{"filing":{"accession_number":"0001193125-26-240646","cik":"0001437107","ticker":"WBD","company_name":"Warner Bros. Discovery, Inc.","form":"8-K","filing_date":"2026-05-27","report_date":null,"primary_document":"d98713d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526240646/d98713d8k.htm"},"events":[{"id":8719,"run_id":7656,"accession_number":"0001193125-26-240646","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.8,"summary":"Warner Bros. Discovery obtained requisite consents for amendments to indentures related to the pending Paramount Skydance acquisition. The supplemental indentures modify the timing and terms of required exchange transactions contingent on the Acquisition's consummation or termination, representing a material step in the merger transaction.","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-05-27","form":"8-K","submitted_at":null,"items":[{"id":1888,"accession_number":"0001193125-26-240646","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While Item 1.01 nominally covers entry into material definitive agreements, the substance of this disclosure centers on debt restructuring amendments tied to the pending Paramount Skydance acquisition. The supplemental indentures modify the timing and terms of required exchange transactions contingent on the Acquisition's consummation or termination, making this fundamentally an M\u0026A-related event. The disclosure explicitly references the \"Agreement and Plan of Merger\" and conditions the Junior Lien Exchange Notes on whether the Acquisition closes, placing the material event within the ma_activity category rather than a standalone debt covenant or financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1889,"accession_number":"0001193125-26-240646","item_number":"3.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to security holders' rights by incorporating Item 1.01 by reference. Without access to the Item 1.01 content, the specific nature of the modification cannot be determined. Item 1.01 typically covers business combinations or material agreements, but the modification to security holders' rights could relate to M\u0026A activity, debt restructuring, or other material corporate events. Given the ambiguity and the explicit materiality signal in Item 3.03, this is classified as other_material pending visibility into the referenced Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1890,"accession_number":"0001193125-26-240646","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses receipt of \"Requisite Consents for the adoption of the Proposed Amendments to the indentures\" in connection with \"previously announced Consent Solicitations\" related to an acquisition. The extensive forward-looking statements reference \"the Acquisition\" involving Paramount and WBD, including risks of closing conditions, antitrust clearance, and integration. This represents a material step in a merger or acquisition transaction that would affect investor assessment of the registrant's strategic direction and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1888,"accession_number":"0001193125-26-240646","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While Item 1.01 nominally covers entry into material definitive agreements, the substance of this disclosure centers on debt restructuring amendments tied to the pending Paramount Skydance acquisition. The supplemental indentures modify the timing and terms of required exchange transactions contingent on the Acquisition's consummation or termination, making this fundamentally an M\u0026A-related event. The disclosure explicitly references the \"Agreement and Plan of Merger\" and conditions the Junior Lien Exchange Notes on whether the Acquisition closes, placing the material event within the ma_activity category rather than a standalone debt covenant or financing event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-05-27"},{"id":1889,"accession_number":"0001193125-26-240646","item_number":"3.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to security holders' rights by incorporating Item 1.01 by reference. Without access to the Item 1.01 content, the specific nature of the modification cannot be determined. Item 1.01 typically covers business combinations or material agreements, but the modification to security holders' rights could relate to M\u0026A activity, debt restructuring, or other material corporate events. Given the ambiguity and the explicit materiality signal in Item 3.03, this is classified as other_material pending visibility into the referenced Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-05-27"},{"id":1890,"accession_number":"0001193125-26-240646","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses receipt of \"Requisite Consents for the adoption of the Proposed Amendments to the indentures\" in connection with \"previously announced Consent Solicitations\" related to an acquisition. The extensive forward-looking statements reference \"the Acquisition\" involving Paramount and WBD, including risks of closing conditions, antitrust clearance, and integration. This represents a material step in a merger or acquisition transaction that would affect investor assessment of the registrant's strategic direction and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-28T02:13:24.441686+00:00","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-05-27"}]}
