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Warner Bros. Discovery, Inc. WBD
Communication Services - Entertainment - NASDAQ - US
Watchlist
$ 9.22
-6.49 %
$ 22.6 B
Market Cap
-2.01
P/E
1. INTRINSIC VALUE

Warner Bros. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It also produces, develops, and distributes feature films, television, gaming, and other content in various physical and digital formats through basic networks, direct-to-consumer or theatrical, TV content, and games licensing. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, Magnolia Network, Cooking Channel, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks.[ Read More ]

The intrinsic value of one WBD stock under the base case scenario is HIDDEN Compared to the current market price of 9.22 USD, Warner Bros. Discovery, Inc. is HIDDEN

WBD Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart WBD

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FINANCIALS
41.3 B REVENUE
22.19%
Growth Rates
1Year 22.19%
3Years 57.03%
5Years 31.39%
7Years 30.25%
10Years 22.27%
-1.55 B OPERATING INCOME
56.78%
Growth Rates
1Year 56.78%
3Years -17.34%
5Years -12.48%
7Years -8.34%
10Years -5.90%
-3.13 B NET INCOME
57.16%
Growth Rates
1Year 57.16%
3Years -48.99%
5Years -41.09%
7Years -19.92%
10Years -14.59%
7.48 B OPERATING CASH FLOW
73.72%
Growth Rates
1Year 73.72%
3Years 39.76%
5Years 23.75%
7Years 27.39%
10Years 19.26%
-1.26 B INVESTING CASH FLOW
-35.73%
Growth Rates
1Year -35.73%
3Years -21.44%
5Years 31.90%
7Years -25.55%
10Years 4.46%
-5.84 B FINANCING CASH FLOW
24.61%
Growth Rates
1Year 24.61%
3Years -55.61%
5Years -83.18%
7Years -25.70%
10Years -52.64%
9.62 B REVENUE
-0.91%
Growth Rates
1Year 22.19%
3Years 57.03%
5Years 31.39%
7Years 30.25%
10Years 22.27%
281 M OPERATING INCOME
144.25%
Growth Rates
1Year 56.78%
3Years -17.34%
5Years -12.48%
7Years -8.34%
10Years -5.90%
-11.3 B NET INCOME
-13.52%
Growth Rates
1Year 57.16%
3Years -48.99%
5Years -41.09%
7Years -19.92%
10Years -14.59%
1.45 B OPERATING CASH FLOW
18.32%
Growth Rates
1Year 73.72%
3Years 39.76%
5Years 23.75%
7Years 27.39%
10Years 19.26%
-858 M INVESTING CASH FLOW
-1225.71%
Growth Rates
1Year -35.73%
3Years -21.44%
5Years 31.90%
7Years -25.55%
10Years 4.46%
-875 M FINANCING CASH FLOW
15.62%
Growth Rates
1Year 24.61%
3Years -55.61%
5Years -83.18%
7Years -25.70%
10Years -52.64%
Balance Sheet Decomposition Warner Bros. Discovery, Inc.
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Current Assets 14.2 B
Cash & Short-Term Investments 3.78 B
Receivables 7.31 B
Other Current Assets 3.13 B
Non-Current Assets 109 B
Long-Term Investments 1.78 B
PP&E 5.96 B
Other Non-Current Assets 101 B
Current Liabilities 15.3 B
Accounts Payable 1.26 B
Short-Term Debt 1.78 B
Other Current Liabilities 12.3 B
Non-Current Liabilities 61 B
Long-Term Debt 45.1 B
Other Non-Current Liabilities 15.9 B
EFFICIENCY
Earnings Waterfall Warner Bros. Discovery, Inc.
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Revenue 41.3 B
Cost Of Revenue 24.5 B
Gross Profit 16.8 B
Operating Expenses 18.3 B
Operating Income -1.55 B
Other Expenses 1.58 B
Net Income -3.13 B
RATIOS
40.65% GROSS MARGIN
40.65%
Averages
1Year 40.65%
3Years 47.43%
5Years 54.37%
7Years 56.56%
10Years 58.79%
-3.75% OPERATING MARGIN
-3.75%
Averages
1Year -3.75%
3Years 0.72%
5Years 10.55%
7Years 11.63%
10Years 17.71%
-7.57% NET MARGIN
-7.57%
Averages
1Year -7.57%
3Years -6.96%
5Years 1.82%
7Years 1.40%
10Years 6.26%
-6.91% ROE
-6.91%
Averages
1Year -6.91%
3Years -4.58%
5Years 3.77%
7Years 2.66%
10Years 8.10%
-2.55% ROA
-2.55%
Averages
1Year -2.55%
3Years -1.69%
5Years 0.93%
7Years 0.71%
10Years 2.62%
-1.39% ROIC
-1.39%
Averages
1Year -1.39%
3Years 0.65%
5Years 4.21%
7Years 4.94%
10Years 6.67%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Warner Bros. Discovery, Inc.
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Net Income -3.13 B
Depreciation & Amortization 7.98 B
Capital Expenditures -1.32 B
Stock-Based Compensation 500 M
Change in Working Capital -12 B
Others 4.97 B
Free Cash Flow 6.16 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Warner Bros. Discovery, Inc.
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Wall Street analysts predict an average 1-year price target for WBD of $11.1 , with forecasts ranging from a low of $5 to a high of $16 .
WBD Lowest Price Target Wall Street Target
5 USD -45.77%
WBD Average Price Target Wall Street Target
11.1 USD 20.66%
WBD Highest Price Target Wall Street Target
16 USD 73.54%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products.

