{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-25-000093","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.292819+00:00","generated_at":"2026-05-22T03:50:35.103164+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"WBD Q1 revenue down 10% to $8.98B; streaming EBITDA surges to $339M","bullets":["Revenue $8.98B (-10% reported, -9% ex-FX); net loss narrowed to $453M from $966M.","Streaming segment Adj. EBITDA $339M vs $86M; global subscribers 122.3M (+5.3M QoQ).","Global Linear Networks rev down 7%, Adj. EBITDA down 15% to $1,793M on audience declines.","Repaid $2.2B debt; gross debt $38.0B, net leverage 3.8x; refinanced $1.5B 2026 notes.","Reiterated 2025 streaming Adj. EBITDA target of at least $1.3B."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-25-000093","json":"https://secwatch.observer/filing/0001437107-25-000093.json","markdown":"https://secwatch.observer/filing/0001437107-25-000093.md","text":"https://secwatch.observer/filing/0001437107-25-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000093/0001437107-25-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000093/disca-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T03:50:35.103164+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}