic Movies, and Cartoon Network/Adult Swim among others). The division is led by Kathleen Finch.
• Warner Bros. Discovery Sports manages the company's global broadcast sports businesses, including Motor Trend Group, MLB Network, NBA TV and AT&T SportsNet in the United States, Eurosport in Europe, TNT Sports in Latin America and Warner Bros. Discovery Golf (which includes the international GolfTV streaming service, and golf publication Golf Digest). This division is led by Luis Silberwasser.
• Warner Bros. Discovery Global Streaming & Interactive Entertainment manages the operations of the company's direct-to-consumer platforms, online brands and gaming businesses, including the streaming services HBO Max and Discovery+, video game publisher Warner Bros. Interactive Entertainment, and the digital media company Otter Media. The division is led by JB Perrette.
• Warner Bros. Discovery Global Brands and Experiences manages Warner Bros. theme parks and studio tours. Additional business segments include divisions responsible for Global Content Distribution (which comprises Warner Bros. Worldwide Television Distribution and Warner Bros. Home Entertainment) and Advertising Sales. The division is led by Bruce Campbell, who serves as the company's Chief Revenue Officer.
• Warner Bros. Discovery International focuses on local and regional variations that pipelined with global market through operations for its domestic television channels, including region-specific operations such as TVN Group in Poland and Three in New Zealand, as well as responsible for the distribution of linear networks from CNN Global and Warner Bros. Discovery Sports. The division is led by Gerhard Zeiler. It is split into four regional hubs: Warner Bros. Discovery Asia-Pacific, Warner Bros. Discovery EMEA, TVN Warner Bros. Discovery (Poland), and Warner Bros. Discovery Americas.

Leadership

References

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External links

• Official website
• Business data for Warner Bros. Discovery:
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  • SEC filings
  • Yahoo!