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28.8 USD
DIS
Overvalued 74.96%

Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others.

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16 USD
ROKU
Overvalued 76.78%

Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices.

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52.1 USD
NFLX
Overvalued 93.68%

Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services.

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-1.5 USD
PARAA
Overvalued 106.71%

Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services.

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-1.25 USD
PARA
Overvalued 111.53%

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe.

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-0.242 USD
AMC
Overvalued 105.40%
6. Ownership
Insider Ownership Warner Bros. Discovery, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
250 M USD 2
Bought
536 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
830 K USD 1
6-9 MONTHS
250 M USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
6 days ago
Nov 11, 2024
Bought 536 K USD
Zeiler Gerhard
President, International
+ 58000
 9.24 USD
6 months ago
May 13, 2024
Bought 830 K USD
Zeiler Gerhard
President, International
+ 100000
 8.3 USD
11 months ago
Dec 14, 2023
Sell 125 M USD
ADVANCE/NEWHOUSE PROGRAMMING PARTNERSHIP
Director
- 10000000
 12.49 USD
11 months ago
Dec 14, 2023
Sell 125 M USD
Newhouse Steven O
Director
- 10000000
 12.49 USD
11 months ago
Dec 14, 2023
Bought 125 M USD
Newhouse Steven O
Director
+ 10000000
 12.49 USD
11 months ago
Dec 14, 2023
Bought 125 M USD
ADVANCE/NEWHOUSE PARTNERSHIP
Director
+ 10000000
 12.49 USD
1 year ago
Aug 07, 2023
Bought 535 K USD
Zeiler Gerhard
President, International
+ 38000
 14.09 USD
1 year ago
May 25, 2023
Bought 168 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 15000
 11.219 USD
1 year ago
May 16, 2023
Sell 61.9 M USD
MALONE JOHN C
Director
- 3650000
 16.9596 USD
1 year ago
May 16, 2023
Bought 39.9 M USD
MALONE JOHN C
Director
+ 3650000
 10.926 USD
2 years ago
Nov 08, 2022
Sell 2.36 M USD
MALONE JOHN C
Director
- 2000000
 1.18 USD
2 years ago
Nov 08, 2022
Sell 20 M USD
MALONE JOHN C
Director
- 2000000
 10 USD
2 years ago
Aug 08, 2022
Bought 294 K USD
Zeiler Gerhard
President, International
+ 20000
 14.69 USD
2 years ago
Aug 08, 2022
Bought 495 K USD
Merchant Fazal F
director:
+ 35000
 14.13 USD
2 years ago
Aug 08, 2022
Bought 484 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 34340
 14.09 USD
2 years ago
Aug 08, 2022
Bought 15.9 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 1120
 14.19 USD
2 years ago
May 05, 2022
Bought 670 K USD
YANG GEOFFREY Y
Director
+ 35653
 18.79 USD
2 years ago
May 05, 2022
Bought 224 K USD
YANG GEOFFREY Y
Director
+ 11937
 18.79 USD
2 years ago
May 05, 2022
Bought 201 K USD
YANG GEOFFREY Y
director:
+ 10706
 18.78 USD
2 years ago
May 02, 2022
Bought 249 K USD
Di Piazza Samuel A Jr.
Director
+ 13500
 18.446 USD
2 years ago
May 02, 2022
Bought 50 K USD
Di Piazza Samuel A Jr.
director:
+ 2700
 18.519 USD
2 years ago
May 02, 2022
Bought 460 K USD
Zeiler Gerhard
President, International
+ 25000
 18.395 USD
2 years ago
May 02, 2022
Bought 73.8 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 4000
 18.46 USD
2 years ago
Apr 29, 2022
Bought 91.2 K USD
GOULD PAUL A
director:
+ 5000
 18.249 USD
2 years ago
Apr 28, 2022
Sell 19.8 M USD
MALONE JOHN C
Director
- 1200000
 16.5 USD
2 years ago
Apr 28, 2022
Sell 616 K USD
MALONE JOHN C
director:
- 1200000
 0.5137 USD
2 years ago
May 02, 2022
Bought 19.8 M USD
MALONE JOHN C
Director
+ 1200000
 16.5 USD
2 years ago
Apr 28, 2022
Bought 636 K USD
MALONE JOHN C
director:
+ 1200000
 0.5303 USD
2 years ago
Apr 28, 2022
Bought 126 K USD
Leavy David
Chief Corp Affairs Officer
+ 6866
 18.33 USD
2 years ago
Apr 28, 2022
Bought 55.6 K USD
BENNETT ROBERT R
Director
+ 3000
 18.53 USD
2 years ago
Apr 28, 2022
