Jacek_Sopotnicki Investment Thesis: Warner Bros. Discovery (WBD) is a media and entertainment business that operates primarily in the segments of Studios, Networks, and DTC. Some notable brands they own include DC, Game of Thrones, Harry Potter, and many more household names while some of the primary platforms they operate through are TNT Sports, Max, and CNN. Warner Bros. Discovery was formed through a Reverse Morris Trust where AT&T (NYSE:T) spun off warner media and merged it with Discovery. Warner Bros. ...