Company: WBD
Filing Date: 2025-12-09
Form Type: 425
Source: 0001193125-25-311838
Chunk: 9

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-12-09
Form: 425
Chunk 9
---
 to continue to grow. John Christopher Hodulik UBS Investment Bank, Research Division So the plan is not to synergize... Theodore A. Sarandos Co-CEO,President & Director Absolutely, not. There’s plenty of room. As Greg just showed how small we are relative to the rest of the universe. John Christopher Hodulik UBS Investment Bank, Research Division Makes sense. So maybe looking a little bit more near term, how would you describe this slate for 4Q and as you look out to ‘26? Theodore A. Sarandos Co-CEO,President & Director Well, hopefully, some folks in this room are watching Stranger Things right now. So we’ve had a really strong Q4. Obviously, Guillermo del Toro’s Frankenstein, nominated for the Globe this morning, which we’re super proud of. House of Dynamite, which is fantastic, and we have a new season — before the year is out, we still have 2 more drops of Stranger Things coming, a new season of Emily in Paris, Wake Up Dead Man, which is the new Knives Out movie. That’s all between now and just the end of the year. So we’re really excited about Q4. And both I think — some of our core brands, a lot of new titles as well that people are getting really excited about. And Wake Up Dead Man, as you know, we’ve had this incredible kind of run with this franchise. And this one will be — we tinkered around a bit with different theatrical models with this one, too. And I think it’s going to be a different way for people to get more and more excited about it. But it’s a healthy mix of our core brands and returning brands and all new titles coming up too. And you want me to go to ‘26 because we’re just happy about ‘26 because too -- we’re going into — we have Narnia from Greta Gerwig that’s we’re really excited about. We’ve got new movies from Charlize Theron, Apex. We’ve got the Rip with the Ben Affleck and Matt Damon. And Matt also did another movie that will come out later in the year called Animals. It’s incredible. And we’ve got returning seasons of Bridgeton and One Piece and Beef and a bunch of the brands that people really, really love. So we’re excited about ‘26 outside of this transaction. John Christopher Hodulik UBS Investment Bank, Research Division Got it. Okay. So