Warner Bros. Discovery Files 2023 10-K
Ticker: WBD · Form: 10-K · Filed: 2024-02-23T00:00:00.000Z
Sentiment: neutral
Topics: earnings, 10-K, media, entertainment
TL;DR
**WBD just dropped its 2023 10-K, giving us the full financial picture for the year!**
AI Summary
Warner Bros. Discovery, Inc. (WBD) filed its 10-K on February 23, 2024, for the fiscal year ended December 31, 2023. The filing details the company's financial position and operations as a major player in cable and pay television services. The company, formerly known as Discovery, Inc. and Discovery Communications, Inc., operates from its business address at 230 Park Avenue South, New York, NY.
Why It Matters
This filing provides crucial transparency into the financial health and strategic direction of a global media and entertainment giant, impacting investors, competitors, and the broader entertainment industry.
Risk Assessment
Risk Level: medium — The media industry faces ongoing challenges from streaming competition and evolving consumer habits, posing inherent risks to traditional cable and pay television services.
Key Players & Entities
- Warner Bros. Discovery, Inc. (company) — Filer of the 10-K
- Discovery, Inc. (company) — Former name of the filer
- Discovery Communications, Inc. (company) — Former name of the filer
- 001-34177 (dollar_amount) — SEC File Number
- 20231231 (date) — Conformed Period of Report
- 20240223 (date) — Filed As Of Date
- 230 Park Avenue South (location) — Business and Mail Address
- New York (location) — City of Business Address
- NY (location) — State of Business Address
- 10003 (location) — ZIP Code of Business Address
FAQ
What is the Central Index Key (CIK) for Warner Bros. Discovery, Inc.?
The Central Index Key (CIK) for Warner Bros. Discovery, Inc. is 0001437107.
When was the 10-K filing submitted to the SEC?
The 10-K filing was submitted to the SEC on February 23, 2024, as indicated by the 'FILED AS OF DATE: 20240223'.
What was the former name of Warner Bros. Discovery, Inc. before Discovery, Inc.?
Before being named Discovery, Inc., the company was formerly known as Discovery Communications, Inc., with a name change date of 20080606.
What is the primary Standard Industrial Classification (SIC) for Warner Bros. Discovery, Inc.?
The primary Standard Industrial Classification (SIC) for Warner Bros. Discovery, Inc. is 'CABLE & OTHER PAY TELEVISION SERVICES [4841]'.
What is the fiscal year end for Warner Bros. Discovery, Inc.?
The fiscal year end for Warner Bros. Discovery, Inc. is December 31, as stated by 'FISCAL YEAR END: 1231'.
From the Filing
0001437107-24-000017.txt : 20240223 0001437107-24-000017.hdr.sgml : 20240223 20240223171016 ACCESSION NUMBER: 0001437107-24-000017 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 207 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Warner Bros. Discovery, Inc. CENTRAL INDEX KEY: 0001437107 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] ORGANIZATION NAME: 06 Technology IRS NUMBER: 352333914 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34177 FILM NUMBER: 24672516 BUSINESS ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212-548-5555 MAIL ADDRESS: STREET 1: 230 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10003 FORMER COMPANY: FORMER CONFORMED NAME: Discovery, Inc. DATE OF NAME CHANGE: 20180306 FORMER COMPANY: FORMER CONFORMED NAME: Discovery Communications, Inc. DATE OF NAME CHANGE: 20080606 10-K 1 wbd-20231231.htm 10-K wbd-20231231 0001437107 2023 FY false P3Y0D 8 7 20 4 http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#FairValueMeasuredAtNetAssetValuePerShareMember http://fasb.org/us-gaap/2023#FairValueMeasuredAtNetAssetValuePerShareMember http://fasb.org/us-gaap/2023#FairValueMeasuredAtNetAssetValuePerShareMember http://fasb.org/us-gaap/2023#FairValueMeasuredAtNetAssetValuePerShareMember http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent 0001437107 2023-01-01 2023-12-31 0001437107 2023-06-30 iso4217:USD 0001437107 2024-02-08 xbrli:shares 0001437107 wbd:DistributionRevenueMember 2023-01-01 2023-12-31 0001437107 wbd:DistributionRevenueMember 2022-01-01 2022-12-31 0001437107 wbd:DistributionRevenueMember 2021-01-01 2021-12-31 0001437107 us-gaap:AdvertisingMember 2023-01-01 2023-12-31 0001437107 us-gaap:AdvertisingMember 2022-01-01 2022-12-31 0001437107 us-gaap:AdvertisingMember 2021-01-01 2021-12-31 0001437107 wbd:ProductAndServiceContentMember 2023-01-01 2023-12-31 00014