Todd Gilchrist editor Warner Bros. will commemorate its 100th anniversary with a block of programming on Turner Classic Movies starting April 1. TCM will broadcast remastered and newly restored versions of 10 classic Warner Bros. films, each featuring an introduction from a filmmaker or film expert culled from the network’s ongoing partnership with the Film Foundation, a non-profit preservation and exhibition organization. The program coincides with the April 13-16 run of the TCM Classic Film Festival in Hollywood. On April 13, a new 4K restoration of 1959’s “Rio Bravo,” Howard Hawks’ classic western starring John Wayne, Dean Martin, Ricky Nelson and Angie Dickinson, will premiere on TCM and serve as the opening night film of the festival. Dickinson will attend the in-person event, while Martin Scorsese will introduce the film on TCM’s small-screen presentation. Similarly, Warner Bros. will premiere a new 4K restoration of Elia Kazan’s “East of Eden,” starring James Dean, on both the big screen and the network, the latter featuring an introduction by filmmakers Wes Anderson and Joanna Hogg.
Warner Bros. Discovery Announces Rebranded Access Directors Program (EXCLUSIVE)
09.03.2023 - 22:03 / variety.com
Charna Flam After the recent decision to reshape its directors’ training program, Warner Bros. Discovery (WBD) announced its new Access Directors Program. WBD has rebranded and expanded the directors’ program to assist and nurture television directors through workshops and shadowing, led by WBD’s Diversity, Equity, and Inclusion (DEI) team. Participants will receive the opportunity to direct a full WBD television episode. In addition to workshops, directors will have the chance to work on WBD shows and participate in a virtual curriculum focused on best practices and equity mindset sessions, with the ability to shadow directors on up to two television episodes (during which participants may receive a small childcare stipend).
In October, Warner Bros. Discovery revealed that, amid wider restructuring at Warner Bros. TV Group, its long-running Writers Workshop and Directors Workshop would move from Warner Bros. Television to the conglomerate’s DEI unit. The new Writers and Directors Workshop were said to “will build on the successful program initiated by WBTV and expand it across the entire WBD content portfolio.” Plus, the original workshops did not have a specific DEI focus, but the new program does. Directors Mary Lou Belli and Bethany Rooney, who previously taught the Warner Bros. Television workshop and are co-authors of “Directors Tell the Story,” return to lead the program and in-person workshop. Belli and Rooney will provide the up-and-coming directors with insight into all facets of television, including developing episodic television, prep expectations and working collaboratively with the cast and crew. “We are excited to continue the legacy of the Directors Program and expand the program, which will continue
Warner Bros. Discovery Pares Measurement Providers Down to Comscore, VideoAmp
Brian Steinberg Senior TV Editor Warner Bros. Discovery is giving a league of would-be providers of TV-audience measurement its own appraisal. After tapping Comscore, iSpot.TV and VideoAmp last year to help build a new suite of technologies that will help count viewers across linear, digital and connected television, the big entertainment company is paring down its provider list. Comscore and VideoAmp will serve as partners during Warner Bros. Discovery’s efforts during the industry’s next “upfront” sales session. “Our methodology was quite rigorous,” says Andrea Zapata, the company’s executive vice president and head of ad sales research, measurement and insights, in an interview.
Warner Bros. Discovery Stock Upgraded by Analysts Bullish on Execs’ Free Cash Flow-Based Bonuses
Jennifer Maas TV Business Writer Warner Bros. Discovery received stock upgrades from two media analyst firms Friday for, among other things, making the decision to tie bonuses for CEO David Zaslav and his team to free cash flow performance. “We threw everything and the kitchen sink at a Downside Case scenario for WBD, and it still delevers to 3x by ’25E,” Wells Fargo analysts wrote in a research note published Friday, in which they upgraded WBD’s stock to “overweight” with a price target increase from $13 to $20 per share. “We now have conviction in FCF to limit downside, while the stock has asymmetric upside.” Meanwhile, Wolfe Research moved WBD from its “peer perform” rating to “outperform” and also upped the price target to $20. (At time of publication Friday, WBD stock was trading at $14.51 per share.)
Warner Bros. Discovery Shares Rise After Upgrades on Merger Integration Progress
series of layoffs and reshuffled top executives last year, and in the fourth quarter of 2022 it booked $3.05 billion in charges related to the merger.“Last year was a year of restructuring, 2023 will be a year of building. And off we go,” Warner Bros. Discovery CEO David Zaslav told analysts on the company’s earnings call.
