Latest in warner bros. discovery

David Zaslav is a busy man, but I think he would benefit from a meeting with Alfred Hitchcock. They had this in common: Facing cycles of disruption, each decided to call a “time out” to gain perspective and design new strategies. And both likely would have enjoyed their interaction. As CEO of Warner Bros Discovery…

Warner Bros. Discovery’s European operation continues to take shape, with Hannes Heyelmann today unveiling his German management team. The shake-up sees the departure of Discovery Communications Deutschland Deputy Managing Director Alberto Horta. Heyelmann, a long-time Warner exec who has overseen original content…

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended…

Shares of Warner Bros. Discovery continued to fall Friday, down more than 15%, after its first combined financials report featured a big net loss, disappointing revenue, high debt and a slower outlook for streaming amid anticipate post-merger growing pains. Steven Cahall of Wells Fargo, downgraded the stock (from…

Warner Bros. Discovery plans to launch its streaming service that combines the assets of HBO Max and Discovery+ next summer in the U.S., the company said during its quarterly earnings call Thursday. With a target date set, there is a lot to figure out in the coming months, including what the consolidated platform will…

Warner Bros. Discovery is doubling down on HBO and HBO Max. Speaking of HBO & HBO Max Chief Content Officer Casey Bloys and his team, WBD President and CEO David Zaslav revealed that “we’re going to spend dramatically more” in 2022 and 2023 vs. 2020 and 2021. Execs, however, declined to give out any numbers, and a rep…

Kids and animated content are set for a broad swath of cuts across Warner Bros. Discovery. Yesterday, Deadline revealed that HBO Max had canceled Ellen DeGeneres' preschool series Little Ellen and it's emerged that this was part of a much wider strategy shift in kids animation. Warner Bros. Discovery operates kids…

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer. JB Perrette, CEO and President, Global Streaming and Interactive at WBD, revealed the news on the company's earnings call Thursday. "Our primary focus for the rollout will be in the markets where HBO Max…

CNN and Warner Bros. Discovery are launching a dedicated CNN Originals hub on Discovery+ domestically starting August 19. The curated selection of library CNN content will feature over 800 hours of premium current and legacy programming CNN Original Series, CNN Films and HLN Original Series. "We're thrilled to expand…

VFX Firm DNEG Promotes Chas Jarrett to Creative DirectorDune and Tenet VFX firm DNEG has promoted Chas Jarrett to Creative Director. Jarrett, who is based out of London, joined DNEG as a Senior VFX Supervisor in 2019 and is an industry veteran with credits on films such as Aladdin (2019), Logan, Sherlock H…

Warner Bros. Discovery is heading into a very important week. The company, whose regime just crossed the 100-days-in-office mark, reports its Q2 earnings Thursday, when CEO David Zaslav and his team are expected to lay out more concrete plans for the combined entity than they did on the Q1…

While a number of executives have left Warner Bros. as the integration with Discovery continues, Warner Bros. Discovery chief David Zaslav shored up the studio’s transition team today with a veteran who knows the studio maybe better than anyone: former president and chief operating officer Alan Horn…