Warner Bros. Discovery, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
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ITEM 2. Properties
The Company’s headquarters are located in New York City at 230 Park Ave. South. The Company owns and leases approximately 16 million square feet of offices; studios; technical, production and warehouse spaces; and other properties in numerous locations in the U.S. and around the world for its businesses. Each property is considered to be in good condition, adequate for its purpose, and suitably utilized according to the individual nature and requirements of the relevant operations housed within. The following table sets forth information as of December 31, 2025, with respect to the Company’s principal properties:
| Location | Principal Use | Approximate Square Footage | Type of Ownership; Expiration Date of Lease |
|---|---|---|---|
| Burbank, CA4000 Warner Blvd. | Studios | 2,600,000 | Owned. |
| New York, NY30 Hudson Yards | Streaming, Studios, Global Linear Networks, and Corporate | 1,500,000 | Leased; expires in 2034. |
| Leavesden, UKWarner Drive (Studios); Studio Tour Drive (Studio Tour); 5 and 6 Hercules Way (Leavesden Park) | Studios | 1,300,000 | Owned. |
| Atlanta, GA 1050 Techwood Drive | Streaming, Global Linear Networks, and Corporate | 1,170,000 | Owned. |
| Burbank, CA 100 and 200 South California Street | Studios and Corporate | 811,000 | Leased; Tower 1 expires in 2037, and Tower 2 expires in 2039. |
| Santiago, Chile Pedro Montt 2354 | Studios and Global Linear Networks | 610,000 | Owned. |
| Tokyo, Japan 1-1625-1, Kasuga-cho, Nerima-ku | Studios | 531,000 | Leased; expires in 2053. |
| Burbank, CA 3000 West Alameda Avenue | Studios | 436,000 | Leased; expires in 2027. |
| New York, NY230 Park Ave. South | Headquarters, Streaming, Studios, Global Linear Networks, and Corporate | 360,000 | Leased; expires in 2037. |
| Warsaw, Poland Wiertnicza 166 | Streaming, Studios, Global Linear Networks, and Corporate | 335,000 | Owned. |
| Culver City, CA 8900 Venice Boulevard | Streaming and Global Linear Networks | 244,000 | Leased; expires in 2036. |
| Cardington, Bedfordshire, UKCardington Airfield, Shed 1 | Studios | 220,000 | Leased; expires in 2027. |
| Radlett, UKVentura Park, Old Parkbury Lane | Studios | 198,000 | Leased; expires in 2028 and 2034. |
| Krakow, PolandPlk. Dabka 2 | Studios and Global Linear Networks | 151,000 | Leased; expires in 2026. |
| Hyderabad, IndiaPhoenix Equinox Tower 2 | Corporate | 139,000 | Leased; expires in 2030. |
| Buenos Aires, Argentina 599 and 533 Defensa Street | Streaming, Studios, Global Linear Networks, and Corporate | 129,000 | Owned. |
| London, UK 160 Old Street | Streaming, Studios, Global Linear Networks, and Corporate | 116,000 | Leased; expires in 2034. |
| London, UK Chiswick Park, Bldg. 1 & 2 | Streaming, Studios, Global Linear Networks, and Corporate | 115,000 | Leased; expires in 2034. |
| Richmond, Canada13480 Crestwood Place | Studios | 114,000 | Leased; expires in 2030. |
| Hyderabad, IndiaBlock A, International Tech Park | Corporate | 110,000 | Leased; expires in 2028. |
| Washington, DC 820 First Street | Global Linear Networks | 110,000 | Leased; expires in 2031. |
| Location | Principal Use | Approximate Square Footage | Type of Ownership; Expiration Date of Lease |
|---|---|---|---|
| Mexico City, MexicoPaseo de las Palmas, 425 Col.Lomas de Chapultepec | Corporate | 91,000 | Leased; expires in 2029. |
| Paris, France L’Amiral, ZAC Forum Seine | Streaming, Global Linear Networks, and Corporate | 81,000 | Leased; expires in 2031. |
| Bangalore, IndiaEmbassy Tech Village, Block 8C | Corporate | 64,000 | Leased; expires in 2030. |
| Paris, FranceEquilis 46 rue Camille Desmoulins | Streaming, Global Linear Networks, and Corporate | 50,000 | Leased; expires in 2034. |
| Sterling, VA 45580 Terminal Drive | Global Linear Networks and Corporate | 54,000 | Owned. |
| Knoxville, TN265 Brookview Center Way | Global Linear Networks and Corporate | 53,000 | Leased; expires in 2033. |
| Bellevue, WA225 108th Avenue NE | Streaming | 48,000 | Leased; expires in 2030. |
| Silver Spring, MD 8403 Colesville Road | Global Linear Networks and Corporate | 47,000 | Leased; expires in 2030. |
| Warsaw, PolandQ22 Building, Jana Pawla II | Corporate | 39,000 | Leased; expires in 2031. |
| Mexico City, Mexico405 Paseo de las Palmas Avenue | Corporate | 31,000 | Leased; expires in 2030. |
| Many of the listed locations are occupied by multiple segments; the most critical or the principal occupiers are listed here. | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.