Edited Episodes of HBO’s ‘Silicon Valley,’ ‘True Blood’ to Air on TBS, TNT in Warner Bros. Discovery Experiment (EXCLUSIVE)

Jennifer Maas TV Business Writer Never fear, genre fans: Warner Bros. Discovery is intent on mining as much of its tentpole Warner Bros. IP as possible in the near future, whether that be through its upcoming revamped DC Universe, the newly announced “The Lord of the Rings” movies, or more projects based on J.K. Rowling’s “Harry Potter” franchise amid the success of video game “Hogwarts Legacy.” “DC is an enormous opportunity and two important building blocks are in place now with the leadership team, Peter [Safran] and James [Gunn], and James has been breathing comics for as long as he’s been alive, essentially,” Warner Bros. Discovery CFO Gunnar Wiedenfels said during a panel at Morgan Stanley’s investor conference Wednesday. “A great creative leader here. And the second building block that is in place is the one-company approach, because I think you can only manage a franchise if everything is coordinated and the team is working together extremely well. There’s an enormous level of collaboration and joint decision making around what should work hand in hand across the franchise.”

Nick Vivarelli International Correspondent Middle East satellite and streaming platform OSN Group has extended its relationship with Warner Bros. Discovery forging a new multi-year licensing deal under which it will become the exclusive home for HBO content in the region. In addition to HBO shows, such as “Succession,” the renewed agreement has been expanded to cover additional content and channel offerings from Warner Bros. giving OSN premium access to recent blockbuster movie hits such as “The Batman,” “Dune,” “The Matrix Resurrections,” and “The Suicide Squad.” The deal was announced in Dubai with “Succession” star Brian Cox on hand.

Japanese streamer U-Next has renewed its content deal with Warner Bros Discovery, under which it will continue to be the SVOD streaming home of HBO programming in Japan. 

Patrick Frater Asia Bureau Chief Warner Bros. Discovery and Japan’s U-Next have announced an extension of their relationship with a renewed deal to supply content to the SVOD platform. The agreement sees U-Next continue as the streaming home of HBO in Japan. Featuring exclusive content rights for HBO, HBO Original and HBO Max Original series, the strengthened agreement includes: current and future seasons of HBO’s “House of the Dragon,” “The Last of Us” and “Succession” as well as returning HBO Original and HBO Max Original series “True Detective: Night Country,” “Winning Time: The Rise of the Lakers Dynasty” and “And Just Like That…”

Jennifer Maas TV Business Writer What started as a singing competition special featuring Wiz Khalifa and Bebe Rexha that aired during NBA All-Star Weekend on TNT is now being shopped as a full-format series, Variety has learned. From “The Biggest Loser” and “World of Dance” executive producer Alex Katz, co-founder of Anagram Studios, the special was titled “The Sum” and though it prominently featured Wiz Khalifa and Rexha, they weren’t the competitors. Their fans, singing along to their hit songs, were the real players. Per “The Sum’s” description, “‘The Sum’ is an original concept based on the best part of any concert — fans singing along with the artists, also known as ‘the common chorus effect.’ In ‘The Sum,’ fans share the spotlight with their favorite music stars by performing a song together.”

Foxtel Group and Warner Bros Discovery have renewed their multi-year content agreement, under which the Australian pay-TV operator and streamer will remain the home of HBO, Max Originals, Warner Bros and Discovery programming in Australia.

Seven months after landing the highly coveted top jobs at Warner Bros. Motion Picture studios, Co-Chairpersons Michael De Luca and Pamela Abdy were bestowed with the PGA Milestone award tonight and paid respect for their mega industry mentors, remembered emotionally their cinematic NYC and New Jersey youths, and gave a huge shoutout to their new boss, Warner Discovery CEO David Zaslav.

Warner Bros. Discovery Inc. is suing Paramount Global, saying its competitor aired new episodes of the popular animated comedy series “South Park” after Warner paid for exclusive rights.

“Screw you guys, we’re going to sue,” a Cartman paraphrasing Warner Bros Discovery essentially said to Paramount Global and the series creators today in a scathing lawsuit over South Park streaming rights.

,” HBO Max said in a statement to TheWrap.Warner Bros. Discovery claims that Paramount’s priorities “changed drastically” upon the launch of Paramount+ in 2021, resulting in a “multi-year scheme to unfairly take advantage” of the former conglomerate by breaching its agreement and “stealing its content.”Per the 2019 agreement, where Warner/HBO outbid others in a competitive situation to garner the exclusive rights to the series, the company acquired the series’ entire catalog (23 seasons at the time) in addition to three new installments, totaling more than 300 episodes.

Gene Maddaus Senior Media Writer HBO Max’s parent company has filed a lawsuit that accuses Paramount Global of reneging on parts of the $500 million licensing deal set in 2019 for the streaming rights to episodes of “South Park.” The suit, filed Friday in New York state Supreme Court, asserts that Paramount breached the contract by steering “South Park” specials and other content to its own Paramount+ platform. The suit alleges that Paramount “blatantly intended to prop up Paramount+ at the expense of Warner/HBO,” and that Paramount engaged in “multiple and flagrant duplicitous contortions of fact and breaches of contract.”

