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Warner Bros. Discovery: 2025 Financials and Legal Landscape

07 Aug 2025

Description

This compilation presents Warner Bros. Discovery, Inc.'s Form 10-Q filing with the SEC for the quarter ending June 30, 2025, detailing their financial performance, including revenues across streaming, studios, and global linear networks. It outlines their strategic plan to separate into two publicly traded companies by mid-2026, "Warner Bros." and "Discovery Global," and the associated financial and operational risks of such a separation. The document also includes details on various debt management activities, such as tender offers and credit facilities, and an amendment to their receivables purchase agreement, reflecting ongoing financial adjustments and operational changes. Finally, certifications from the Chief Executive Officer and Chief Financial Officer affirm the report's compliance and accuracy.

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