{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-23-000013","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.984470+00:00","generated_at":"2026-06-19T02:22:03.411491+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":"Warner Bros. Discovery reports Q4 net loss of $2.1B; DTC subscribers up 1.1M","bullets":["Q4 total revenues $11.0B, down 9% ex-FX vs prior year combined; net loss $(2.1)B.","Full-year 2022 net loss $(7.4)B, includes $6.2B amortization and $3.8B restructuring.","DTC subscribers reached 96.1M, up 1.1M QoQ; DTC Adjusted EBITDA loss improved to $(217)M.","Gross debt $49.5B, net leverage 5.0x; voluntarily repaid $7.0B debt since merger.","Studios revenue down 23% ex-FX; Networks down 6% ex-FX; DTC revenue up 6% ex-FX."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-23-000013","json":"https://secwatch.observer/filing/0001437107-23-000013.json","markdown":"https://secwatch.observer/filing/0001437107-23-000013.md","text":"https://secwatch.observer/filing/0001437107-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000013/0001437107-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000013/disca-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T02:22:03.411491+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":"6fa0ce7e77c1f977b94afee0f7cc79b419b08aa0","claim":"Warner Bros. Discovery, Inc. reported the quarter and year ended December 31, 2022 results: revenue $11,008 million, net income $(2,101) million.","evidence_excerpt":"NM - Not meaningful (*) A non-GAAP financial measure; see the section starting on page 13 titled Definitions & Sources for additional details • Q4 total revenues were $11,008 million. Revenues decreased 9% ex-FX(1)(*) compared to the prior year quarter, on a combined basis(2). • Net loss available to Warner Bros. Discovery, Inc. was $(2,101) million, and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000013/0001437107-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$11,008 million"},{"label":"Net income","value":"$(2,101) million"},{"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"}