Warner Bros. Discovery U.S. Hispanic, GroupM and Cocina Media Partner on New Series From Celebrity Chef Aarón Sánchez (EXCLUSIVE)
Brent Lang Executive Editor Warner Bros. Discovery U.S. Hispanic has partnered with GroupM and Cocina Media on “El Toque de Aarón.” The all-new original seriesfollows celebrity chef Aarón Sánchez and his team as they help Latino restaurants in the Los Angeles area reach new heights. Kimberly Clark’s VivaÒ Paper Towels Brand will be an integrated sponsor, with other GroupM clients featured throughout the series. Sánchez will also act as an executive producer. The six-part series unfolds in Latino restaurants with great potential, ready to seize the opportunity to optimize their business – from devising a more exciting menu to improving the overall aesthetics to streamlining their execution and raising their public profile. Sánchez will help reimagine these restaurants to bring out their true soul, with a revamped menu and a refreshed space. In each 30-minute episode, the culinary wizard will put his personal touch on each menu item, while mentoring each restaurant’s chef and sharing tips and tricks of the trade along the way. Helping to round out the renewals with much-needed renovations are designer Cris Mercado (“HGTV Star; Remodelaciones con Celebridades“) and project manager Ángel Riveros (“Hogar Star”). Complicating matters is the fact that they have only four days to achieve this mission. The clock is ticking.
Warner Bros. Discovery, Prime Video Unveil Launch Date, Pricing of Warner Day Offer in France
Elsa Keslassy International Correspondent Warner Bros. Discovery and Amazon Prime Video have set the launch date and pricing for their ‘Warner Pass’ offer in France to March 16. Priced at €9.99 per month, the offer will be available exclusively on Amazon Prime Video Channels in France, and will boast all of HBO programs, along with 12 channels, including Warner TV, Eurosport, Discovery Channel, Cartoon Network and CNN, as well as their associated on-demand services. Subscribers will benefit from a 30-day free trial until April 3. “The launch of Warner Pass exclusively as a Prime Video channel in France is the next step in our journey to become the destination for customers in France to find the best in storytelling, premium entertainment and sports,” said Brigitte Ricou-Bellan, Prime Video French Country Director.
Warner Bros. Discovery Worried That ‘HBO’ Name Turns Off New Subscribers
Bloomberg reported on Thursday and TheWrap independently confirmed.The name change is meant to signal that the service will not just be HBO Max with Discovery content, nor will HBO Max be ported over to Discovery+. “Max” is the leading contender, though Warner Bros.
Warner Bros. Discovery Rebrands Directors Program After U-Turn
Warner Bros. Discovery is continuing its directors program after all.
Warner Bros. Discovery CFO on ‘Harry Potter’ and ‘Lord of the Rings’ Franchises: ‘We’re Only Just Starting to Expand’
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.”
HBO Shows to Play Exclusively in Middle East on OSN Under Expanded Deal With Warner Bros. Discovery (EXCLUSIVE)
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.
Japan’s U-Next Renews HBO Content Deal With Warner Bros Discovery
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.
HBO Supply Deal With Japanese Streamer U-Next Renewed by Warner Bros. Discovery
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…”
Warner Bros. Discovery, Grappling With Debt, Has Room for Bonuses For Executives Who Can Reduce Some
Brian Steinberg Senior TV Editor Warner Bros. Discovery, which is struggling with billions of dollars in debt, is willing to pay more money to executives who might be able to help reduce it. The owner of HBO, Discovery Channel and Food Network said Monday in a filing with the U.S. Securities and Exchange Commission that it would pay out new rewards to CEO David Zaslav, six senior staffers and an unspecified group of others if they could meet certain goals of new generation of free cash flow. “The changes to the Warner Bros. Discovery executive compensation program are designed to further incentivize Company employees, including members of its leadership team and others whose efforts are critical to achieving the key near-term financial objectives of increased free cash flow and reduced leverage,” said WBD board chairman Samuel A. Di Piazza, Jr. in a prepared statement.“The WBD board is confident that these additional incentives offer a more competitive package against the backdrop of ongoing industry-wide transformation and economic headwinds, and better position the company to advance core drivers of shareholder value.”
Warner Bros. Discovery To Boost CEO David Zaslav’s Stock Bonus Based On Free Cash Flow
Warner Bros. Discovery has tweaked its CEO’s employment contract, granting a bigger pot of restricted stock units but linking them to free cash flow targets.
Australia’s Foxtel Renews Content Pact With Warner Bros Discovery
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.
Australia’s Foxtel and Warner Bros. Discovery Renew Content Supply Pact, Seek Flexibility for Evolving Streaming Era
Katherine Tulich Australian pay-TV Foxtel Group has held on to its top HBO programming hits, “House of the Dragon,” “The Last of Us,” “Succession” and “The White Lotus” with the Wednesday announcement of a renewed content supply deal. Foxtel will remain the Australian home of HBO, Max Originals, Warner Bros. and Discovery content. The pact between Foxtel and Warner Bros. Discovery is touted as “a multi-year, multi-faceted content and platform agreement” that reflects the evolution of Foxtel from legacy pay-TV operator into a streaming player. It also allows further wiggle room as circumstances continue to change.
Warner Bros Bosses Michael De Luca & Pamela Abdy Accept PGA Milestone: Execs Who’ll “Go To The Mat For The Story And The Artists They Believe In” Says Ron Howard
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 Sues Paramount Over ‘South Park’ Deal
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.
‘South Park’ Showdown: Warner Bros Discovery Hits “Opportunistic” Paramount Global & Series Creators With $200M Streaming Rights Suit
“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.
Warner Bros. Discovery Sues Paramount Global 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.