Warner Bros. Discovery Files 8-K for Material Agreement
Ticker: WBD · Form: 8-K · Filed: May 17, 2024 · CIK: 1437107
| Field | Detail |
|---|---|
| Company | Warner Bros. Discovery, Inc. (WBD) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
Related Tickers: WBD
TL;DR
WBD just signed a big deal, could affect their cash flow.
AI Summary
On May 17, 2024, Warner Bros. Discovery, Inc. entered into a material definitive agreement related to a financial obligation. The company, formerly known as Discovery, Inc., filed a Form 8-K to report this event. Specific details of the agreement and the financial obligation were not disclosed in the provided text.
Why It Matters
This filing indicates a significant new financial commitment or agreement for Warner Bros. Discovery, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, suggesting potential financial risk or opportunity that is not yet fully detailed.
Key Players & Entities
- Warner Bros. Discovery, Inc. (company) — Registrant
- Discovery, Inc. (company) — Former company name
- May 17, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Warner Bros. Discovery, Inc. on May 17, 2024?
The filing states that Warner Bros. Discovery, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.
What type of financial obligation is reported in this 8-K filing?
The filing reports the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant.
What was Warner Bros. Discovery, Inc. formerly known as?
Warner Bros. Discovery, Inc. was formerly known as Discovery, Inc. and prior to that, Discovery Communications, Inc.
What is the filing date and the period of report for this 8-K?
The filing date and the conformed period of report are both May 17, 2024.
Where is Warner Bros. Discovery, Inc. incorporated and what is its IRS number?
The company is incorporated in Delaware and its IRS Employer Identification Number is 35-2333914.
Filing Stats: 1,235 words · 5 min read · ~4 pages · Grade level 9.3 · Accepted 2024-05-17 16:05:42
Filing Documents
- d817509d8k.htm (8-K) — 35KB
- d817509dex11.htm (EX-1.1) — 193KB
- d817509dex42.htm (EX-4.2) — 225KB
- d817509dex51.htm (EX-5.1) — 12KB
- d817509dex52.htm (EX-5.2) — 58KB
- d817509dex53.htm (EX-5.3) — 17KB
- g817509g0517033307454.jpg (GRAPHIC) — 2KB
- g817509g0517033433875.jpg (GRAPHIC) — 10KB
- g817509g0517033446903.jpg (GRAPHIC) — 4KB
- g817509g0517033447307.jpg (GRAPHIC) — 6KB
- g817509g0517033447488.jpg (GRAPHIC) — 2KB
- g817509g0517033447670.jpg (GRAPHIC) — 3KB
- g817509g0517033447858.jpg (GRAPHIC) — 5KB
- g817509page105a.jpg (GRAPHIC) — 4KB
- 0001193125-24-141713.txt ( ) — 832KB
- wbd-20240517.xsd (EX-101.SCH) — 3KB
- wbd-20240517_lab.xml (EX-101.LAB) — 17KB
- wbd-20240517_pre.xml (EX-101.PRE) — 11KB
- d817509d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. The exhibits (except Exhibit 104) to this Current Report on Form 8-K are incorporated by reference into the Registration Statement. (d) Exhibits Exhibit Number Description 1.1 Underwriting Agreement, dated as of May 14, 2024, among WarnerMedia Holdings, Inc., Warner Bros. Discovery, Inc., Discovery Communications, LLC, Scripps Networks Interactive, Inc., and Barclays Bank PLC, Deutsche Bank AG, London Branch and Goldman Sachs & Co. LLC, as representatives of the several underwriters named therein. 4.1 Base Indenture, dated as of March 10, 2023, among WarnerMedia Holdings, Inc., Warner Bros. Discovery, Inc. and U.S. Bank Trust Company, National Association, as trustee (incorporated by reference to Exhibit 4.1 to WBD's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 10, 2023). 4.2 Second Supplemental Indenture, dated as of May 17, 2024, among WarnerMedia Holdings, Inc., Warner Bros. Discovery, Inc., Discovery Communications, LLC, Scripps Networks Interactive, Inc., Elavon Financial Services DAC, UK Branch, as paying agent, and U.S. Bank Trust Company, National Association, as trustee. 5.1 Opinion of Debevoise & Plimpton LLP 5.2 Opinion of Potter Anderson & Corroon LLP 5.3 Opinion of Womble Bond Dickinson (US) LLP 23.1 Consent of Debevoise & Plimpton LLP (contained in Exhibit 5.1) 23.2 Consent of Potter Anderson & Corroon LLP (contained in Exhibit 5.2) 23.3 Consent of Womble Bond Dickinson (US) LLP (contained in Exhibit 5.3) 104 Cover Page to this Current Report on Form 8-K in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 17, 2024 WARNER BROS. DISCOVERY, INC. By: /s/ Gunnar Wiedenfels Name: Gunnar Wiedenfels Title: Chief Financial Officer