The following is a list of major assets that are owned by Warner Bros. Discovery. As of 2023, the company's assets are reported under three segments: Studios (which consists of the Warner Bros. film and television studios, alongside the company's consumer products, interactive entertainment, licensing and publishing divisions), Networks (which consists of the company's television portfolio including its entertainment, lifestyle, news and sports networks) and DTC (which consists of HBO and the company's streaming services, including Max and Discovery+).[1]
Warner Bros. Pictures Domestic Distribution (North American exhibition)
Warner Bros. Pictures Distribution International (international distribution and production; most active in France, Germany, Italy, Spain, the United Kingdom, the Republic of Ireland, Japan, South Korea, Argentina, Brazil and Mexico)
Warner Bros. Television Workshop - the premiere writing program for new writers looking to start and further their career in the world of television. Every year, the Workshop selects up to eight participants out of more than 2,500 submissions and exposes them to Warner Bros. Television's top writers and executives, all with the ultimate goal of earning them a staff position on a Warner Bros.-produced television show. The Warner Bros. Television Writers’ Workshop consists of three components, all geared towards preparing the writer for a successful career in television writing.
Hulu (10% stake) - sold to Hulu, LLC, but was allocated between The Walt Disney Company (7%) and Comcast (3%); Disney acquired majority interest (67%) of Hulu with Comcast as minority partner (33%) in 2019 until early 2024, when Disney acquired the remaining interest in Hulu.
Metro-Goldwyn-Mayer - between 1967 and 1969 was owned by Time Inc. as a shareholder; briefly owned by Turner Broadcasting System in 1986; sold back to Kirk Kerkorian later that year and currently owned by Amazon (through Amazon MGM Studios), while the pre-May 1986 library was retained by Turner Entertainment Co.
Associated Artists Productions - bought 1933–1957 Fleischer/Famous StudiosPopeye cartoons and pre-1950 WB library in 1956; the latter library would find its way back to Warner ownership in 1996 as part of the Turner merger (which also incorporated the Popeye cartoons)
HBO Go - replaced by HBO Max in the United States, Latin America, Nordics, Spain, Portugal, Central and Eastern Europe, still active in Asian countries, would be folded and converted into simply Max which merging HBO Max and Discovery+ on November 19, 2024
HOOQ (streaming service joint venture with Sony Pictures Entertainment and Singtel) - shut down on 30 April 2020 due to liquidation and eventually sold to Coupang in July 2020 to form the nucleus of its streaming service named Coupang Play
Monogram Pictures/Allied Artists Pictures Corporation - sold to Lorimar in 1979; post-August 17, 1946 library currently owned by Warner Bros. Entertainment
Interstate Television - founded in early 1950s as the TV arm of Allied Artists, became Allied Artists Television in 1960s and was folded into Lorimar with the rest of AAPC in 1979
Lorimar Home Video - folded into Warner Home Video in 1988
Warner Bros. Domestic Pay TV, Cable & Network Features - a former division of Warner Bros. Domestic Television Distribution that licensed Warner Bros. feature films, television series, miniseries, TV films, and specials to the pay television and basic cable markets, as well as feature films to the broadcast networks. Formed in 1994, It was re-organized in 2001 as “Warner Bros. Domestic Cable Distribution”, before folding into Warner Bros. Domestic Television Distribution in 2008
Warner Alliance - a now-defunct contemporary Christian music division owned by Warner Music Group, which operated until 1998. The company was dissolved by Warner purchasing Word Entertainment.
Warner Leisure, Inc. - 80% stake; previously known as Leisure Development Corp. of America; closed in 1985
Warner Resound - a now-defunct Christian division of Warner Music Group, focused on distributing Christian music and media, as well as products from other artists like Vigilantes of Love and The Call. The company largely became dormant after Word Entertainment was sold to Warner Music Group.
Weintraub Entertainment Group - 15% stake previously held by Columbia Pictures
World Championship Wrestling (WCW) - video library, selected wrestler contracts and other intellectual property sold to World Wrestling Federation Entertainment, Inc., now known as WWE (World Wrestling Entertainment), through its subsidiary W. Acquisition Company (which was subsequently renamed WCW Inc. following the sale) in 2001.