Warner Bros. Discovery, Inc.WBD

Warner Bros. Discovery operates through three core divisions: Studios, Networks, and Direct-to-Consumer (DTC). The Studios segment produces and licenses feature films, television programming, interactive games, and themed attractions. The Networks division manages a global portfolio of channels, while DTC delivers premium subscription streaming. The company holds an extensive IP library, including DC, HBO, Max, Discovery, CNN, HGTV, and franchises like Batman, Harry Potter, and Game of Thrones.