Warner Bros. Discovery

TBS, HBO (Max), Discovery Education, Cinemax, TNT, WarnerMedia, Discovery Inc., CNN
New York, California
Media and Entertainment

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

Warner Bros. Discovery is the result of a 2022 merger between WarnerMedia and Discovery. Discovery Inc., a subsidiary of Warner Bros. Discovery, scored a 65 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, the company increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, and philanthropic support. Discovery and CNN provides a benefits package for employees which covers travel/lodging costs for an abortion. Warner Bros. does not provide its employees with protections against viewpoint discrimination but has not publicly terminated business relationships due to views or beliefs. Warner Bros. Warner Media opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Warner Bros. Discovery receives a Medium Risk rating.

Board Bias

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CEO of Warner Bros. Discovery

David Zaslav

David Zaslav

Summary:

Headquartered in New York, California, Warner Bros. Discovery is a member of the Fortune 250 operating in the Media and Entertainment industry. David Zaslav and Samuel A. Di Piazza, Jr. serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $713,308 to Republican causes and $409,718 to Democratic causes. Under their tenure, Warner Bros. Discovery currently holds a 'Medium Risk' risk rating.

Political Contributions of Leadership:

$713,308

$409,718

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/8/23GovernanceKenneth SteinerSimple Majority VoteAgainst43.00%
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