Warner Bros. Discovery
Mass media
Formed in 2022 when AT&T spun-off WarnerMedia, which then merged with Discovery Inc. Brands include Warner Bros, HBO, CNN, Cartoon Network, Discovery Channel, DC Comics and video game publishing.

Overall

Owned USA
Rating D
About the Ratings
Warner Bros. Discovery Inc
USA

Company Assessment

(Last updated Oct 2024)
Warner Bros. Discovery Inc
Criticism
20/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 20/100 in the PUB Media, Movies & Entertainment category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Excessive CEO pay
As You Sow's 2023 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, David M. Zaslav came in at number 1 on the list, having been paid US$246,573,481 in 2022. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Information
15.0% in Newsweek Green Ranking 2017
This company received a score of 15/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
CEO Pay Ratio of 227:1
In 2022 the median pay for a worker at this company was US$172,735. The CEO was paid 227 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Corporate responsibility claims
This company has corporate responsibility claims on its website under the headings purposeful storytelling, engaging with impact and creating responsibly and sustainably. They also have a diversity and inclusion policy.
Modern Slavery statement
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see Discovery Inc's record of political donations, lobbying, outside spending and more.
JUST Capital ranking
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 408th of 937 companies, and 5th of 14 Media companies.
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Company Details

Type:
Public company
Founded:
2022
Subsidiaries:
Warner Bros. Games
Video games
Video games division of Warner Bros. Discovery subsidiary, Warner Bros. Discovery Global Streaming & Interactive Entertainment. Has acquired several game studios including Monolith Productions, TT Games, Midway Games and Rocksteady Studios.

Contact Details

Address:
New York, New York, USA
Website:
www.wbd.com

Products / Brands

Warner Bros. Games
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