EXCLUSIVE: The Bear creator Christopher Storer is shooting Season 3 of the 10-time Emmy-winning show in Chicago, but he’s lined up a big feature project at Warner Bros: the big-screen take of Amor Towles’ The Lincoln Highway.
Warner Bros. Discovery’s Good News Couldn’t Obscure the Warning Signs in Q4 Results
24.02.2024 - 02:57 / variety.com
Cynthia Littleton Business Editor David Zaslav came to market Friday morning with a fourth-quarter earnings report that delivered enviable free cash flow and put another sizable dent in Warner Bros. Discovery’s heavy debt load. But it wasn’t enough to stop a 10% slide for the company’s already battered share price that took place minutes after the results were unveiled.
Investors were clearly surprised by the depth of the year-over-year declines in revenue and earnings at WB Discovery’s studio and linear networks divisions. These are the company’s profitable pillars, the earnings engines keeping the light bills paid while streamer Max and HBO chomp through investment capital as both entities are reinvented for a new era of television. Anyone who has paid attention to Hollywood in the past year should have anticipated a rough Q4 for the Warner Bros studio.
The October-December frame encompassed the tail end of two brutal strikes by actors and writers unions that wiped out seven months of production and development activity. But a 30% decline in adjusted earnings for the studio and a 9% drop in revenue were bigger blows than most WBD watchers expected. This was signaled by the muted tone that Zaslav, WBD’s usually ebullient CEO, adopted in his opening remarks.
He asserted that 2024 would be a year of strong “momentum” for the company, but he had no choice but to add a sober addendum. “This business is not without its challenges,” Zaslav said. No doubt he and other corporate leaders were watching the stock price plummet in pre-market trading as he spoke.
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deadline.com
12.03.2024 / 19:09
Stephen King’s ‘Salem’s Lot’ Pivots From Theatrical To Max Streaming 2024 Release
Max has made it official that New Line’s feature take of Stephen King’s 1975 bestselling novel Salem’s Lot isn’t going in theaters, but on the OTT service this year. No exact date has been announced.
ok.co.uk
11.03.2024 / 08:23
Lauren Goodger on TOWIE drama: 'I’m the mother - the first day was a shock'
Since leaving her full-time role on The Only Way is Essex in 2015 after five years on the show, Lauren Goodger has become a mother, and she's a "calmer, more humble" person today.The 37 year old has been back to filming with a couple of old faces including mum of four Amy Childs, and a host of newer, younger reality stars. Speaking to OK! about her comeback, Lauren revealed she felt like the "mother" when she went back on the Essex set. "I wasn’t nervous because TOWIE’s sort of my home, but I’ve been in a mum bubble so the first day of filming was a complete shock,” she says.
deadline.com
07.03.2024 / 23:17
Peter Bart: Jack Warner Presaged Trump, Hated Roosevelt, And Might Have Voted For ‘Oppenheimer’ At The Oscars
“That movie was the President’s idea, not mine, but it was a demand, not a suggestion.”
variety.com
05.03.2024 / 01:07
‘House of the Dragon’ Season 2 to Premiere in June
Jennifer Maas TV Business Writer “House of the Dragon” Season 2 will debut on HBO in June. Warner Bros. Discovery streaming and gaming chief J.B.
variety.com
01.03.2024 / 18:47
Can Netflix’s New Film Boss Dan Lin Help the Streamer Make More Movies Worth Watching?
Dan Lin, the producer of “The Lego Movie” and “It,” was in negotiations to become head of DC Studios. It was a singular opportunity to reimagine the company behind Superman, Batman and other costumed heroes. But talks broke down.
deadline.com
01.03.2024 / 15:00
Disney, Fox And Warner Bros. Discovery Are A “Sports Cartel” Engaging In “Borderline Racketeering”, Fubo CEO David Gandler Charges: “This Is A Duel To The Death”
Fubo CEO David Gandler blasted a planned sports bundle backed by Disney, Fox and Warner Bros. Discovery, calling the companies a “sports cartel” engaging in “borderline racketeering.”
theplaylist.net
29.02.2024 / 19:43
‘Coyote vs. Acme’: Will Forte Takes To Social Media To Defend Shelved Warner Bros. Movie
After Warner Bros. permanently shelved its latest live-action “Looney Tunes” movie “Coyote vs.
