BATS:WBD   Warner Bros. Discovery, Inc. - Series A
Warner Bros. Discovery is a relatively new giant, formed in 2022, so its history is still being written. But even in its short lifespan, these are the reasons why we are adding it to our portfolio:

Merger of Titans: Its creation arose from the mega-merger between WarnerMedia, a powerhouse with Warner Bros., HBO, and CNN, and Discovery, Inc., known for its reality TV empires like Animal Planet and HGTV. This union brings together Hollywood storytelling with factual programming, creating a truly diverse multimedia giant.

Content Colossus: With this merger, Warner Bros. Discovery holds the reigns on iconic franchises like Batman, DC Comics, Harry Potter, Lord of the Rings, Game of Thrones, and Animal Planet's most thrilling documentaries. It's a treasure trove of beloved characters and captivating narratives across genres.

Streaming Savvy: The company actively pushes the boundaries of streaming. HBO Max, Discovery+, and the upcoming "Max" platform give viewers access to their vast library of content and new originals. They're aiming to be a major player in the ever-evolving streaming wars.

Global Reach: Warner Bros. Discovery has a footprint in over 220 countries and territories, reaching billions of viewers worldwide. Their international studios, channels, and streaming services cater to diverse audiences, making them a truly global entertainment force.

Tech-Driven Future: The company recognizes the power of technology. They're heavily investing in artificial intelligence, data analytics, and virtual reality to enhance their storytelling and audience engagement. Expect futuristic experiences beyond traditional media.

Beyond Entertainment: Warner Bros. Discovery isn't just about entertainment. They have a strong commitment to social responsibility through initiatives focusing on environmental sustainability, diversity and inclusion, and educational programs.

The stock is trading at 2009 prices. The increase in buy-side interest in November into December might be a sign of exhaustion in sellers. The merger with Paramount has brought some risks with it but it has been priced in based on today's price action.

Our buy order was filled at $11.00.

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