Bought 475 K USD
BENNETT ROBERT R
Director
+ 25000
 19 USD
2 years ago
Apr 27, 2022
Bought 470 K USD
BENNETT ROBERT R
director:
+ 25000
 18.796 USD
2 years ago
Apr 27, 2022
Bought 499 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 25000
 19.95 USD
2 years ago
Apr 27, 2022
Bought 3.9 K USD
Zaslav David
Chief Executive Officer & Pres
+ 200
 19.49 USD
2 years ago
Apr 27, 2022
Bought 996 K USD
Zaslav David
Chief Executive Officer & Pres
+ 50000
 19.93 USD
2 years ago
Nov 30, 2021
Sell 4.51 M USD
MALONE JOHN C
director, 10 percent owner:
- 200043
 22.55 USD
2 years ago
Nov 30, 2021
Sell 2.81 M USD
MALONE JOHN C
director, 10 percent owner:
- 119957
 23.44 USD
2 years ago
Dec 01, 2021
Sell 2.77 M USD
MALONE JOHN C
director, 10 percent owner:
- 120000
 23.07 USD
2 years ago
Dec 01, 2021
Sell 563 K USD
MALONE JOHN C
director, 10 percent owner:
- 25000
 22.51 USD
3 years ago
Jun 21, 2021
Sell 197 K USD
MALONE JOHN C
director, 10 percent owner:
- 6768
 29.15 USD
3 years ago
Jun 03, 2021
Sell 3.71 M USD
MALONE JOHN C
director, 10 percent owner:
- 124839
 29.68 USD
3 years ago
Jun 04, 2021
Sell 8.24 M USD
MALONE JOHN C
director, 10 percent owner:
- 280161
 29.41 USD
3 years ago
May 27, 2021
Sell 1.38 K USD
BENNETT ROBERT R
Director
- 20
 68.8 USD
3 years ago
May 24, 2021
Bought 727 K USD
Wiedenfels Gunnar
Chief Financial Officer
+ 25000
 29.09 USD
3 years ago
May 24, 2021
Sell 262 K USD
Wiedenfels Gunnar
Chief Financial Officer
- 8383
 31.295 USD
3 years ago
Mar 16, 2021
Sell 723 K USD
Sanchez Daniel E.
Director
- 9538
 75.8 USD
3 years ago
Mar 16, 2021
Sell 2.59 M USD
Perrette Jean-Briac
Pres.&CEO, Discovery Int'l
- 34110
 76.03 USD
3 years ago
Mar 16, 2021
Sell 12.6 M USD
Perrette Jean-Briac
Pres.&CEO, Discovery Int'l
- 164907
 76.13 USD
3 years ago
Mar 15, 2021
Sell 95.1 K USD
Locke Lori C.
Chief Accounting Officer
- 1301
 73.1 USD
3 years ago
Mar 15, 2021
Sell 1.17 M USD
Beck Robert R
Director
- 15999
 73.396 USD
3 years ago
Mar 15, 2021
Sell 5.11 M USD
LOWE KENNETH W
Director
- 83500
 61.203 USD
3 years ago
Mar 03, 2021
Sell 122 K USD
Sanchez Daniel E.
Director
- 2000
 60.78 USD
3 years ago
Mar 04, 2021
Sell 6.23 M USD
Perrette Jean-Briac
Pres.&CEO, Discovery Int'l
- 100000
 62.29 USD
3 years ago
Mar 04, 2021
Sell 12.5 M USD
Perrette Jean-Briac
Pres.&CEO, Discovery Int'l
- 200533
 62.322 USD
3 years ago
Mar 02, 2021
Sell 5.51 M USD
Perrette Jean-Briac
Pres.&CEO, Discovery Int'l
- 93342
 59.048 USD
3 years ago
Mar 02, 2021
Sell 170 K USD
Leavy David
Chief Corp Operating Officer
- 2899
 58.542 USD
3 years ago
Mar 02, 2021
Sell 210 K USD
Leavy David
Chief Corp Operating Officer
- 3554
 59.147 USD
3 years ago
Mar 02, 2021
Sell 18 K USD
Leavy David
Chief Corp Operating Officer
- 300
 59.958 USD
3 years ago
Mar 01, 2021
Sell 1.57 M USD
Leavy David
Chief Corp Operating Officer
- 28648
 54.828 USD
3 years ago
Mar 01, 2021
Sell 929 K USD
Leavy David
Chief Corp Operating Officer
- 16913
 54.949 USD
3 years ago
Mar 01, 2021
Sell 799 K USD
Leavy David
Chief Corp Operating Officer
- 14550
 54.94 USD
3 years ago
Mar 02, 2021
Sell 216 K USD
Sims Savalle
General Counsel
- 3668
 58.77 USD
3 years ago
Mar 02, 2021
Sell 481 K USD
Wiedenfels Gunnar
Chief Financial Officer
- 8264
 58.154 USD
3 years ago
Mar 01, 2021
Sell 2.87 M USD
Wiedenfels Gunnar
Chief Financial Officer
- 50133
 57.21 USD
3 years ago
Mar 01, 2021
Sell 2.65 M USD
Wiedenfels Gunnar
Chief Financial Officer
- 46296
 57.206 USD
3 years ago
Mar 01, 2021
Sell 2.9 M USD
Wiedenfels Gunnar
Chief Financial Officer
- 50740
 57.233 USD
3 years ago
Mar 02, 2021
Sell 642 K USD
Wiedenfels Gunnar
Chief Financial Officer
- 10861
 59.098 USD
3 years ago
Mar 02, 2021
Sell 87 K USD
Wiedenfels Gunnar
Chief Financial Officer
- 1457
 59.723 USD
3 years ago
Mar 02, 2021
Bought 1.94 M USD
Wiedenfels Gunnar
Chief Financial Officer
+ 40000
 48.5 USD
3 years ago
Mar 02, 2021
Sell 5.4 M USD
LOWE KENNETH W
Director
- 111000
 48.6362 USD
