Warner Bros. Discovery Reports Officer Changes and Financials
Ticker: WBD · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1437107
| Field | Detail |
|---|---|
| Company | Warner Bros. Discovery, Inc. (WBD) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $20 million, $1.8 million, $240,000, $105,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, financial-reporting
Related Tickers: WBD
TL;DR
WBD filed an 8-K on Jan 14th detailing exec changes and financials, effective Jan 8th.
AI Summary
Warner Bros. Discovery, Inc. filed an 8-K on January 14, 2025, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also includes Regulation FD disclosures and financial statements/exhibits, with the earliest event reported being January 8, 2025.
Why It Matters
This filing provides crucial updates on the company's leadership and financial reporting, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting routine corporate events and disclosures, not indicating immediate financial distress or significant new risks.
Key Players & Entities
- Warner Bros. Discovery, Inc. (company) — Registrant
- January 8, 2025 (date) — Earliest event reported
- January 14, 2025 (date) — Date of report
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific positions are not detailed in the provided excerpt.
Are there any new financial statements or exhibits included with this filing?
Yes, the filing explicitly lists 'Financial Statements and Exhibits' as an item of information.
What is the Commission File Number for Warner Bros. Discovery, Inc.?
The Commission File Number for Warner Bros. Discovery, Inc. is 001-34177.
What is the state of incorporation for Warner Bros. Discovery, Inc.?
Warner Bros. Discovery, Inc. is incorporated in Delaware.
Does this filing pertain to any compensatory arrangements for officers?
Yes, the filing explicitly mentions 'Compensatory Arrangements of Certain Officers' as an item of information.
Filing Stats: 1,262 words · 5 min read · ~4 pages · Grade level 10.2 · Accepted 2025-01-14 16:39:21
Key Financial Figures
- $20 million — 024, the Company received approximately $20 million in revenue from SoFi. The Company has h
- $1.8 million — iod, the Company received approximately $1.8 million in revenue from Angi. Each of Mr. Not
- $240,000 — stock retainers granted in 2025 will be $240,000 and the cash retainers will be $105,000
- $105,000 — $240,000 and the cash retainers will be $105,000, in accordance with -2- the changes
Filing Documents
- disca-20250108.htm (8-K) — 37KB
- wbdboardappointmentspres.htm (EX-99) — 7KB
- disca-20250108_g1.jpg (GRAPHIC) — 113KB
- wbdboardappointmentspres001.jpg (GRAPHIC) — 233KB
- wbdboardappointmentspres002.jpg (GRAPHIC) — 212KB
- 0001437107-25-000004.txt ( ) — 1125KB
- disca-20250108.xsd (EX-101.SCH) — 3KB
- disca-20250108_def.xml (EX-101.DEF) — 16KB
- disca-20250108_lab.xml (EX-101.LAB) — 28KB
- disca-20250108_pre.xml (EX-101.PRE) — 16KB
- disca-20250108_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure On January 14, 2025, the Company issued a press release announcing Mr. Noto and Mr. Levin's appointments to the Board. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing. -3-
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release of Warner Bros. Discovery, Inc., dated January 14, 2025 101 Inline XBRL Instance Document - the instance document does not appear in the Interactive Date File because its XBRL tags are embedded within the Inline XBRL document 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) -4-
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. Warner Bros. Discovery, Inc. Date: January 14, 2025 By: /s/ Tara L. Smith Tara L. Smith Executive Vice President and Corporate Secretary -5-