Warner Bros. Discovery Files 8-K for Material Agreement
Ticker: WBD · Form: 8-K · Filed: 2024-05-17T00:00:00.000Z
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.
From the Filing
0001193125-24-141713.txt : 20240517 0001193125-24-141713.hdr.sgml : 20240517 20240517160542 ACCESSION NUMBER: 0001193125-24-141713 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 26 CONFORMED PERIOD OF REPORT: 20240517 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34177 FILM NUMBER: 24959571 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 8-K 1 d817509d8k.htm 8-K 8-K false 0001437107 0001437107 2024-05-17 2024-05-17     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 17, 2024     Warner Bros. Discovery, Inc. (Exact name of registrant as specified in its charter)       Delaware   001-34177   35-2333914 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 230 Park Avenue South New York , New York 10003 (Address of principal executive offices, including zip code) 212 - 548-5555 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol(s)   Name of each exchange on which registered Series A Common Stock   WBD   Nasdaq Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry into a Material Definitive Agreement. Senior Notes On May 17, 2024, WarnerMedia Holdings, Inc. (“WMH”), a wholly-owned subsidiary of Warner Bros. Discovery, Inc. (“WBD”), completed its registered offering of €650,000,000 aggregate principal amount of its 4.302% Senior Notes due 2030 (the “2030 Notes̶