{"schema_version":"secwatch.filing_event.v1","accession":"0001437107-25-000189","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.993117+00:00","generated_at":"2026-05-17T17:21:01.841106+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WBD Q2 net income $1.58B; adj. EBITDA +9% to $1.95B; streaming subs 125.7M","bullets":["Revenue $9.812B (+1% YoY); content rev +17% to $2.471B; Studios rev +55% to $3.801B.","Streaming segment Adj. EBITDA $293M vs. -$107M; global streaming subs 125.7M (+3.4M QoQ).","Net income $1.58B includes $2.958B pre-tax gain on debt extinguishment; diluted EPS $0.63.","Free cash flow $702M (down 28% YoY); gross debt reduced $2.7B to $35.6B; net leverage 3.3x.","Studios segment on track for at least $2.4B full-year Adj. EBITDA; 2025 guidance reaffirmed."],"urls":{"canonical":"https://secwatch.observer/filing/0001437107-25-000189","json":"https://secwatch.observer/filing/0001437107-25-000189.json","markdown":"https://secwatch.observer/filing/0001437107-25-000189.md","text":"https://secwatch.observer/filing/0001437107-25-000189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000189/0001437107-25-000189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437107/000143710725000189/disca-20250807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:21:01.841106+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"}