Warner Bros. Discovery

About

Discovery is a multinational mass media factual television company covering science, history, geography, survival, and more.

New York,New York,United States
5001 - 10000

Highlights

Details

Last Funding Type: IPO
Industries: Advertising,Broadcasting,Digital Entertainment,Digital Media,Media and Entertainment
Founded date: Jun 17, 1985
Number Of Employee: 5001 - 10000
Operating Status: Active
Stock Symbol: nasdaq:WBD
Legal Name: Warner Bros. Discovery, Inc.
Also Known As: Discoveries

Discovery is a global mass media and entertainment company.

The company operates through U.S. networks; international networks; education; and other segments. It owns and operates television networks under many brand names, including Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids.

The company’s content genres include survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. It distributes content across various platforms such as brand-aligned websites, web-native networks, online streaming, mobile devices, video on demand (VOD), and broadband channels; and operates radio stations and websites. In addition, it provides access to an online suite of curriculum-based VOD tools, professional development services, digital textbooks, and student assessments through subscriptions for K-12 schools; and publishes hard copy curriculum-based content. It also operates production studios that develop television content for television service providers.

Discovery Communications was founded on June 17, 1985, and is headquartered in Silver Spring, Maryland.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

—

Warner Bros. Discovery has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jul 15, 2005 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 15, 2005	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

25

14

Warner Bros. Discovery has made 25 investments. Their most recent investment was on Jan 10, 2022, when OpenAP raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 10, 2022 OpenAP	Corporate Round	—	Advertising	Yes
Jan 19, 2021 BluTV	Corporate Round	—	Internet	Yes
Jan 6, 2021 GB News	Series A	£60M	Content	Yes
Sep 9, 2019 Group Nine Media	Series Unknown	$50M	Advertising	Yes
Jun 3, 2019 FloSports	Series C	$47.20M	Advertising	Yes

Employee Profiles

Number of Employee Profiles

70

Warner Bros. Discovery has 70 current employee profiles, including Executive Joseph Ambeault

Executive

Board member

Employee

Executive

Board member

Exits

Warner Bros. Discovery has had 7 exits. Warner Bros. Discovery most notable exits include Joyn GmbH , Group Nine Media

Date	Company Name	Exit Type	Industry
Sep 13, 2022	Joyn GmbH	M&A	Content	Detail
Dec 13, 2021	Group Nine Media	M&A	Advertising	Detail
Jul 2, 2021	Sharecare	M&A	Consumer	Detail
Apr 28, 2020	DivvyCloud	M&A	Cloud Computing	Detail
Jan 23, 2019	New Form Digital	M&A	Content Creators	Detail

Acquisition

Warner Bros. Discovery has acquired 22 organizations. Their most recent acquisition was Travel Channel on Dec 1, 1997. They acquired Travel Channel for 0.

Date Company Name	Industry	Acquisition Type	Price
Dec 1, 1997 Travel Channel	Broadcasting	—	—	Detail
Aug 16, 2004 AIMS Multimedia	Education	acquisition	—	Detail
Aug 23, 2004 Charles W. Clark Co	Education	acquisition	—	Detail
Apr 26, 2006 Antenna International	Audio	acquisition	—	Detail
May 1, 2006 Academy123	Content	acquisition	—	Detail