Revenue segments as reported by the company.

Advertising

Distribution

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Impairment of goodwill and other intangible assets

Restructuring and other charges

Gain on disposition

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Discovery

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Discovery Communications

Discovery Inc.'s "groundbreaking" deal for AT&T's WarnerMedia business may make the career highlight reel for members of Discovery's management team, but it also could complicate the company's once-simple story.

The Ratings Game: Why Discovery's ‘groundbreaking' WarnerMedia deal may not help its stock

AT&T

The Warner + Discovery deal looks good on paper. But the growth pressures and debt burdens have merely been shifted from one corporation to another. The initial impressive lineup of channels and ability to challenge Netflix and Disney in streaming might succeed, and with a much higher probability than if conducted by Big Phone.

WarnerMedia + Discovery Is A Recipe For?

Coinbase

IMAX

Virgin Galactic

CenterPoint Energy

Melco Resorts and Entertainment

PureCycle Technologies

With the trading day more than halfway over, the markets were bouncing back after last week's dip.

CenterPoint, Coinbase, IMAX, Virgin Galactic and More Monday Afternoon Analyst Calls

Billionaire media mogul John Malone told CNBC's David Faber that Discovery's global presence will be particularly beneficial for WarnerMedia's HBO Max.

John Malone sees merged WarnerMedia-Discovery becoming No. 3 global streamer behind Netflix, Disney+

NEW YORK, May 21, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Discovery, Inc. ("DISCA" or the "Company") (DISCA) relating to its proposed merger with AT&T Inc. Under the terms of the agreement, Discovery;s entertainment and sports businesses are to combine with WarnerMedia to create a standalone company. Discovery shareholders are expected to own only 29% of the new company.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Discovery, Inc. - DISCA

AT&T (T), and it's merger agreement with Discovery Communications (DISCA), has caught the attention of many advisors as well as contributors to MoneyShow.com. Will the new entities be worth more than the sum of their parts?

AT&T And Discovery: The Sum Of The Parts

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Discovery, Inc. (“the Company”) (NasdaqGS: DISCA, DISCB, DISCK) with AT&T Inc. (NYSE:T) pursuant to which Discovery shareholders will own approximately 29% of the new company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the

DISCOVERY, INC. INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Discovery, Inc. - DISCA, DISCB, DISCK

AT&T Inc. (T) AT&T's WarnerMedia and Discovery to Combine (Transcript)

NEW YORK, May 20, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will deliver a keynote presentation at the 2021 J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 26, 2021 at 8:00 a.m.

Discovery President and CEO David Zaslav to Deliver Keynote Presentation at the 2021 J.P. Morgan Global Technology, Media and Communications Conference

Discovery awarded CEO David Zaslav nearly 14.8 million stock options on Sunday, the day before the company unveiled plans to merge with AT&T's WarnerMedia. That's sure to be the biggest chunk of Zaslav's executive pay under a contract extension through 2027 that was announced Tuesday but without any financial details. Those should be forthcoming in...

Discovery Awarded CEO David Zaslav Stock Options Valued At $190 Million As Part Of Extended Contract, WarnerMedia Deal

On May the 17th of 2021, Discovery announced a merger with the media assets of AT&T. After an initial burst of enthusiasm, investors have turned sour on the deal.

Repeating Discovery's History

Alibaba

International Flavors & Fragrances

Unilever

Zimmer Biomet Hlds

KLA-Tencor

Nucor

Auxier Asset Management leader Jeff Auxier (Trades, Portfolio) released his first-quarter portfolio earlier this week.

Jeff Auxier's Top 5 Trades of the 1st Quarter

If you own AT&T stock, a dividend cut may be headed your way.

The WarnerMedia-Discovery Merger Is Bad for Income Investors

As the ink begins to dry on the mega merger between AT&T's WarnerMedia and Discovery, two big questions have surfaced: 1) Who will run their new powerhouse streaming service, and 2) How much will it cost to get rid of the current guy?

The New York Post: Ex-TikTok CEO seen as contender to lead WarnerMedia-Discovery streaming spinoff

As the ink begins to dry on the mega merger between AT&T's WarnerMedia and Discovery, two big questions have surfaced: 1) Who will run their new powerhouse streaming service, and 2) How much will it cost to get rid of the current guy? Kevin Mayer — who left the helm of Disney's streaming juggernaut last.

Ex-TikTok CEO seen as contender for Discovery-WarnerMedia streaming

John Malone was willing to give up super-voting shares in Discovery to make a future sale easier, according to a person with knowledge of the deal.

The WarnerMedia-Discovery deal was structured to make a future sale easier

ENGLEWOOD, Colo.--(BUSINESS WIRE)--John Malone offered the following statement today on the definitive agreement to combine Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) and its leading nonfiction and international entertainment and sports businesses with AT&T's (NYSE: T) WarnerMedia premium entertainment, sports and news assets to create a premier, standalone global entertainment company. John Malone said: “After over 30 years of being involved in developing Discovery as a global informati

Statement from John Malone on the Combination of Discovery – AT&T's WarnerMedia

Discovery announced Tuesday it's extended the employment contract of president and CEO David Zaslav employment contract through December 31, 2027. His previous contract ran through 2023. The extension was made in connection with the definitive agreement between AT&T and Discovery, Inc. to combine WarnerMedia's entertainment, sports and news assets with Discovery to create a new...

Discovery Extends CEO David Zaslav's Contract Through 2027

AT&T's stock is the biggest loser in the S&P 500 on Tuesday. Its valuation depends on how much credit investors give the combined WarnerMedia/Discovery for its future streaming efforts.

How Much AT&T Might Be Worth After WarnerMedia Deal

CNBC's Jim Cramer said he "expected better" from AT&T management for its approach to WarnerMedia and its dividend payout.

Cramer rips AT&T leadership over the handling WarnerMedia and for the planned dividend cut

With Warner Media and HBO Max's acquisition, Discovery is poised to enter the big league of top streaming companies offering one of the widest content libraries. With complementary offering and focused leadership, I believe the company will gain significant traction in direct to consumer space.

Discovery-Warner Merger: Future Prospects And Updated Targets

Charter Communications

Comcast

Disney

ViacomCBS

It's becoming increasingly clear that studios are able to cost-effectively deliver their product directly to consumers.

This 1 Comment From Discovery's CEO Should Terrify Cable Companies

AT&T wants to spin off WarnerMedia and merge it into Discovery. What that means for HBO Max and Discovery Plus (and their next streaming services to come) isn't exactly clear.

AT&T's big Discovery deal makes HBO Max's future fuzzier

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) and its board of directors for potential violations of law in connection with its agreement with AT&T Inc. to combine WarnerMedia's entertainment, sports and news assets with Discovery's nonfiction and international entertainment and sports businesses to create a standalone company. Under the terms of the agreement, which is structured as an all-stoc

Discovery Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Discovery, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – DISCA, DISCB, DISCK

Wall Street doesn't seem to know what to make of AT&T (T)'s move to merge its content unit WarnerMedia with Discovery (DISCA) and create a new entertainment giant in the global streaming market.

News for Discovery Stock (DISCA)