v t e Warner Bros. Discovery
Executives	Board of directors Samuel DiPiazza (Chairman) David Zaslav (CEO) Robert Bennett Li Haslett Chen Richard Fisher Paul Gould Debra Lee John C. Malone Fazal Merchant Paula Price Geoff Yang Senior management David Zaslav (President and CEO) Michael De Luca Pamela Abdy Channing Dungey Casey Bloys Kathleen Finch Sir Mark Thompson JB Perrette Gerhard Zeiler David Decker
Warner Bros. Entertainment	Warner Bros. Motion Picture Group Warner Bros. Pictures New Line Cinema DC Studios Warner Bros. Pictures Animation Castle Rock Entertainment Discovery Films Spyglass Media Group (minority) Flagship Entertainment Group (49%) Warner Bros. Studios Burbank Leavesden Warner Bros. Television Group United States Warner Bros. Television Warner Horizon Unscripted Television Telepictures A Very Good Production Alloy Entertainment Blue Ribbon Content Cartoon Network Studios Williams Street Warner Bros. Animation The CW (12.5%) The CW Plus CW Seed International Warner Bros. International Television Production Netherlands UK Ricochet Twenty Twenty Television Wall to Wall Hanna-Barbera Studios Europe Spain Australia CN LA Original Productions Other units Warner Bros. Theatre Ventures WaterTower Music Fandango Media (25% with NBCUniversal) Fandango Movieclips Movies.com MovieTickets.com Rotten Tomatoes Fandango Latam Vudu Ritmo 95.7 Turner Entertainment Co. Wolper Organization
U.S. linear networks	Factual and Lifestyle Group American Heroes Channel Animal Planet Discovery Channel Discovery en Español Discovery Life Food Network Cooking Channel HGTV Hogar de HGTV Magnolia Network Oprah Winfrey Network (95%) Entertainment Group Destination America HLN Investigation Discovery Science Channel TBS TCM TLC TNT Travel Channel TruTV Kids & Family Group (The Cartoon Network, Inc.) Boomerang Cartoon Network Adult Swim Adult Swim Games Toonami Cartoonito brand Discovery Family (60%) Discovery Familia FAST channels Free TV Networks The365 Outlaw Dare (50%) VCR Action VCR Haha WBTV Watchlist Keeping It Real All Together Sweet Escapes Paws & Claws Slice of Life Welcome Home At the Movies How To Supernatural Crime Series Mysteries Love & Marriage Family Rules Cartoon Rewind
Home Box Office	HBO HBO Kids block Cinemax Production HBO Films HBO Documentary Films
CNN Worldwide	CNN CNN-News18 CNN Türk CNN Business CNN International EMEA Asia-Pacific South Asia CNN en Español CNN Headlines CNN Fast Production CNN Films Licensed A2 CNN Antena 3 CNN CNN Chile CNN Brazil CNN Indonesia CNN Philippines (defunct) CNN Portugal CNN Prima News N1
TNT Sports	Bleacher Report NBA TV Motor Trend TV MLB Network (16.67%) Golf Digest Golf World
Global Streaming & Games	Streaming Services CNNgo Discovery+ HBO Go Max Player.pl TVN24 GO TVN24.pl Kontakt 24 TVN Warszawa TVN Meteo TVN Zdrowie ThreeNow BluTV Warner Bros. Games Avalanche Software Cartoon Network Games Monolith Productions NetherRealm Studios Player First Games Portkey Games Rocksteady Studios TT Games Traveller's Tales WB Games Boston WB Games Montréal Vox Media (minority)
Global Experiences	Consumer Products Themed Entertainment Warner Bros. Movie World Parque Warner Madrid Warner Bros. World Abu Dhabi Studio Tours Hollywood London The Wizarding World of Harry Potter Harry Potter: The Exhibition Content Sales & Distribution Television Distribution Domestic International Home Entertainment Studio Distribution Services (50%) The Burbank Studios DC Entertainment DC Comics DC Black Label DC's Young Animal Milestone Media WildStorm DC Universe Infinite Mad
International Networks	v t e Warner Bros. Discovery Americas USA headquarters: Miami LATAM headquarters: Buenos Aires, Mexico City, Santiago, São Paulo, Bogotá Canada Adult Swim Boomerang Cartoon Network Discovery Channel Food Network HGTV HBO Investigation Discovery Magnolia Network Latin America, the Caribbean and Brazil Adult Swim Cartoon Network Cartoonito Cinemax Discovery Home & Health Kids Science Theater HD Turbo World HD Food Network Golf Channel HBO + 2 Brasil Caribbean Family Mundi Pop Signature Xtreme HGTV HTV ID Space TCM TLC TNT Novelas Series TNT Sports Argentina Brazil Chile Mexico Tooncast Warner TV v t e Warner Bros. Discovery Asia-Pacific Headquarters: Singapore Pan-Asia Animal Planet Asian Food Network Cartoon Network Cartoonito Discovery Asia Discovery Channel Discovery Science DMAX Eurosport Asia Pacific EVE Food Network TLC Travel Channel East Asia Cartoon Network Japan Korea Taiwan Cartoonito Korea Mondo TV (Japan) Tabi Channel South Asia Cartoon Network India HD+ Pakistan Pogo Animal Planet India Discovery Channel India HGTV India Travel Channel Food Network DTamil India Discovery Science India Discovery Turbo India Discovery Kids India Eurosport India Investigation Discovery TLC India Southeast Asia Boomerang Thailand Cartoon Network Asia Philippines Cartoonito Asia Cinemax Asia HBO Asia Family Hits Signature World Heritage Channel Warner TV Australasia Animal Planet Cartoon Network Discovery Discovery Turbo Investigation Discovery TLC Australia 9Rush (co-owned with Nine) Boomerang New Zealand Bravo Eden HBO Living Rush Three Online Discovery+ (India only) Max Asia ThreeNow Defunct Breeze TV C4 C42 China Entertainment Television (36%) The