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 | Delve into WBD's navigation of evolving media trends, balancing traditional networks with streaming services, and adapting to macroeconomic factors shaping the industry |
Global Media Assets | Explore WBD's diverse portfolio, including valuable sports broadcasting rights, lifestyle networks, and European presence, positioning the company for potential growth |
Financial Outlook | Despite current challenges, WBD shows promise with projections of improving EPS and Studios segment profitability, with analyst price targets ranging from $9 to $18 |
Strategic Shift | Warner Bros. Discovery's reorganization into two divisions signals potential for increased M&A activity and improved operational efficiency in a competitive media landscape |
Metrics to compare | WBD | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipWBDPeersSector | |
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P/E Ratio | −2.9x | −7.9x | 6.5x | |
PEG Ratio | 0.01 | −0.04 | 0.01 | |
Price / Book | 0.9x | 1.2x | 1.8x | |
Price / LTM Sales | 0.8x | 1.0x | 1.5x | |
Upside (Analyst Target) | 9.8% | 47.1% | 17.6% | |
Fair Value Upside | Unlock | 20.1% | 14.1% | Unlock |