Warner Bros. Discovery, Inc. (formerly Discovery, Inc.) is a media and entertainment group organized around three business lines: - broadcasting of TV channels in the United States and internationally (48.7% of net sales); - audiovisual production and distribution (28%): primarily production, distribution and licensing of films and television programmes; - pay-TV broadcasting and streaming (23.3%). Net sales by revenue source breaks down into royalties and distribution rights (49%), sales of audiovisual content and rights (27.1%), sale of advertising space (21%) and other (2.9%). The United States accounts for 67.8% of net sales.