NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds investors that they have: (a) exchanged common stock of Discovery, Inc. (“Discovery”) 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) acquired shares of Warner Bros. common stock on the open market traceable as of the September 23, 2022 Complaint filing date of the Relevant Prospectus November 22, 2022 deadline for the plaintiff.

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 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.

WHY ROSES LAW: We encourage investors to select qualified advisors with a track record in leadership positions. Frequently, companies that issue notices do not have comparable experience, resources, or meaningful recognition from peers. Many of these firms don’t actually conduct securities class actions,…