3 years ago
Mar 01, 2021
Sell 454 K USD
Sims Savalle
General Counsel
- 8125
 55.825 USD
3 years ago
Mar 01, 2021
Sell 98.9 K USD
Locke Lori C.
Chief Accounting Officer
- 1703
 58.056 USD
7. News
How CNN might find its way to the auction block Analysts believe CNN makes what looks like a decent amount of money, around $750 million this year. Sounds good until you realize that's down from over $1 billion in 2020. nypost.com - 1 day ago
Investors Heavily Search Warner Bros. Discovery, Inc. (WBD): Here is What You Need to Know Zacks.com users have recently been watching Warner Bros. Discovery (WBD) quite a bit. zacks.com - 3 days ago
Warner Bros. Discovery: The Folie Of Debt And Box-Office Bombs Q3 earnings: beat on the bottom line, free cash flow could have been better (a lot better). The big concern, as always, is the debt level. Asset sales are a must at this point, and hopefully CEO David Zaslav acts on this sooner rather than later. seekingalpha.com - 1 week ago
Warner Bros. Discovery Catches A Well Deserved Break Warner Bros. Discovery achieved decent financial results despite YoY revenue declines and maintained a double-digit FCF yield, making it a good investment. The company's studios segment saw YoY underperformance, but content revenues remain strong, and the streaming segment continues to grow, especially internationally. The balance sheet is impacted by significant debt, but with $3.5 billion in cash and manageable interest rates, the focus is on debt reduction. seekingalpha.com - 1 week ago
The Score: Warner Bros. Discovery, JPMorgan Chase, Sony and More Stocks That Defined the Week Here are some of the major companies whose stocks moved on the week's news. wsj.com - 1 week ago
WBD Stock Rises on Q3 Streaming Strength, Studios Dampens Revenues Warner Bros. Discovery's third-quarter results reflect strong DTC subscriber growth, partially offset by dullness in the studios segment. zacks.com - 1 week ago
Warner Bros. Discovery Breaks Into The Black Warner Bros. Discovery achieved its first company-wide profit post merger. The DTC segment reported its best quarter ever. EBITDA was at record levels. The studios segment underperformed due to the "Barbie" movie in the previous fiscal year and "Joker" being a disappointment. seekingalpha.com - 1 week ago
Warner Bros. Discovery Stock Jumps as Record Max Subscriber Gains Boost Results Warner Bros. Discovery (WBD) shares surged Thursday after the media giant posted better-than-expected earnings as its Max streaming service set a record for new subscribers. investopedia.com - 1 week ago
Warner Bros. Discovery says it will beef up ads on its Max streaming service Warner Bros. Discovery says it will beef up ads on its Max streaming service. businessinsider.com - 1 week ago
Options Traders Blast 2 Stocks After Earnings Entertainment conglomerate Warner Bros Discovery Inc (NASDAQ:WBD) and video game giant Take-Two Interactive Software, Inc (NASDAQ:TTWO) are seeing higher-than-usual options activity after earnings. schaeffersresearch.com - 1 week ago
Warner Bros. Discovery Q3 Earnings Beat, Revenues Fall Y/Y WBD's third-quarter results reflect dullness in overall ad sales and distribution revenues. zacks.com - 1 week ago
Warner Bros. Discovery, Inc. (WBD) Q3 2024 Earnings Call Transcript Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants David Zaslav - President, Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer JB Perrette - CEO, President, Global Streaming and Games Andrew Slabin - Executive Vice President, Global Investor Strategy Conference Call Participants Steven Cahall - Wells Fargo David Karnovsky - JPMorgan Michael Nathanson - MoffettNathanson Rich Greenfield - Lightshed Partners Jessica Reif Ehrlich - Bank of America Securities Bryan Kraft - Deutsche Bank Benjamin Swinburne - Morgan Stanley Operator Ladies and gentlemen, welcome to the Warner Bros. seekingalpha.com - 1 week ago
8. Profile Summary