Edge TV Food Network NZ Four + 1 Imagine TV Imagine Showbiz Lumiere Movies Mondo Mah-jong Newshub Oh!K Red by HBO Setanta Sports Asia Tabi Tele ThreeLife + 1 v t e Warner Bros. Discovery EMEA Headquarters: London and Amsterdam France, Belgium & Switzerland Boomerang Cartoon Network Cartoonito Discovery Channel Discovery Investigation Eurosport 1 2 TCM Cinéma TLC Warner TV Warner TV Next Germany, Benelux & CEE Animal Planet Germany Netherlands & Flanders Cartoon Network Central & Eastern Europe Western Europe Cartoonito Discovery Flanders Germany Hungary Netherlands Romania CIS Discovery Science Netherlands DMAX (Germany) Eurosport 1 2 2 Xtra HGTV Netherlands Investigation Discovery Tele 5 (Germany) TLC Germany MENA Netherlands Romania Warner TV Czech Republic Germany Comedy Film Serie Romania Travel Channel Italy Boing Boomerang Cartoon Network Cartoonito Discovery Channel DMAX Eurosport 1 2 Frisbee Giallo K2 Motor Trend Nove Real Time Warner TV Scandinavia Animal Planet Cartoon Network Cartoonito Discovery Denmark Finland Sweden Norway Eurosport 1 2 Discovery Science TLC Sweden Norway Travel Channel Denmark 6'eren Canal 9 Kanal 4 Kanal 5 Max Finland Frii Kutonen TV5 Kanal 5 Kanal 9 Kanal 11 Norway FEM REX Travel Channel TVNorge VOX Sweden Kanal 5 Kanal 9 Kanal 11 Iberia Boing Spain Cartoon Network Portugal Cartoonito Portugal Discovery Portugal Spain DMAX Spain HGTV Portugal Investigation Discovery Portugal TCM Spain Warner TV Spain UK & Ireland Adult Swim Animal Planet Boomerang Cartoon Network Cartoonito Discovery Discovery History Discovery Science Discovery Turbo DMAX Eurosport 1 Eurosport 2 Food Network HGTV Investigation Discovery Quest Quest Red Really TLC TNT Sports TNT Sports 4 TNT Sports Box Office Turkey Cartoon Network Cartoonito DMAX Eurosport 1 Eurosport 2 TLC Middle East & Africa Asharq Discovery Boing (Africa) Cartoon Network Africa Arabic Hindi MENA Cartoonito Toonami (Africa) TNT Africa Warner TV Defunct Boomerang Germany Boomerang Spain Cartoonito Spain Cartoon Network Spain Discovery Science DTX TCM Scandinavia, Netherlands & Flanders TCM UK & Ireland TNT Benelux TNT Sweden v t e TVN Warner Bros. Discovery Headquarters: Warsaw TV channels TVN TVN 7 TVN24 TVN24 BiS TVN Fabuła iTVN iTVN Extra TVN Style TVN Turbo TTV Food Network HGTV Travel Channel Discovery Discovery Science Animal Planet TLC Discovery Life ID DTX Discovery Historia Metro Eurosport 1 Eurosport 2 HBO HBO 2 HBO 3 Cinemax Cinemax 2 Warner TV Cartoon Network Cartoonito Online services Max Player.pl TVN24 GO TVN24.pl Kontakt 24 TVN Warszawa TVN Meteo TVN Zdrowie Other assets TVN Film Platforma Canal+ Warner Bros. Entertainment Polska
Former units	from WB Crunchyroll DramaFever eleveneleven Hooq (17.5%) In2TV Midway Games New Line Home Entertainment Infinifilm Outright Distribution Quibi Rooster Teeth (Global Streaming & Interactive Entertainment) Shed Productions Snowblind Studios Stage 13 Surreal Software The WB The WB 100+ Station Group Warner Premiere Raw Feed Warner Bros. Family Entertainment Warner Bros. Global Kids, Young Adults and Classics Warner Independent Pictures DC Universe Warner Max Watershed Television Yalli Productions from Turner Audience Network AT&T SportsNet Root Sports Northwest (29%) Pittsburgh SportsNet Rocky Mountain Southwest Boomerang (Latin America) Cable Music Channel Cartoon Network Too CNN+ CNN+ (Channel) CNNfn CNNSI CNN Airport CNX FilmStruck Game Show Network (42%) Great Big Story Hulu (10%) iStreamPlanet LazyTown Entertainment Oh!K Retro Super Deluxe Studio T Toonami Channel (Asia) Toonami India Toonami UK TNT Sweden TCM South East Asia TCM Northern Europe Turner Program Services Turner South WB Channel Woohoo (Brazil) Universal Wrestling Corporation WPCH-TV from HBO Festival HBO Boxing Pay-Per-View HBO Defined (India) HBO Downtown Productions HBO en Español HBO España HBO Hits HBO Home Entertainment HBO Independent Productions HBO Latin America Group HBO Netherlands HBO Nordic HBO Now HBO NYC Productions HBO Portugal Red by HBO Take 2 Time Life Television from Discovery & Scripps All3Media 3net 7food network Animal Planet Italy Canal 8 Sport Canal+ Discovery (Poland) Discovery Channel Radio Discovery Civilization Discovery Digital Networks Discovery Family (France) Discovery Geschichte Discovery Health Channel Discovery Home & Health Southeast Asia UK & Ireland Discovery Kids Australia Canada Southeast Asia United Kingdom Discovery Kids on NBC Discovery Networks CEEMEA Northern Europe Discovery People Discovery Real Time France UK and Ireland Discovery Shed Discovery Showcase HD Discovery Travel & Living Europe Discovery Turbo Asia Discovery Wings Discovery World Europe DKids Dplay Eurosport 360° Eurosport 2 Xtra Portugal Eurosport DK Eurosport News Eurosport Pluss (Norway) Fine Living Europe FitTV Focus Food Network New Zealand FYI Canada GB News (minority) Great American Country Good Food GolfTV GXT Joyn Motor Trend Group PixL Quest Arabiya Ready Set Learn! SBS Radio Nordic Setanta Sports Asia Vivolta (France)
See also	AT&T's WarnerMedia Kinney National Company Time Inc. AOL Turner Broadcasting System Discovery, Inc. Discovery Holding Company Scripps Networks Interactive

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