Is Discovery owned by WBD?
Yes, Discovery, Inc. became part of Warner Bros. Discovery (WBD) following a 2022 merger between Discovery and WarnerMedia, which was spun off from AT&T. Warner Bros. Discovery is a publicly traded company owned by its shareholders. It manages a wide array of iconic media properties, including the Discovery Channel, Discovery+, HBO, CNN, Food Network, HGTV, and many others. While Discovery was a standalone entity founded in 1985 before its expansion and subsequent merger, it now operates as a core division within the larger WBD corporate structure.
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