{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-24-000107","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.415491+00:00","generated_at":"2026-06-02T05:24:18.053905+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Warner Bros. Discovery Q1 revenues down 7% to $9.96B; net loss $966M; launches $1.75B debt tender offer","bullets":["Total revenues $9,958M, down 7% ex-FX; net loss $966M includes $1,879M amortization/restructuring.","Adjusted EBITDA $2,102M, down 20% ex-FX driven by Hogwarts Legacy comparison and Suicide Squad weak results.","Free cash flow $390M, up $1.3B vs prior year; reduced debt by $1.1B; gross debt $43.2B; net leverage 4.1x.","Global DTC subscribers 99.6M, up 2M; DTC ARPU $7.83, up 4% ex-FX; Max launched in Latin America.","Launched cash tender offer to repurchase up to $1.75B of 13 series of notes; early tender premium $30/$1,000; expires June 7."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-24-000107","json":"https://secwatch.observer/filing/0001437107-24-000107.json","markdown":"https://secwatch.observer/filing/0001437107-24-000107.md","text":"https://secwatch.observer/filing/0001437107-24-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710724000107/0001437107-24-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710724000107/disca-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:24:18.053905+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":"75dbc50e240becea0415a08c761ac9583ba41191","claim":"Warner Bros. Discovery, Inc. reported the quarter ended March 31, 2024 results: revenue $9,958 million, net income $(966) 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) --- exhibit99-1wbd1q24earnin • Q1 total revenues were $9,958 million. Revenues decreased 7% ex-FX(1)(*) compared to the prior year quarter. • Net loss available to Warner Bros. Discovery, Inc. was $(966) million, and includes $1,879 million of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437107/000143710724000107/0001437107-24-000107-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$9,958 million"},{"label":"Net income","value":"$(966) 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"}