Strong Assets Give Warner Brothers Discovery an Edge Amid Challenges of a Changing Media Landscape

Warner Bros. Discovery, the result of combining Discovery Communications and WarnerMedia, is one of the largest media firms in the world with tremendous scale and reach. We project that the company, led by former Discovery CEO David Zaslav, will use its combined content library and production capabilities to drive further growth in its streaming services as it navigates the transition toward a more direct-to-consumer focused model, centered on a combined HBO Max/Discovery+ service named Max.