Warner Bros. Discovery Expects Earnings Hit Of Up To $500 Million From Strikes This Year

Jennifer Maas TV Business Writer Max fans who don’t relish the idea of coughing up $9.99 per month more to access the Warner Bros. Discovery-owned streamer’s upcoming live sports tier might not realize that they’ve been making out like bandits with seemingly “free” sports content on other platforms for years, according to WBD global streaming chief JB Perrette.

Warner Bros Discovery has confirmed it plans a major expansion of its Leavesden studio lot, with the UK location set to become the epicenter of DC Studios production.

Millions of benefit claimants could receive a Christmas bonus from the Department for Work and Pensions (DWP) this year.

After years of talk — mostly by the previous corporate regime — a live sports streaming tier is finally coming to Max.

Brian Steinberg Senior TV Editor Warner Bros. Discovery aims to make all of the sporting events it has developed over the years for cable crowds available to streamers at the same time — so long as they are willing to pay extra for the privilege. The media giant, which enjoys lucrative rights deals with the NBA, Major League Baseball, the NHL and the NCAA “March Madness” tournament, wants to use those properties to bring eyeballs to Max, its streaming service.

Warner Bros. Discovery Germany boss Hannes Heyelmann has become the latest to exit from Gerhard Zeiler’s international team.

Naman Ramachandran Warner Bros. Discovery executive VP and general manager for Germany, Switzerland and Austria Hannes Heyelmann has stepped down from his role. In an internal memo to staff seen by Variety, Gerhard Zeiler, WBD’s international president, wrote: “When we launched the newly merged Warner Bros.

Warner Bros. Discovery CFO Gunnar Wiedenfels echoed recent sentiments from Netflix and other major TV and film producers, saying the industry must resolve the ongoing strikes and “get back to work.”

Todd Spangler NY Digital Editor The two Hollywood strikes that have ground TV and film productions to a standstill are bad for business — and Warner Bros. Discovery is working diligently to resolve them as quickly as possible, according to CFO Gunnar Wiedenfels. “It’s an unfortunate situation… We have to get back to work,” Wiedenfels said, speaking Thursday at the Bank of America Media, Communications and Entertainment Conference.

A trailer tease has been released for Aquaman and the Lost Kingdom ahead of the full trailer arriving on Thursday and Warner Bros. also confirmed that Amber Heard is in the cast.

He brought zing to a sleepy Comic-Con, and he’s raising the humidity levels here at TIFF. SAG-AFTRA Chief Negotiator and National Executive Director Duncan Crabtree-Ireland took the stage at the festival to give a post-Labor Day update on talks; and still it’s the same old story: The actors haven’t heard zip from the studios about moving forward.

As the Hollywood strikes continue, studio deals are being put on pause.

Zack Sharf Digital News Director One of the big reveals to come out of the infamous 2014 Sony email hack was that Warner Bros. had been in talks with indie director Jeff Nichols to helm its “Aquaman” movie starring Jason Momoa. Nichols was coming off acclaimed back-to-back dramas “Take Shelter” and “Mud” at the time.

Mindy Kaling and Greg Berlanti‘s overall, first look deals with Warner Bros. Studios have been suspended, according to a new report from Variety.

Michael Schneider Variety Editor at Large Warner Bros. TV has suspended overall deals with more of its A-list, marquee producers, which is believed to include Greg Berlanti, Bill Lawrence, John Wells, Chuck Lorre and Mindy Kaling, as well as J.J. Abrams’ Bad Robot shingle.

More than three months into the writers strike, Warner Bros. Television has moved in to suspend the remaining overall deals with some of its top creators. The list includes Greg Berlanti Productions, Bill Lawrence’s Doozer Productions, John Wells’ Productions and Mindy Kaling’s Kaling International, sources said. I hear the calls were made last night. JJ Abrams’ Bad Robot also is in the process of being notified, and Chuck Lorre Prods.’ pact had been previously suspended, I hear.

Jennifer Maas TV Business Writer Warner Bros. Discovery expects the ongoing Hollywood strikes to have a $300 million-$500 million negative impact on the company’s 2023 earnings.

Despite bad weather conditions, the crew of Warner Bros. series The Winchesters was instructed to keep filming. Shortly thereafter, lightning struck a crew member.

Mark Thompson, the former CEO of The New York Times Co. and director general of the BBC, is in line to be named the next head of CNN, according to multiple press reports.

A slew of series from AMC Networks including Fear The Walking Dead, A Discovery of Witches and Killing Eve will stream on Max as part of an unusual digital arrangement.