Jason Momoa supposedly has a new woman in his life!
26.04.2022 - 17:55 / thewrap.com
millions of paying customers may cancel in the months ahead.In the first earnings report since Discovery’s $43 billion acquisition of the iconic Warner Bros. studios, the entertainment giant reported the former Discover business reported that profit increased to $456 million, compared with $140 million, in the year-ago period , while revenue jumped 13% to nearly $3.2 billion.
Subscriber numbers — a key metric on Wall Street to determine how streaming services are performing, and carry more weight for investors than profit and revenue figures — brought Discovery+ customers to a total of 24 million. Last week, former WarnerMedia parent company AT&T reported the total number for HBO and HBO Max increased subscribers by 11.8 million to 76.8 million during the quarter.
The entertainment giant’s first quarterly report comes amid criticism the industry made expensive wrong-way bets that consumers would quickly embrace a streaming future. Warner Bros.
Discovery officially became a new company on April 8, and 11 days later Netflix shocked Wall Street by reporting 200,000 subscribers cancelled accounts during the first quarter. It marked the first time in more than a decade the company lost subscribers, which management forecasts might snowball into the millions by June.David Zaslav, the longtime Discovery chief who now heads Warner Bros. Discovery, exacerbated concerns with the April 11 announcement CNN+ was being shuttered just three weeks after launch.
Jason Momoa supposedly has a new woman in his life!
By now, you’ve likely seen Marvel’s “Doctor Strange In The Multiverse of Madness,” or you wouldn’t be reading this. Or at least, you shouldn’t; this is your final, *spoilers ahead* warning.
Todd Spangler NY Digital EditorDisney+ kept its momentum fully charged as the streamer handily topped Wall Street growth forecasts for the March 2022 quarter.Disney’s flagship streamer gained 7.9 million customers in the first three months of 2022, to stand at 137.7 million, up 33% year over year. Analysts on average expected Disney+ to net 5.2 million new subscribers, per FactSet.The results come after rival Netflix reported a loss of 200,000 streaming subscribers for the same period and forecast a 2 million drop for Q2, leading investors to fear a sector-wide slowdown after a pandemic-fueled surge over the last two years.
Celebrating differently. John Mulaney’s ex-wife Anna Marie Tendler just shaded Mother’s Day as Olivia Munn celebrated her first as a mother. Both Anna and Olivia made Instagram posts about how they felt about the holiday celebrating moms.
On April 26, Deadline ran a story titled “WarnerMedia Employees Asked To Return To Office On Short Notice By Warner Bros. Discovery.” The four-paragraph post was prompted by chatter I had heard that WarnerMedia employees were upset over a memo they had received earlier in the day by Warner Bros. Discovery’s chief people and culture officer Adria Alpert Romm. In it, Romm informed staffers that they will be required to be in the office at least three times a week by June 1 and can ease into that hybrid schedule by starting to go to the office at least twice a week in May.
the company, led by CEO Bob Bakish, posted revenue of $7.4 billion and adjusted EPS of $1.52, in part because CBS hosted the Super Bowl in early 2021. Paramount’s stock is down 1% in pre-market trading on the New York Stock Exchange following the results.
Kourtney Kardashian and Travis Barker are taking over Italy!
Mino Raiola, the football ‘super agent’ whose extensive star-studded client list included the likes of Erling Haaland, Zlatan Ibrahimovic and Paul Pogba, has reportedly died. Italian media reported on Thursday afternoon that the 54-year-old had passed away after an illness.
Director Justin Lin made huge waves last night when it was announced he was officially exiting “Fast X“ days after production had already started with new additions to the franchise including actors such as Jason Momoa (“Aquaman“), Oscar-winner Brie Larson (“Captain Marvel“), and “The Suicide Squad” breakout Daniela Melchior.
the Q1 earnings were released. “As you’ve heard me say, we are not trying to win the direct-to-consumer spending war,” the WBD chief said, instead promising that the newly combined WarnerMedia-Discovery company would “invest in scale smartly.”He already made the first difficult choice within the first week after Discovery closed its $43 billion acquisitor of the larger WarnerMedia: Zaslav, notorious in the industry for being a no-nonsense cost-cutter, decided to close down the much-hyped CNN+.
Jennifer Maas TV Business WriterIn the wake of big spender Netflix’s Q1 shocking subscriber loss news, David Zaslav made a point to say Warner Bros. Discovery “will not overspend to drive subscriber growth” during Discovery’s first-quarter earnings call Tuesday.“As you’ve heard me say, we are not trying to win the direct-to-consumer spending war,” the WBD CEO said, instead promising that the newly combined WarnerMedia-Discovery company would “invest in scale smartly.”Warner Bros.
In Warner Bros Discovery’s first earnings call with Wall Street analysts, CEO David Zaslav re-emphasized his plan to take a prudent approach to streaming as he guides the newly merged company.
Netflix and Skydance Television have set the cast of the untitled Arnold Schwarzenegger spy adventure series, signing nine actors as series regulars to join Schwarzenegger in his first TV series role, and previously announced female lead Monica Barbaro. The list includes Travis Van Winkle (You), Gabriel Luna, reuniting with Schwarzenegger after starring together in Terminator: Dark Fate, Fortune Feimster (The Mindy Project), Jay Baruchel (This Is the End), Milan Carter (Warped!), Fabiana Udenio (Jane the Virgin), Barbara Eve Harris (Station 19), Aparna Brielle (A.P. Bio) and Andy Buckley (The Office).
“zaddy” known for playing NYPD Detective Elliot Stabler for the first 12 seasons of the hit NBC legal drama — has sold his allegedly haunted Hollywood Hills home to Rawson Marshall Thurber, the director of 2021’s “Red Notice” action flick as well as 2004’s “Dodgeball: A True Underdog Story.” Thurber, 47, paid $5.9 million for the five-bedroom, seven-bathroom house in an off-market deal, Dirt reported. Built in 1916, the gated half-acre property boasts a separate guest house, center hall, living room fireplace, pool and an otherworldly tenant: The ghost of actor Ozzie Nelson. Nelson — who is best known for co-starring in the sitcom “The Adventures of Ozzie and Harriet” with his wife Harriet from 1952 to 1966 — died of liver cancer in the house in 1975, aged 68.
Todd Spangler NY Digital EditorAT&T, in its Wall Street swan song as an entertainment entity, reported solid subscriber pickup for HBO Max and HBO for the first quarter of 2022. The now-divested WarnerMedia unit was again a drag on profitability because of continued investments in HBO Max and the launch of CNN+ — reflecting a key reason AT&T spun it off.WarnerMedia is now part of Warner Bros.
Warner Bros. has been developing an animated feature film based on the beloved monster-hit video game “Minecraft” for ages and it looks like the studio is ready to get things going sooner rather than later.