Warner Bros. Discovery is an American multinational mass media and entertainment conglomerate based in New York City. The company works in the following areas: film, television, cable networks and publishing operations. The following is a list of major assets that are owned by Warner Bros. Discovery. As of 2023, the company's assets are reported under three segments: Studios (which consists of the Warner Bros. film and television studios, alongside the company's consumer products, interactive entertainment, licensing and publishing divisions), Networks (which consists of the company's television portfolio including its entertainment, lifestyle, news and sports networks) and DTC (which consists of HBO and the company's streaming services, including Max and Discovery+).

Warner Bros. Entertainment

Warner Bros. Motion Picture Group

Warner Bros. Television Group

Warner Bros. Discovery Networks

The Cartoon Network, Inc.

Entertainment Group

Factual & Lifestyle Group

Home Box Office, Inc.

CNN Worldwide

TNT Sports

Warner Bros. Discovery Global Streaming & Games

Global Streaming

Warner Bros. Games

Warner Bros. Discovery Global Experiences

Warner Bros. Discovery International

Asia-Pacific

India

New Zealand

Europe, Middle East and Africa

Poland

Latin America

Former assets

Divested

Dormant or shuttered

These are Warner Bros. Discovery divisions which have been closed or folded into another part of the company.