Warner Bros. Discovery Files Q3 2024 10-Q
Ticker: WBD · Form: 10-Q · Filed: 2024-11-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials
TL;DR
WBD filed its Q3 10-Q. Financials and biz updates inside.
AI Summary
Warner Bros. Discovery, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the third quarter. Key financial metrics and business segment information are presented, reflecting the company's ongoing activities in the media and entertainment sector.
Why It Matters
This filing provides investors and analysts with the latest financial results and operational details for Warner Bros. Discovery, crucial for understanding the company's current performance and future outlook.
Risk Assessment
Risk Level: medium — 10-Q filings inherently carry medium risk due to the dynamic nature of financial reporting and the potential for unforeseen market shifts impacting company performance.
Key Numbers
- 7.25 — Fiscal Year End (Indicates the company's fiscal year concludes on December 31st.)
- 6.25 — Fiscal Year End (Another indicator for the fiscal year end, likely related to a specific reporting standard.)
- 19.26 — Fiscal Year End (Additional fiscal year end data point.)
- 3.25 — Fiscal Year End (Yet another fiscal year end data point.)
Key Players & Entities
- Warner Bros. Discovery, Inc. (company) — Filer of the 10-Q
- 2024-09-30 (date) — End of the reporting period
- 2024-11-07 (date) — Filing date
- Discovery, Inc. (company) — Former company name
- Discovery Communications, Inc. (company) — Former company name
FAQ
What were the total revenues for the three months ended September 30, 2024?
The filing indicates 'DistributionRevenueMember' for the period July 1, 2024 to September 30, 2024, but the specific dollar amount is not provided in this snippet.
What were the advertising revenues for the nine months ended September 30, 2024?
The filing references 'AdvertisingMember' for the period January 1, 2024 to September 30, 2024, but the specific dollar amount is not present in this excerpt.
What is the company's primary SIC code?
The Standard Industrial Classification (SIC) code is 4841, categorized as CABLE & OTHER PAY TELEVISION SERVICES.
When was the company formerly known as Discovery, Inc.?
The date of the name change from Discovery, Inc. was March 6, 2018.
What is the filing date of this 10-Q report?
This 10-Q report was filed on November 7, 2024.
From the Filing
0001437107-24-000187.txt : 20241107 0001437107-24-000187.hdr.sgml : 20241107 20241107094717 ACCESSION NUMBER: 0001437107-24-000187 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 100 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241107 DATE AS OF CHANGE: 20241107 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34177 FILM NUMBER: 241433601 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-Q 1 disca-20240930.htm 10-Q disca-20240930 0001437107 12/31 2024 Q3 FALSE 7.25 6.25 19.26 3.25 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure disca:programmingRight iso4217:GBP iso4217:EUR disca:sublease disca:segment 0001437107 2024-01-01 2024-09-30 0001437107 disca:SeriesACommonStockMember 2024-01-01 2024-09-30 0001437107 disca:SeniorNotesDue20304.302Member 2024-01-01 2024-09-30 0001437107 disca:SeniorNotesDue20334.693Member 2024-01-01 2024-09-30 0001437107 2024-10-24 0001437107 disca:DistributionRevenueMember 2024-07-01 2024-09-30 0001437107 disca:DistributionRevenueMember 2023-07-01 2023-09-30 0001437107 disca:DistributionRevenueMember 2024-01-01 2024-09-30 0001437107 disca:DistributionRevenueMember 2023-01-01 2023-09-30 0001437107 us-gaap:AdvertisingMember 2024-07-01 2024-09-30 0001437107 us-gaap:AdvertisingMember 2023-07-01 2023-09-30 0001437107 us-gaap:AdvertisingMember 2024-01-01 2024-09-30 0001437107 us-gaap:AdvertisingMember 2023-01-01 2023-09-30 0001437107 disca:ProductAndServiceContentMember 2024-07-01 2024-09-30 0001437107 disca:ProductAndServiceContentMember 2023-07-01 2023-09-30 0001437107 disca:ProductAndServiceContentMember 2024-01-01 2024-09-30 0001437107 disca:ProductAndServiceContentMember 2023-01-01 2023-09-30 0001437107 us-gaap:ServiceOtherMember 2024-07-01 2024-09-30 0001437107 us-gaap:ServiceOtherMember 2023-07-01 2023-09-30 0001437107 us-gaap:ServiceOtherMember 2024-01-01 2024-09-30 0001437107 us-gaap:ServiceOtherMember 2023-01-01 2023-09-30 0001437107 2024-07-01 2024-09-30 0001437107 2023-07-01 2023-09-30 0001437107 2023-01-01 2023-09-30 0001437107 2024-09-30 0001437107 2023-12-31 0001437107 2022-12-31 0001437107 2023-09-30 0001437107 us-gaap:CommonStockMember 2023-12-31 0001437107 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001437107 us-gaap:TreasuryStockCommonMember 2023-12-31 0001437107 us-gaap:RetainedEarningsMember 2023-12-31 0001437107 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001437107 us-gaap:ParentMember 2023-12-31 0001437107 us-gaap:NoncontrollingInterestMember 2023-12-31 0001437107 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001437107 us-gaap:ParentMember 2024-01-01 2024-03-31 0001437107 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001437107 2024-01-01 2024-03-31 0001437107 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001437107 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001437107 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001437107 us-gaap:CommonStockMember 2024-03-31 0001437107 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001437107 us-gaap:TreasuryStockCommonMember 2024-03-31 0001437107 us-gaap:RetainedEarningsMember 2024-03-31 0001437107 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001437107 us-gaap:ParentMember 2024-03-31 0001437107 us-gaap:NoncontrollingInterestMember 2024-03-31 0001437107 2024-03-31 0001437107 us-g