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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

DC Comics, owned by Warner Bros Discovery Inc (NASDAQ:WBD),  has maintained the trademark rights to Batman's logo following a dispute with an Italian clothing retailer. Commerciale Italiana wanted to freedom to use the caped crusader's logo, which was registered with the European Intellectual Property Office (EUIPO) over 20 years ago, for clothing and carnival items.

Batman wins trademark dispute against Italian retailer

CNN parted ways with Chief Executive Chris Licht, ending a tenure of a little over a year that was marked by a series of perceived missteps.

CNN Chief Executive Chris Licht Is Out

NEW YORK , June 7, 2023 /PRNewswire/ -- Warner Bros. Discovery (Nasdaq: WBD) today announced that Chris Licht, Chairman and CEO of CNN Worldwide, has stepped down, effective immediately.

CHRIS LICHT STEPS DOWN AS CHAIRMAN AND CEO OF CNN WORLDWIDE

CNN CEO Chris Licht will be leaving the media company, news website Puck reported on Wednesday.

CNN CEO Chris Licht to leave - report

CNN CEO Chris Licht will reportedly step down. Licht has faced criticism from inside and outside the company on his leadership.

Embattled CNN CEO Chris Licht is reportedly stepping down

NEW YORK , June 7, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros. Discovery Announces Commencement of Cash Tender Offer for up to $500,000,000 Aggregate Principal Amount of Floating Rate Notes due 2024 Issued by WarnerMedia Holdings, Inc.

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CNN CEO Chris Licht apologized to employees during an internal Monday morning call, vowing to earn staffers' trust, sources said.

CNN CEO Chris Licht apologizes to staff during internal Monday morning call

Warner Bros. Discovery Inc. (NASDAQ: WBD) stock has fallen 24% in the past three months.

Warner Bros Discovery Stock Collapses

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PayPal continues to slump as growth in the core business slows. Warner Bros. Discovery is facing a new challenge in the writers' strike.

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CNN's hiring of David Leavy as its new chief operating officer highlights the bond between CNN CEO Chris Licht and Warner Bros. Discovery CEO David Zaslav.

CNN's new COO hire underscores bond between CEO Chris Licht and WBD boss David Zaslav

Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide, effective June 20, the media network said on Thursday.

CNN Worldwide appoints Warner Bros Discovery's David Leavy as COO

Liberty Global Ltd

The owners of All3Media (ALLMD.UL), Britain's largest independent TV production company, are exploring options that include cashing out on their joint venture in a deal worth more than 1 billion pounds ($1.26 billion), three people familiar with the matter said.

Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources

Warner Bros. Discovery's (WBD) Max announces a deep catalog of movies and crime tv with kids and family offering.

Warner Bros. Discovery's (WBD) Max Announces Content Catalog

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May was only a so-so month for most S&P 500 investors. But some investors who hit the tech-stock boom just right this month did really well.

Five Stocks Turn $10,000 To $44,175 In Five Months

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Should You Invest in Warner Bros. Discovery (WBD) Based on Bullish Wall Street Views?

Warner Bros. Discovery excites investors with its relaunched Max streaming service as it attempts to reach profitability in its US DTC segment this year. The company's weak Q1 performance has worsened the execution risks in meeting analysts' free cash flow projections for FY23.

Warner Bros. Discovery: Yes, Time To Catch The Falling Knife

Warner Bros. Discovery's streaming service Max may only be hours into its rollout, but it quickly came under fire by top Hollywood guilds for the way it credits writers and directors.

Warner Bros. apologizes for mislabeling writers, directors as Max launches

The rebranding of HBO Max and Discovery+ into Max could be the start of a much needed consolidation of the streaming industry.

The Launch Of Max Could Bring About More Streaming Partnerships

Warner Bros Discovery, Inc. (NASDAQ:WBD ) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call May 24, 2023 8:00 AM ET Company Participants Gunnar Wiedenfels - Senior EVP & CFO Conference Call Participants Philip Cusick - JPMorgan Chase & Co. Philip Cusick Good morning.

Warner Bros Discovery, Inc. (WBD) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call Transcript

WBD CEO David Zaslav hinted that streaming's future might require packaging streaming services with competitors. This new/old bundling approach might make sense.

Warner Bros. Discovery's Zaslav Floats Streaming ‘Super Bundle': Can It Happen?

Disney

Netflix

Walt Disney is zeroing in on its streaming costs. Netflix sees opportunities in cloud gaming.

Why Walt Disney, Netflix, and Warner Bros. Discovery Are No-Brainer Buys Right Now

Warner Bros Discovery has made its move, officially launching the highly anticipated Max streaming service on Tuesday, May 23. The new service is the result of a merger between AT&T's WarnerMedia and Discovery, forming the entertainment giant Warner Bros.

Warner Bros Discovery's much-hyped Max launches with a couple hiccups

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Bank of America is getting more bullish on S&P 500 stocks. Just not the ones that have been driving the S&P 500 higher all year.

Bank Of America Upped Its Forecast For Stocks — Just Not The Ones You Think

When the HBO Max streaming service relaunches on Tuesday as “Max,” Warner Bros Discovery Inc will learn whether mixing critically acclaimed dramas with reality fare that some might describe as a "guilty pleasure" will attract more subscribers.

News for Warner Bros Discovery Inc Stock (WBD)