Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse

three pricing options to consumers: a $9.99 per month Max Ad Lite tier, a $15.99 per month Max Ad Free tier and a $19.99 Ultimate Ad Free tier, while continuing to offer a standalone version of the lower-cost Discovery+.Ahead of the launch, Warner Bros. Discovery CEO David Zaslav said during the company’s May earning call that the company expects its streaming business in the U.S.

NetherRealm CCO Ed Boon has given an explanation as to why the next installment in the Mortal Kombat series is called Mortal Kombat 1.As reported by PCGamesN, Boon explained in a Kommunity Chat following the game’s reveal that “Mortal Kombat 1 is the beginning of a universe” and “is not a continuation of the Mortal Kombat 11 story so the characters have completely different roles in this new timeline and we really wanted to punctuate that with our title.”“So this is Mortal Kombat 1, it is a brand new beginning, you’re going to be seeing these characters reintroduced in their new roles, with new relationships with each other, and that’s the main catalyst for calling it Mortal Kombat 1,” Boon said.Mortal Kombat 1‘s cover art features the character Liu Kang — as opposed to Scorpion and Sub-Zero who have “always been the poster child of Mortal Kombat” — and Boon added that this represents a new storyline, saying that the game takes place in a “reborn” universe created by the Fire God.Mortal Kombat 1 is set to launch on September 19, 2023 for PC, PlayStation 5, Xbox Series X|S, and Nintendo Switch. The upcoming game was expected to be called Mortal Kombat 12 and continue on from Mortal Kombat 11.Earlier this year, it was reported that the CEO of Warner Bros Discovery, David Zaslev, may have revealed the release window for the game.

EXCLUSIVE: Warner Bros. Discovery (WBD) is reviewing its TV commissioning and editorial strategy in the UK due to the tricky economic headwinds, Deadline understands.

Warner Bros. Discovery CEO David Zaslav was met with heavy jeering while delivering a commencement speech at Boston University amidst the ongoing Writers Guild of America (WGA) strike in Hollywood.During the graduation ceremony at Boston University – where he received his law degree in 1985 – Zaslav was invited back to receive an honorary degree, as well as to deliver a commencement speech to the graduation cohort.Per reports from The Hollywood Reporter, the jeering began even before Zaslav’s speech, when he was being introduced. Throughout his 20-minute speech, Zaslav was met with loud, angry boos and chants including “pay your writers”, “we don’t want you here” and “shut up, Zaslav” in support of the ongoing strike.Footage of the boos and “pay your writers” chants were captured and shared on Twitter by striking Late Night with Seth Meyers writer Mike Scollins.

Amidst the rising tensions of the current Hollywood writer’s strike, Warner Bros. Discovery CEO David Zaslav faced a storm of boos and angry chants as he took the stage to accept his honorary degree at the University of Boston’s commencement ceremony.

William Earl Warner Bros. Discovery CEO David Zaslav felt the effect of the WGA strike while delivering a commencement speech at Boston University, getting jeered and facing chants of “pay your writers” while he was trying to speak. “Late Night with Seth Meyers” writer Mike Scollins posted a video of one moment during the address in which the chant was loud enough to make Zaslav pause in the middle of his speech. Scollins captioned the video “Zaslav getting hit with a Pay Your Writers chant in Boston. This is so good.”Zaslav getting hit with a Pay Your Writers chant in Boston. This is so good. pic.twitter.com/00pL4ahAqZ In a statement after the speech, Zaslav expressed gratitude to the university where he earned his law degree in 1985. He didn’t reference the Writers Guild of America strike at the commencement, but he did afterward.

Jeers and chants of “pay your writers” from picketers and a number of audience members greeted Warner Bros Discovery chief David Zaslav on Sunday as he delivered Boston University’s commencement address.

“Republicans are back on the air. Republicans weren’t on the air,” on CNN, Warner Bros. Discovery CEO David Zaslav told a media conference Thursday as he said the storied brand is moving to become less of an “advocacy network” under new leadership.

