{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-25-000138","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2025-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.293284+00:00","generated_at":"2026-05-19T16:59:16.158235+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Warner Bros. Discovery to split into two public companies; launches $14.6B debt tender","bullets":["Separation into Streaming & Studios (HBO, WB, DC) and Global Networks (CNN, TNT, Discovery); tax-free, closing by mid-2026.","David Zaslav to lead Streaming & Studios; Gunnar Wiedenfels to lead Global Networks.","Tender offers up to $14.6B for outstanding notes; consent solicitations to amend indentures; expires July 9, 2025.","Bridge loan of $17.5B committed by J.P. Morgan to finance tender offers; may increase to $20B.","Global Networks will retain up to 20% stake in Streaming & Studios for tax-efficient monetization to reduce debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-25-000138","json":"https://secwatch.observer/filing/0001437107-25-000138.json","markdown":"https://secwatch.observer/filing/0001437107-25-000138.md","text":"https://secwatch.observer/filing/0001437107-25-000138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000138/0001437107-25-000138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000138/disca-20250609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T16:59:16.158235+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"}