{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-23-000169","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.077212+00:00","generated_at":"2026-06-08T09:07:10.845116+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WBD Q3 revenue $9.98B, Adj. EBITDA +22% ex-FX to $2.97B; DTC profit $111M","bullets":["Total revenues $9.98B (+1% ex-FX YoY); net loss narrowed to $417M from $2.31B.","Adjusted EBITDA $2.97B (+22% ex-FX); free cash flow $2.06B vs -$192M prior year.","DTC segment posted $111M Adj. EBITDA vs $634M loss; subscribers 95.1M (down 0.7M QoQ), ARPU $7.82 (+6% ex-FX).","Networks revenue $4.87B (-7% ex-FX) on ad decline; Studios revenue $3.23B (+3% ex-FX) driven by Barbie.","Repaid $2.4B debt in Q3; gross debt $45.3B; net leverage 4.2x; year-to-date free cash flow on track to exceed $5B."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-23-000169","json":"https://secwatch.observer/filing/0001437107-23-000169.json","markdown":"https://secwatch.observer/filing/0001437107-23-000169.md","text":"https://secwatch.observer/filing/0001437107-23-000169.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000169/0001437107-23-000169-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000169/disca-20231108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T09:07:10.845116+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":"4bd740e69fcb8662c1f4798a38783128a93cb342","claim":"Warner Bros. Discovery, Inc. reported the quarter ended September 30, 2023 results: revenue $9,979 million, net income $(417) million.","evidence_excerpt":"or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- wbd3q23earningsreleasefi • Q3 total revenues were $9,979 million. Revenues increased 1% ex-FX(1)(*) compared to the prior year quarter. • Net loss available to Warner Bros. Discovery, Inc. was $(417) million, and included $1,758 million of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710723000169/0001437107-23-000169-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$9,979 million"},{"label":"Net income","value":"$(417) 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"}