Warner Bros. Discovery Will Take Up To $4.3 Billion In Restructuring Charges From Merger

The era of James Gunn and Peter Safran and the new DC Studios umbrella has officially begun. And in a town hall meeting today at Warner Bros.

EXCLUSIVE: Deadline hears that a global zoom meeting was held for Warner Discovery employees this morning, on which CEO David Zaslav introduced the new DC Studios Co-Chairmen and CEOs, James Gunn and Peter Safran. This was their first appearance together before the company since being named to their posts on Oct. 25.

EXCLUSIVE: Black Beauty Roster and Warner Bros. Discovery have today announced their partnership on a new, one-of-a-kind program that will afford hairstylists and makeup artists from historically marginalized communities the chance to position themselves for a department head position in entertainment.

John Malone, billionaire Liberty Media chairman and architect of the Warner Bros Discovery merger, believes WBD’s mix of ad-free and ad-supported streaming under CEO David Zaslav will succeed “if he makes good stuff.”

What does Warner Bros. Discovery head David Zaslav have in mind for his studio’s near future? Deadline reports that on a Q3 earnings call yesterday afternoon, Zaslav detailed exactly what he envisions, and it’s all about big tentpole franchises.

When the NBA signs its next broadcast deal, which comes up in 2025, the league wants to make sure that it can appeal to younger viewers plugged in to streaming, while also bringing in a big cheque.

In the near future, it’s pretty simple what the new Warner Bros Discovery will zero in on: “We’re going to have a real focus on franchises,” President and CEO David Zaslav said on this afternoon’s Q3 earnings call.

The combined HBO Max and Discovery+ service is coming sooner than expected.

Warner Bros Discovery stumbled in the third quarter, falling short of Wall Street expectations due to a slowdown in advertising and merger-related restructuring charges.

Tomorrow, we hear is Courtenay Valenti’s last day as Warner Bros. President of Production and Development after we told you first that she was exiting the Burbank, CA lot after a 33-year run.

In what has been heavily buzzed around town, Jesse Ehrman has been named President, Production and Development at Warner Bros. Pictures.

Warner Bros. Discovery has become the first major studio to sell a movie’s NFT bundle,with The Lord of the Rings: The Fellowship of the Ring dropping tomorrow.

Rooster Teeth, a gaming-oriented digital content creator and fan community owned by Warner Bros Discovery, has apologized for “hate and mistreatment” after complaints were lodged by a former staffer.

After 15 years at Warner Bros, and four as the President of DC Films, Walter Hamada has finally left the Burbank, CA lot as sources tell Deadline the exec waits for the senior Warner Discovery brass to finalize his exit payout. Hamada has run DC since 2018, and reupped in January 2021 with a contract that was supposed to take him through 2023.

Ahead of tomorrow’s tipoff of the 2022-23 NBA season, Warner Bros Discovery announced contract renewals for the four hosts of TNT’s mainstay studio show Inside the NBA.

Elsa Keslassy International Correspondent Amazon Prime Video has scored a pair of deals with Warner Bros. Discovery and Sony to bolster its programming in France with premium titles. The agreement with Warner Bros. Discovery gives Prime Video the first-window rights to exclusive TV series from Warner Bros. Discovery in France, including “Pretty Little Liars: Original Sin,” the first two seasons of “The Sex Lives of College Girls,” Ava DuVernay’s miniseries “DMZ” and “Peacemaker” Season 1. Also part of the pact are library TV titles, on a non-exclusive basis. These include “Legacies” (Seasons 1 through 3), “Pretty Little Liars,” “Fringe,” “One Tree Hill,” “The Originals” and “Shameless.”

EXCLUSIVE: Warner Bros. Discovery is behind a TV show telling real life stories of people overcoming severe medical conditions to show human bravery, with Netflix’s Amazing on the Inside producer Future Studios and distributor TVF International shopping Unbelievable Me at Mipcom Cannes this week.

Does the world need a reimagining of the 1990 comedy “House Party“? It’s not like that movie is terrible, and it’s an early role for Martin Lawrence, but who remembers it nowadays? And what kind of audience is there today for a remake? Well, LeBron James thinks the comedy needs a revamp three decades later whether anyone asked for it or not. He, Maverick Carter, and Warner Bros.  Continue reading ‘House Party’ Red Band Trailer: LeBron James & Warner Bros.

according to The Hollywood Reporter. “Both Tricia and Jill will be here through the rest of the year, working with me as we realign the teams through this transitional period.

Michael Schneider Variety Editor at Large Warner Bros. Discovery Global Kids, Young Adults and Classics chief marketing officer Tricia Melton is departing the company, along with Cartoon Network and Adult Swim senior VP of marketing and partnerships Jill King. Their exits rep the latest high-profile departures at the conglom as it continues to cut costs and downsize following the April acquisition of Warner Bros. by Discovery. Melton’s and King’s exits come just days after Warner Bros. TV Group’s animation division was hit hard by cuts — including the merger of development and main production teams for Warner Bros. Animation and Cartoon Network Studios. Both shingles remain, but with a smaller, merged headcount.