Warner Bros. Discovery, Inc. WBD

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COUNTRY US
INDUSTRY Entertainment
MARKET CAP $ 22.6 B
Dividend Yield 0.00%
Description Warner Bros. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It also produces, develops, and distributes feature films, television, gaming, and other content in various physical and digital formats through basic networks, direct-to-consumer or theatrical, TV content, and games licensing. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, Magnolia Network, Cooking Channel, ID, the Oprah Winfrey Network, Eurosport, DMAX, and Discovery Home & Health brands, as well as other regional television networks. Its content spans genres, including survival, natural history, exploration, sports, general entertainment, home, food, travel, heroes, adventure, crime and investigation, health, and kids. The company also operates production studios that develop and produce content; and digital products and Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing agreements, and direct-to-consumer subscriptions, as well as various platforms that include brand-aligned Websites, online streaming, mobile devices, video on demand, and broadband channels. Warner Bros. Discovery, Inc.is headquartered in New York, New York.
Contact 230 Park Avenue South, New York, NY, 10003 https://corporate.discovery.com
IPO Date July 8, 2005
Employees 35300
Officers Ms. Katarzyna Kieli President & MD of Discovery EMEA Mr. Dave Duvall Chief Information Officer Mr. David M. Zaslav President, Chief Executive Officer & Director Mr. Bruce L. Campbell Chief Revenue & Strategy Officer Mr. Jean-Briac Perrette President and Chief Executive Officer of Global Streaming & Games Mr. Gerhard Zeiler President of International Ms. Lori C. Locke Chief Accounting Officer & Executive Vice President Mr. Avi Saxena Chief Technology Officer Mr. Robert Lane Gibbs Chief Communications & Public Affairs Officer Ms. Jennifer Remling Chief People & Culture Officer