Jennifer Maas TV Business Writer Warner Bros. Discovery kicked off its 2023 upfront presentation in a no-frills way, with an overall brand sizzle and ad chief Jon Steinlauf giving a few remarks on stage at the Theater at Madison Square Garden Wednesday. While the presentation covering HBO, Max, CNN, Food Network, HGTV, Discovery and more Warner Bros. Discovery brands was shorter than last year’s show (which was the company’s first since the merger that created it last April) the tight 90-minute presentation still covered each of its key divisions. Albeit, with much less sizzle, with no stars in attendance amid the writers strike. “Let me just start by saying I am hopeful that a fair resolution is found soon with the writers,” HBO and Max chief Casey Bloys said, adding that he hopes for a return of talent to the stage, “making this a far more entertaining show” compared to “me and my clips.”

John Hopewell Chief International Correspondent Buenos Aires-based Meikincine has swooped on international sales rights to “The Extortion,” the biggest Argentine box office hit to date of 2023, in a deal with Warner Bros. Discovery Latin America.  “The Extortion” is backed by a pedigreed combo of Particular Crowd, part of Warner Bros. Discovery Latin America, Oscar winner Juan José Campanella’s 100 Bars, “Argentina, 1985” producer Infinity Hill and producer-service company Cimarrón Cine. Headlined by Guillermo Francella, memorable in Campanella’s Academy Award winning “The Secret in Their Eyes” and star of Pablo Trapero’s “The Clan,” “The Extortion” turns on Alejandro, a pilot with a secret. Blackmailed by sinister intelligence service agents, he is plunged into a world of intrigue and corruption from which he will battle to escape alive. 

Jennifer Maas TV Business Writer Warner Bros. Discovery has asked talent not to appear in-person at their Wednesday upfronts presentation, so as not to put those individuals in a position where they need to cross the Writers Guild of America’s picket line amid the ongoing writers strike, Variety has learned. A source close to the situation says this choice was made by WBD out of respect for both the talent and the writers on strike. However, talent will be represented in other ways throughout the show, and the event will cover all parts of the WBD business operations. The original pre-strike plan had been for a robust lineup, including big WBD stars like Magnolia Network’s Chip and Joanna Gaines, but has been trimmed down since the strike went into effect May 2, when the WGA and Alliance of Motion Picture and Television Producers failed to ink a new contract.

Fox unveiled its 2023/24 programming slate this morning and the writers strike was front and center.

took home $39.3 million last year, after receiving a pay package in 2021 that soared to $246 million in 2021 thanks to a hefty $203 million stock options that was tacked on to his pay. Shareholders appear to be unhappy with the pricey package he’s receiving.The debt-laden company said in an SEC filing that just over half of the shareholder votes cast on the question of the 2022 executive compensation plan — commonly known as a “say on pay” vote — were in favor, while 49.2% voted against the proposal.The vote is an advisory one, and is non-binding, but the SEC requires such votes at least once every three years.

Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.

Kristin Dolan, who took over earlier this year as CEO of AMC Networks, said the company is “very well positioned” to manage through the WGA strike.

Taking the mic for the second time in a week, Paramount Global CEO Bob Bakish explained why the company slashed its dividend and talked streaming, advertising and weathering a WGA strike.

As if movie fans needed another reason to be wary of new Warner Bros. Discovery CEO David Zaslav: Deadline reports that the CEO told the hosts of the CNBC show “Squawk Box” that “a love for working” will be what ultimately ends the current WGA writers’ strike.

launch its rebranded Max streaming service on May 23, plans to focus on family-friendly content. “The more people that use it in the family, the more engaged people are, the broader the offering, the lower the churn,” Zaslav noted.

Warner Bros Discovery CEO David Zaslav has said the company’s U.S. streaming operation is “no longer bleeding” after it posted a $50M profit for Q1 this year. “It’s harder to run a business when you have a big bleeder,” he told investors on an earnings call minutes ago.

Brian Steinberg Senior TV Editor Warner Bros. Discovery posted a first-quarter loss, buffeted not only by the dynamics of streaming video that are eroding traditional media-industry economics, but also by charges related to the 2022 merger that created the company out of the former WarnerMedia and Discovery Inc. The owner of HBO, TNT and the Discovery Channel said its loss of $1.069 billion included $1.81 billion of “acquisition-related intangible assets and $95 million of pre-tax restructuring expenses.” The company also indicated that the debt it took on to finance the merger was affecting its financials. Warner Bros. Discovery had $836 million of “semi-annual interest payments largely attributable to merger-related debt that overwhelmed its cash flow.