Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 147

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 147
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 content and services provided to or acquired from equity method investees, entities that share common directorship, or minority partners of consolidated subsidiaries. The table below presents a summary of the transactions with related parties (in millions).Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues and service charges (a)$161 $239 $375 $892 Expenses$84 $83 $152 $160 Distributions to noncontrolling interests and redeemable noncontrolling interests$17 $31 $174 $161 (a) The decrease in revenue and service charges in 2025 is primarily attributable to transactions with certain entities that are no longer considered related parties, as such entities and the Company ceased to share common directorship in 2025.

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WARNER BROS. DISCOVERY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

The table below presents receivables due from and payables due to related parties (in millions).June 30, 2025December 31, 2024Receivables$158 $254 Payables$45 $13 

NOTE 15. COMMITMENTS AND CONTINGENCIES

Legal MattersFrom time to time, in the normal course of its operations, the Company is subject to various litigation matters and claims, including claims related to employees, stockholders, vendors, other business partners, government regulations, or intellectual property, as well as disputes and matters involving counterparties to contractual agreements. A determination as to the amount of the accrual required for such contingencies is highly subjective and requires judgment about future events.The Company may not currently be able to estimate the reasonably possible loss or range of loss for certain matters until developments in such matters have provided sufficient information to support an assessment of such loss. In the absence of sufficient information to support an assessment of the reasonably possible loss or range of loss, no accrual for such contingencies is made and no loss or range of loss is disclosed, including with respect to the matters noted below. Although the outcome of these matters cannot be predicted with certainty and the impact of the final resolution of these matters on the Company’s results of operations in a particular subsequent reporting period is not known, management does not currently believe that the resolution of these matters will have a material adverse effect on the Company’s future consolidated financial position, future results of operations, or cash flows.Securities Class Action. On November 25,