Companies Warner Bros. Discovery

Warner Bros. Discovery

New York, New York, USA

Total Offices: 9

40,000 Total Employees

View Website

Similar Companies Hiring

Crexi

Real Estate • Sales • Software • PropTech

3 Offices

400 Employees

Smartly

AdTech • Artificial Intelligence • Digital Media • Marketing Tech • Social Media • Software • Generative AI

10 Offices

805 Employees

TigerConnect

Cloud • Enterprise Web • Healthtech • Mobile • Software

2 Offices

329 Employees

Warner Bros. Discovery Company Stability & Growth

Updated on October 20, 2025

This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.

What's the stability & growth outlook for Warner Bros. Discovery?

Strengths in segment-level profitability, international expansion, and a forward-looking split are accompanied by enterprise-level revenue softness and a still-elevated debt load amid intense competition. Together, these dynamics suggest selective resilience and growth potential in Streaming & Studios while consolidated performance remains constrained by linear-TV headwinds and balance-sheet priorities.

Positive Themes About Warner Bros. Discovery

Future-Ready Strategy: Management announced a separation into two entities—“Streaming & Studios” and “Global Linear Networks”—to focus on scaling Max and studios while insulating declining linear TV. The plan includes targeting at least $3B in studios adjusted EBITDA and reducing leverage into a 2.5–3.0x range by 2026.
Market Expansion: Max expanded rapidly across dozens of countries in 2024 with additional rollouts planned in major European markets and Australia through 2026. Global DTC subscribers rose meaningfully with a stated goal of reaching 150 million.
Profitability: The DTC segment turned profitable, delivering nearly $700M of adjusted EBITDA in 2024 and guiding to roughly $1.3B in 2025, with quarterly profits reported. Studios profitability also improved, including a quarter with ~$863M operating profit on strong box office.

Considerations About Warner Bros. Discovery

Stagnant Revenue: Companywide revenue declined in 2024 and again in early 2025 before only a modest year-over-year uptick in Q2 2025. Linear TV and advertising softness were cited as ongoing headwinds to the top line.
Weak Capital Position: A substantial debt load persisted despite repayments, with gross debt still in the mid-$30 billions and leverage elevated through 2024–2025. Management’s focus on aggressive debt reduction underscores capital constraints until leverage targets are achieved.
Weak Market Position & Pricing Challenges: Comparative standings place WBD behind key rivals on product quality and pricing, and its market capitalization trails leading streaming competitors. The company is a significant player but not consistently the top leader across its competitive set.

NEW

What does AI tell candidates about your employer brand?

Get your free AI reputation report today.

See AI Report

The insights on this page are generated by submitting structured prompts to some of the most popular large language models (“LLMs”) and summarizing recurring themes from the responses. Because the insights are generated using AI, they may contain errors. The insights do not necessarily reflect internal data, employee interviews, or verified company information. They may be influenced by incomplete, outdated, or inaccurate data, and may vary across LLM providers. These insights are intended for informational purposes only and should not be interpreted as a factual or definitive assessment of a company's reputation. Built In makes no representations or warranties regarding the accuracy, completeness, or reliability of this information, and disclaims any liability for any actions taken based on this information. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.

Is This Your Company? Claim Profile