WBD

Warner Bros. Discovery, Inc.

September 18, 2026 · after-hours

Rarity
4.90
Peak move
+11.11%
Float cap
$64.7B

Warner Bros. Discovery is a global media and entertainment company that creates and distributes content and products across television, film, streaming, interactive gaming, publishing, themed experiences, and consumer products. It generates revenue from distributors that carry its network brands and programming, including cable, satellite, telecommunications, and digital service providers, as well as direct-to-consumer subscriptions, advertising on networks and digital platforms, and content licensing, games, and other sources.

Where do you see this going?

1 vote
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Voting closed at 4:00 PM ET.

What we found

6 events · 1 from SEC or newswire · 0 timed with the move
  • regulatory_approval

    The FCC's Media Bureau waived its 25% foreign-ownership cap, allowing foreign investors including Saudi PIF (15.1%), UAE's L'imad (12.8%) and Qatar Investment Authority (10.6%) to hold up to 49.5% of the combined Paramount Skydance-Warner Bros. Discovery company with no voting or governance rights.

  • analyst_rating

    Barclays resumed coverage of Paramount Skydance with an Underweight rating and $8 price target, warning the $110 billion Paramount-WBD merger doubles down on declining linear TV networks and faces a state antitrust trial scheduled for March 2027.

  • analyst_rating

    Barclays analyst Kannan Venkateshwar reinstated coverage of Warner Bros. Discovery at Equal Weight with a $28-$29 price target and Paramount Skydance at Underweight with an $8 target, citing risks and growth optionality in the $110 billion merger.

  • litigation_outcome

    A California court set court-ordered mediation for October 14-15, 2026 between Paramount Skydance and California AG Rob Bonta's office to try to settle the 12-state and WGA antitrust suit blocking the $110 billion Warner Bros. Discovery merger, with trial set for March 2, 2027.

  • insider_sale

    Warner Bros. Discovery Chief Accounting Officer Lori C. Locke sold 29,115 shares on September 14, 2026 at $28.13 per share for about $819,005, leaving her 86,906 shares held directly.

    SEC4 0001646563-26-000007Webgurufocus.com
  • litigation_outcome

    The US Justice Department filed in a California federal court supporting Paramount's motion to require 12 states and the Writers Guild of America West to post a $1.88 billion bond while they litigate to block the $110 billion Paramount Skydance-Warner Bros. Discovery merger, with a hearing set for September 24.