{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-22-000228","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.652373+00:00","generated_at":"2026-06-22T08:40:13.295892+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WBD Q3 revenue $9.82B (-8% ex-FX); net loss $2.31B; DTC subs up 2.8M to 94.9M","bullets":["Revenue $9,823M, down 11% on pro forma combined (8% ex-FX); net loss $2,308M including $1,924M amortization and $1,521M restructuring.","Studios Adj EBITDA $762M (+43% ex-FX); Networks Adj EBITDA $2,630M (-2% ex-FX); DTC Adj EBITDA -$634M.","Global DTC subscribers 94.9M (+2.8M QoQ); ARPU $7.52; House of the Dragon set HBO premiere records.","Repaid $2.5B term loan in quarter; gross debt $50.4B; net leverage 5.1x; free cash flow -$192M.","Increased cost synergy target to at least $3.5B; reaffirmed long-term strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-22-000228","json":"https://secwatch.observer/filing/0001437107-22-000228.json","markdown":"https://secwatch.observer/filing/0001437107-22-000228.md","text":"https://secwatch.observer/filing/0001437107-22-000228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710722000228/0001437107-22-000228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710722000228/disca-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:40:13.295892+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"79c8713ee7cb77576c4d58b32a34e9fce0f878a9","claim":"Warner Bros. Discovery, Inc. reported financial results for third-quarter 2022.","evidence_excerpt":"On November 3, 2022 Warner Bros. Discovery, Inc. (“Warner Bros. Discovery” or the \"Company\"), released its earnings for the quarter ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710722000228/0001437107-22-000228-index.htm","confidence":0.5,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third-quarter 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}