The Wrap.“But for all the scope and detail lovingly packed into the two trilogies, the vast, complex and dazzling universe dreamed up by J.R.R. Tolkien remains largely unexplored on film. The opportunity to invite fans deeper into the cinematic world of Middle-earth is an honor, and we are excited to partner with Middle-Earth Enterprises and Embracer on this adventure.”The cost of the deal made between Warner Bros., New Line Cinema and Embracer Group — the current rights holders to Tolkien’s novels — has yet to be released.

Jennifer Maas TV Business Writer SPOILER ALERT: This interview contains spoilers from “Poker Face” Episode 8, titled “The Orpheus Syndrome,” now streaming on Peacock. “Poker Face” took on a “Salvador Dali having a party with Alfred Hitchcock” vibe for its Episode 8 — directed and co-written by star Natasha Lyonne, who provided Variety with that delightful description for the installment, titled “The Orpheus Syndrome.” The Thursday episode of Rian Johnson’s hit Peacock howdunit followed Lyonne’s human lie-detector Charlie Cale in her latest murder mystery, guest starring Nick Nolte, Cherry Jones, Luis Guzmán, Tim Russ and Rowan Blanchard. This case, which ended up being a double homicide, hit her particularly hard after she grew very close to the second victim, a monster-movie maker named Arthur (played by Nick Nolte) whom she began working for in his creature-feature shop at the top of the episode. Arthur was murdered by Jones’ Laura, his former business partner who first killed her husband Max (Russ), after he discovered a dark secret from Arthur, Laura and Max’s early days making horror flicks together.

Brian Steinberg Senior TV Editor David Zaslav sounds tired of taking lumps. After months of cost cutting, write-downs, and getting pilloried among Hollywood natives for killing projects, the Warner Bros. Discovery chief showed off some new truculence, making the case that while his newly-merged company has been having a tough time, so too were others. “‘Last year was a year of restructuring,” said Zaslav, during a call with investors Thursday. “This year will be a year of building.” Over the course of an hour, Zasalv and Gunnar Wiedenfels, Warner’s chief financial officer, made the case that their company was just as well-equipped as any of its rivals — perhaps even more so — to withstand a stormy era during which media companies are pressed to grow their streaming operations but maintain profitability. Zaslav elbowed Netflix for releasing all of the episodes for a program’s cycle all at once; suggested that a move to launch new “Lord of the Rings” movies would take away some of the momentum that Amazon had enjoyed from its launch of a series based on the novels; and told listeners Warner Bros. Discovery could launch an ad-supported streaming service without having to buy an outside asset, as Fox Corp. and Paramount Global had. “We can create a Tubi or a Pluto without having to buy anybody,” he boasted.

Call “2023 will be a year of building,” Warner Bros Discovery boss David Zaslav made a point today on the company’s latest earnings call to sing the praises of CNN’s “more inclusive range of voices and viewpoints.”

Warner Bros. Discovery CFO Gunnar Wiedenfels today predicted the company will hit $4 billion in total cost savings from the merger of Discovery and Warner Media – up from a previous commitment to hit $3.5 billion.

Brian Steinberg Senior TV Editor Warner Bros. Discovery continued to work on making all its various pieces, merged together last year, into a cohesive whole. The New York owner of the TNT and TBS cable networks, the HBO Max streaming service and the Warner Bros. production studio reported a net loss of $2.1 billion for its fiscal fourth quarter after the company wrote down $1.85 billion in assets and faced nearly $1.2 billion in restructuring expenses. Revenue fell 9%, excluding the results of foreign exchange, and the company saw ad sales decrease 14% as its TV networks, even as it worked to add subscribers to its HBO Max and Discovery+ streaming outlets.

Jennifer Maas TV Business Writer HBO, HBO Max and Discovery+ added 1.1 million subscribers in Q4 to end 2022 with a total of 96.1 million worldwide. That’s up from the 95 million combined global streaming customers Warner Bros. Discovery hit from July 1-Sept. 30, the quarter during which the highly anticipated “Game of Thrones” prequel “House of the Dragon” debuted. During the Oct. 1-Dec. 31 quarter, “House of the Dragon” concluded its first season the second season of HBO’s hot Mike White drama “White Lotus” premiered. Details about the upcoming combined HBO Max-Discovery+ streamer — which does not yet have a name, launch date or pricing details — will be revealed at an April 12 press day.

increasing by $1 to $15.99 per month, a change not reflected in the just-reported quarterly results. The hike came as Warner plans to launch a combined, ad-supported offering of HBO Max and Discovery+ later this year at a lower price point.

The incoming Warner Bros. Discovery (WBD)/ BT Group UK sports streaming JV will be named TNT Sports, the U.S. media giant has revealed.