{"filing":{"accession_number":"0001193125-26-256559","cik":"0001437107","ticker":"WBD","company_name":"Warner Bros. Discovery, Inc.","form":"8-K","filing_date":"2026-06-04","report_date":null,"primary_document":"d11897d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1437107/000119312526256559/d11897d8k.htm"},"events":[{"id":6781,"run_id":5941,"accession_number":"0001193125-26-256559","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Warner Bros. Discovery entered into $13B USD and €1.717B EUR term loan facilities on June 4, 2026, to refinance a $15B bridge loan. The refinancing is directly tied to the previously disclosed proposed acquisition of the Company by Paramount Skydance Corporation and is material to investors assessing the company's financial position and deal structure.","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-06-04","form":"8-K","submitted_at":null,"items":[{"id":4303,"accession_number":"0001193125-26-256559","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While the filing is technically Item 1.01 (Material Definitive Agreement), the substance centers on debt refinancing activity ($13B USD + €1.717B EUR term loans) entered into on June 4, 2026, to repay a $15B bridge loan. The disclosure explicitly references the \"previously disclosed proposed acquisition of the Company by Paramount Skydance Corporation\" as a significant corporate event that could trigger acceleration, indicating this refinancing is directly tied to M\u0026A activity. The scale ($13B+) and connection to the pending acquisition make this material to investors assessing the company's financial position and deal structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T04:55:34.418633+00:00","company_name":"","ticker":null,"filing_date":""},{"id":4304,"accession_number":"0001193125-26-256559","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.35,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference. Without access to Item 1.01 content, the specific nature of the obligation cannot be determined. Item 1.01 typically covers material acquisitions or dispositions (ma_activity) or other material contracts, but the obligation could also relate to debt, covenant breaches, or other financial events. Given the ambiguity and the requirement to classify based on available prose, 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":"2026-06-05T04:55:34.418633+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":4303,"accession_number":"0001193125-26-256559","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While the filing is technically Item 1.01 (Material Definitive Agreement), the substance centers on debt refinancing activity ($13B USD + €1.717B EUR term loans) entered into on June 4, 2026, to repay a $15B bridge loan. The disclosure explicitly references the \"previously disclosed proposed acquisition of the Company by Paramount Skydance Corporation\" as a significant corporate event that could trigger acceleration, indicating this refinancing is directly tied to M\u0026A activity. The scale ($13B+) and connection to the pending acquisition make this material to investors assessing the company's financial position and deal structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-05T04:55:34.418633+00:00","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-06-04"},{"id":4304,"accession_number":"0001193125-26-256559","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.35,"reasoning":"Item 2.03 discloses creation of a direct financial obligation by incorporating Item 1.01 by reference. Without access to Item 1.01 content, the specific nature of the obligation cannot be determined. Item 1.01 typically covers material acquisitions or dispositions (ma_activity) or other material contracts, but the obligation could also relate to debt, covenant breaches, or other financial events. Given the ambiguity and the requirement to classify based on available prose, 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":"2026-06-05T04:55:34.418633+00:00","company_name":"Warner Bros. Discovery, Inc.","ticker":"WBD","filing_date":"2026-06-04"}]}