Company: Warner Bros. Discovery Inc. (WBD)
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Company Profile: Warner Bros. Discovery was formed in 2022 through the combination of WarnerMedia and Discovery Communications. It operates in three global business segments: studios, networks, and direct-to-consumer. Warner Bros. Pictures is the crown jewel of the studios business, producing, distributing, and licensing movies and television shows. The networks business consists of basic cable networks, such as CNN, TNT, TBS, Discovery, HGTV, and the Food Network. Direct-to-consumer includes HBO and the firmÕs streaming platforms, which have now been consolidated to Max and Discovery+. Much of the DTC content is created within the firmÕs other two business segments. Each segment operates with a global reach, with Max available in over 60 countries. -Morningstar.com-
Symbol: WBD
Recent Price: $7.62
Dividends: $0.00
Yield: 0.00%
Sector: Communication Services
Industry: Entertainment
Address & Company Phone #: 230 Park Avenue South New York NY 10003, 212-548-5555
Transfer Agent: Computershare 800-969-1190
Moody’s Rating: NR
Minimum & Maximum Investment: $25 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $16.34, $8.25