Warner Bros Discovery Sets Communications Exec Ranks, Announces Exit Of Eight Veteran Staffers

Warner Bros. Discovery’s European operation continues to take shape, with Hannes Heyelmann today unveiling his German management team. The shake-up sees the departure of Discovery Communications Deutschland Deputy Managing Director Alberto Horta.

John Oliver took his first major swipe at his new “business daddy” Warner Bros. Discovery.

scrapping “Batgirl,” but it was a welcome nonetheless.The moment came during Oliver’s main show segment, which this week was monkeypox. In addressing how health officials fumbled the prevention of a widespread outbreak, Oliver noted that the U.S.

Kevin Smith has weighed in on Warner Bros. Discovery scrapping the  movie starring Leslie Grace. The move made by the conglomerate has caused shockwaves in the industry and Smith, who is a comic book aficionado and writer, shared his thoughts on his YouTube series Hollywood Babble-On.

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended June.

Cynthia Littleton Business EditorWarner Bros. Discovery shares were battered Friday on the heels of its after-market second-quarter earnings report on Thursday that revealed the depth of the financial and operational pressures that the newly enlarged conglomerate is facing.WB Discovery shares were down more than 17% at midday to the $14.50 range.

Todd Spangler NY Digital EditorWarner Bros. Discovery is looking to pull a FAST one — telling investors the company is mulling the launch of a free, ad-supported TV (FAST) service stocked with content from its portfolio of brands to complement its premium subscription biz.The first strategic priority on the streaming side of the house is to merge HBO Max and Discovery+ into a single platform.

Warner Bros. Discovery is doubling down on HBO and HBO Max.

Kids and animated content are set for a broad swath of cuts across Warner Bros. Discovery.

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer.

In a complete about-face from the business strategy employed by former WarnerMedia CEO Jason Kilar, Warner Bros. Discovery boss David Zaslav made it firm today that the new merged entertainment conglomerate “will fully embrace theatrical.” Period.

The Flash” movie starring Ezra Miller is still a go, despite the actor’s numerous scandals this year.“We have seen ‘The Flash,’ ‘Black Adam’ and ‘Shazam 2,'” said Warner Bros. Discovery CEO David Zaslav during the company’s Q2 earnings call on Thursday. “We are very excited about them.

Warner Bros. Discovery CEO David Zaslav addressed why the “Batgirl” was killed and will not be released, saying bluntly during the company’s earnings call that they are focused on quality and will not put out a film that doesn’t meet those standards.

Adam B. Vary Senior Entertainment WriterWarner Bros.

Todd Spangler NY Digital EditorWarner Bros. Discovery is not going to say how many HBO and HBO Max customers it has.In the second quarter, the media conglomerate said HBO Max, HBO and Discovery+ subscribers combined were 92.1 million, up about 1.6 million from 90.4 million the prior quarter. That’s up 22% 75.8 million on a pro-forma basis versus a year earlier.However, WBD’s streaming businesses lost subscribers domestically in Q2, dropping 300,000 — falling from 53.3 million in the first quarter to 53.0 million as of June 30.For Q1, AT&T — the prior owner of WarnerMedia and HBO Max — had reported 76.8 million total HBO and HBO Max subscribers worldwide, including 48.6 million domestically.

Brian Steinberg Senior TV EditorCombining the former WarnerMedia with the company once know as Discovery Communications took a lot of work. Executives at the newly combined Warner Bros.

major restructuring of its content divisions, and the entertainment conglomerate added 1.7 million global subscribers to both HBO Max and reaching 92.1 million global subscribers. However, Warner Bros.

Newly minted Warner Bros. Discovery posted hefty losses and $9.8 billion in revenue at its landmark first earnings report since Warner Media and Discovery formally tied the knot.

James Gunn has a message for Peacemaker fans: “Calm down.”

The day after the David Zaslav-run Warner Bros Discovery completely shelved the HBO Max DC movie Batgirl which is in post production, the pic’s directors Adil El Arbi and Bilall Fallah have responded with a statement.