Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming. The Network segment comprises domestic and international television networks. The DTC segment offers premium pay-tv and streaming services. In addition, the company offers portfolio of content, brands, and franchises across television, film, streaming, and gaming under the Warner Bros. Motion Picture Group, Warner Bros. Television Group, DC, HBO, HBO Max, Max, Discovery Channel, discovery+, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, Adult Swim, Turner Classic Movies, Television Group, Hanna-Barbera, Harry Potter, DC, Looney Tunes, Scooby-Doo, Game of Thrones, Friends, and others brands. Further, it provides content through distribution platforms, including linear network, free-to-air, and broadcast television; authenticated GO applications, digital distribution arrangements, content licensing arrangements, and direct-to-consumer subscription products. Warner Bros. Discovery, Inc. was incorporated in 2008 and is headquartered in New York, New York.
Industry Dynamics | Learn about WBD's position in the evolving media landscape, balancing its diverse portfolio against the shift towards streaming and digital platforms |
CEO Compensation Shift | Uncover how the new CEO incentive plan aligns with shareholder interests, potentially driving aggressive value-creating initiatives pre-split |
Financial Outlook | Delve into WBD's mixed financial performance, with EPS forecasts indicating near-term earnings pressure amid a stable market capitalization |
Strategic Split | Explore Warner Bros. Discovery's transformative company split, its potential impact on valuation, and the challenges in executing this complex corporate restructuring |
Metrics to compare | WBD | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipWBDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 147.8x | 18.3x | 5.8x | |
PEG Ratio | 1.42 | −0.20 | 0.01 | |
Price / Book | 2.0x | 1.6x | 1.8x | |
Price / LTM Sales | 1.9x | 0.9x | 1.4x | |
Upside (Analyst Target) | −3.9% | 38.2% | 31.6% | |
Fair Value Upside | Unlock | 16.1% | 15.7% | Unlock |