NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of investors who: (a) have exchanged shares of Discovery, Inc. (“Discovery”) common stock DISCOUNT DISCB, DISCK))) for common stock of Warner Bros. Discovery, Inc. (“Warner Bros.”) WBD pursuant to Discovery’s registration statement on Form S-4 dated February 4, 2022 and joint proxy statement/prospectus filed with the Securities and Exchange Commission (“SEC”) on February 10, 2022; and/or (b) have purchased shares of Warner Bros. common stock on the open market as of the date of filing of the Complaint on September 23, 2022, as described in the prospectus. If you wish to appear as lead plaintiff, you must file the motion in court by November 22, 2022 at the latest.

SO WHAT: If you exchanged Discovery common stock for Warner Bros. common stock pursuant to Discovery’s registration statement on Form S-4 dated February 4, 2022 and joint proxy statement/prospectus filed with the SEC on February 10, 2022 and/or shares of Warner Bros. open market common stock attributable to the prospectus through September 23, 2022, you may be entitled to compensation without payment of out-of-pocket expenses or costs under a contingency fee arrangement.

WHAT TO DO NEXT: To participate in the Warner Bros. Discovery Class Action, go to https://rosenlegal.com/submit-form/?case_id=8888 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for information about the Class Action. A class action lawsuit has already been filed. If you want to appear as lead plaintiff, you must call the court by November 22, 2022 at the latest. A lead plaintiff is a representative party acting on behalf of other group members in conducting the litigation.

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