variety.com
28.02.2024 / 13:16
Endeavor Q4 2023 Results Dented by Write-Offs, WWE-Related Legal and Restructuring Costs
Cynthia Littleton Business Editor Endeavor‘s fourth-quarter results reflected the company’s growth in sports through the acquisition of WWE last September, but its bottom line was hit by nearly $30 million in legal and restructuring costs and $47 million in write-offs from its Events, Experiences and Rights division. Last year Endeavor also paid out $101 million in advisory fees and bonuses related to the WWE merger with Endeavor’s UFC as well as the sale of its IMG Academy business.
variety.com
27.02.2024 / 23:29
The 3 A.M. Handshake: How the American Federation of Musicians and AMPTP Came to Terms on Streaming Residuals and AI Protections
Cynthia Littleton Business Editor The contract talks finally reached the handshake point at 3 a.m. PT on Feb. 23.
deadline.com
27.02.2024 / 20:22
‘Dune: Part Two’ Will Dust Off The Box Office With $170M Global Debut – Preview
We’ve been waiting for this one for quite some time.
justjared.com
24.02.2024 / 08:15
'Game of Thrones' Spinoff 'Knight of the Seven Kingdoms' Gets Premiere Date
More Game of Thrones spinoff shows are in the works!
theplaylist.net
23.02.2024 / 20:25
‘Harry Potter’: Warner Bros. Aims For 2026 Premiere Date For Upcoming Reboot Series
More “Harry Potter” is coming from Warner Bros., as the studio revealed last Spring. But don’t expect it to reach Max for another couple of years.
theplaylist.net
23.02.2024 / 19:19
‘The Hedge Knight’: ‘Game Of Thrones’ Spinoff Headed For Late 2025 Premiere
Warner Bros. Discovery CEO David Zaslav had a bunch of updates this morning about upcoming content on Max, including the next “Game Of Thrones” spinoff.
nme.com
23.02.2024 / 18:45
Here’s when the new Harry Potter TV show is coming out
Harry Potter series of books has finally been given a prospective release date.The news of a new TV version of J.K. Rowling’s series of books was first confirmed by HBO Max last April, with reports that each of the seven books will get its own season.“Your Hogwarts letter is here,” a tweet from the streaming company read. “Max has ordered the first ever Harry Potter scripted television series, a faithful adaptation of the iconic books.”And now, Warner Bros.
deadline.com
23.02.2024 / 16:21
Warner Bros. Discovery Chief David Zaslav On How Sports Streaming Bundle With Disney And Fox Will Help Viewers: “You Won’t Be Thinking, ‘What Channel Is It On?'”
In his first public comments about a planned sports streaming joint venture with Disney and Fox, Warner Bros. Discovery CEO David Zaslav said it will increase the companies’ reach and not add to their cord-cutting woes.
deadline.com
23.02.2024 / 16:21
‘Harry Potter’ TV Series Due To Hit Max In 2026: Everything We Know About The Cast, What J.K. Rowling Says & More – Update
UPDATED with latest release date outlook. Warner Bros. Discovery CEO David Zaslav confirmed Friday that a long-planned Harry Potter series is aiming to debut on Max in 2026.
variety.com
23.02.2024 / 14:15
‘Superman: Legacy’ to Begin Filming Next Week; David Zaslav Says News Is ‘Optimistic’ After ‘Studio Has Really Been Underperforming’
William Earl administrator During Friday’s Q4 earnings call, David Zaslav, Warner Bros. Discovery’s CEO, said that James Gunn‘s “Superman: Legacy” will start filming next week. Gunn posted the first picture of the full cast on Instagram yesterday, writing, “After the table read with the #Superman cast.
deadline.com
23.02.2024 / 14:09
Timothée Chalamet’s ‘Wonka’ Will Start Streaming On Max In March
Wonka will start streaming on Max next month, Warner Bros. Discovery CEO David Zaslav said today, outlining what he called a strong streaming content slate highlighted Warner Bros. films, including one of last quarter’s most successful theatrical releases amid a few disappointments.
deadline.com
23.02.2024 / 14:09
Warner Bros. Discovery Q4 Hit By Softer Advertising, Strike Impact; “We Have An Attack Plan For 2024” – David Zaslav
Warner Bros. Discovery saw revenue dip but losses narrow in the last quarter of 2023. Free cash flow grew — a key metric that allows the David Zaslav-led media giant to continue chipping away at its hefty debt, which it is doing.