Who Owns Cartoon Network?
Updated onExplore the ownership hierarchy of Cartoon Network. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Cartoon Network
Cartoon Network is an American children’s television and digital entertainment brand that offers animated series, videos, and online games for kids and families, owned by Warner Bros. Discovery.
Warner Bros.
Warner Bros. is an American film, television, and entertainment studio, and a flagship subsidiary of Warner Bros. Discovery, producing and distributing movies, TV shows, games, and related content worldwide.
Warner Bros. Discovery
Warner Bros. Discovery is a global media and entertainment company formed in 2022 through the merger of WarnerMedia and Discovery, operating film, television, streaming and news brands including HBO, Warner Bros., CNN and Discovery.
Cartoon Network
Cartoon Network is an American children’s television and digital entertainment brand that offers animated series, videos, and online games for kids and families, owned by Warner Bros. Discovery.
Warner Bros.
Warner Bros. is an American film, television, and entertainment studio, and a flagship subsidiary of Warner Bros. Discovery, producing and distributing movies, TV shows, games, and related content worldwide.
Warner Bros. Discovery
Warner Bros. Discovery is a global media and entertainment company formed in 2022 through the merger of WarnerMedia and Discovery, operating film, television, streaming and news brands including HBO, Warner Bros., CNN and Discovery.
Major Shareholders
Warner Bros.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Warner Bros. Discovery, Inc. Warner Bros. Entertainment Inc. ("Warner Bros.") is the flagship namesake subsidiary of Warner Bros. Discovery, Inc., and is not separately publicly traded; it is wholly owned by Warner Bros. Discovery. Warner Bros. Discovery itself is listed on Nasdaq under the ticker WBD, and its largest disclosed shareholders as of late 2025 include The Vanguard Group (≈11%), BlackRock (≈7%), State Street (≈6%), Advance Publications/Newhouse interests (≈4%), and Harris Associates (≈4%). | Corporate | 100.0% | 100.0% | — |
Warner Bros. Discovery
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
The Vanguard Group, Inc. Schedule 13G/A filed Oct. 31, 2025 reports Vanguard beneficially owning about 281.2 million WBD shares, approximately 11.35% of the company’s common stock, based on ~2.48 billion shares outstanding at the time. | Institutional | 11.3% | 11.3% | Oct 2025 |
BlackRock, Inc. Yahoo Finance’s major holders table for Q3 2025 shows BlackRock holding roughly 184.6 million WBD shares, or about 7.45% of shares outstanding; a 2024 Schedule 13G/A had earlier disclosed around 6.3% beneficial ownership. | Institutional | 7.5% | 7.5% | Sep 2025 |
State Street Corporation Q3 2025 institutional holder data list State Street with about 158.3 million shares (~6.39%); a March 31, 2025 Schedule 13G filing reported roughly 169.5 million shares (about 6.9% of WBD). | Institutional | 6.4% | 6.4% | Sep 2025 |
Advance Publications / Newhouse family (via Advance/Newhouse entities) Advance/Newhouse entities (including A/NPP Diversified Holdings LLC and Newhouse Broadcasting Corporation) reported beneficial ownership of about 98.2 million WBD shares (3.97%) in a June 30, 2025 Schedule 13D/A, after selling 100 million shares in a block trade; this stake is often summarized as Advance Publications owning ~3.97% of WBD. | Family | 4.0% | 4.0% | Jun 2025 |
Harris Associates L.P. As of Sept. 30, 2025, Yahoo Finance’s institutional holders data show Harris Associates holding roughly 96.0 million WBD shares, representing about 3.87% of the company’s outstanding common stock. | Institutional | 3.9% | 3.9% | Sep 2025 |
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