Warner Bros Discovery now expects to incur total pre-tax restructuring charges of $4.1 – $5.3 billion, which includes $2.8 – $3.5 billion of content impairment and development write-offs as it takes a hatchet to its programming. That’s well above the merged company’s initial announcement of charges for $3.2 – $4.3 billion related to its restructuring and transformation initiatives, which included $2 – $2.5 billion on th content side.
Warner Bros. Television Studios Close To Striking Animation Deal With Amazon For DC-Branded Content
30.11.2022 - 15:47 / deadline.com
Warner Bros. Television Studios is in the process of closing a major animation deal with Amazon for DC-branded content, according to Channing Dungey.
Dungey teased the news at Content London, stating that the studio is “exploring animated IP on different platforms,” including WBD-owned HBO Max.
“With animation we used to be about staying in-house but now we are doing it on different platforms,” she added. “HBO Max is the first stop but we are in the process of closing a big deal with Amazon featuring DC branded content in animation.”
Dungey didn’t elaborate further on the deal as she talked through a role she has now been doing for two years.
She echoed the view of Showtime President Entertainment Jana Winograde yesterday by stating that shows will be made for less money in the coming years due to the global cost-of-living crisis.
“There was a feeling for a while that if you’re not spending $10M an hour then you’re not doing your job,” she added. “But it doesn’t take that to make a great show and doing things differently in the pandemic underscored that.”
She flagged the likes of ABC’s Abbott Elementary, a strong performer for the network that accrued multiple Emmy nominations.
People are “taking a look at the costs of production more,” she added, having spent a period of time being “stuck in a spending bubble” that ended with the Covid-19 pandemic.
Yesterday, Winograde told Content London “belt tightening” is to come in global production, hinting that the Paramount-owned outfit will spend less on mid level shows.
On the potential for an upcoming writers’ strike, Dungey said she would “love to avoid” a strike but “there are some issues that need to be resolved and we have to be prepared for the worst.”
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deadline.com
15.12.2022 / 01:07
‘Raised By Wolves’ & ‘The Time Traveler’s Wife’ Among Other Titles Being Removed From HBO Max As Warner Bros. Discovery Lines Up FAST Plans
Warner Bros. Discovery is moving aggressively into the free streaming, or FAST space, after removing a glut of titles from HBO Max.
usmagazine.com
14.12.2022 / 03:23
Chelsea Houska and Cole DeBoer’s HGTV Show ‘Down Home Fab’: Premiere Date, Premise and More
Teen Mom 2 fans, get ready to see fan-favorite couple Chelsea Houska and Cole DeBoer back on the small screen! The reality stars teamed up for their own HGTV show, Down Home Fab, premiering in January 2023.
deadline.com
14.12.2022 / 00:51
John Cena & Jason Momoa To Star In Warner Bros. Action-Comedy ‘Killer Vacation’
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deadline.com
13.12.2022 / 22:37
Warner Bros. Discovery Sets New Global Consumer Products Leadership
The Warner Bros. Discovery Global Brands and Experiences division unveiled the global leadership for its consumer products business, formalizing the marriage of legacy Warner Bros. and Discovery operations. Canada and U.S. are now integrated into one North American team, and major international regions managed together. The company also created a global e-commerce unit.
deadline.com
12.12.2022 / 13:25
‘Mamma Mia! I Have A Dream’ Competition Set At ITV; Kylie Minogue & Jason Donovan Channel 5 Doc; Banijay Branded Content Push – Global Briefs
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deadline.com
10.12.2022 / 01:35
New Streaming War Brewing? Warner Bros. Discovery Boss David Zaslav Takes Aim At Netflix Over Payment Terms
EXCLUSIVE: David Zaslav isn’t happy with Netflix.
deadline.com
09.12.2022 / 20:27
Nancy Daniels & Jane Latman Out As Part Of Latest Warner Bros. Discovery Restructure
EXCLUSIVE: Nancy Daniels, who oversees the Turner networks and a number of Discovery channels, and Jane Latman, the HGTV veteran who is also in charge of Food Network, are the latest execs out at Warner Bros. Discovery.
deadline.com
07.12.2022 / 18:15
Coca-Cola Uncaps ‘Christmas Always Finds Its Way,’ Branded Storytelling Initiative With Imagine & Amazon
Coca-Cola, Imagine Entertainment and Amazon have partnered in Christmas Always Finds Its Way, a trilogy of short films that will launch today on Amazon Prime and promoted heavily through the holiday season.
deadline.com
06.12.2022 / 21:07
Warner Bros. Veteran Jeff Brown Exits After 26 Years
EXCLUSIVE: Jeff Brown, who has been with Warner Bros. for 26 years, is leaving the studio.
deadline.com
06.12.2022 / 03:27
Ice Cube Wants Warner Bros. To Give Him ‘Friday’ Rights: “I’m Not About To Pay For My Own Stuff”
Ice Cube is fighting Warner Bros. for the Friday franchise rights and he is not willing to pay for the movie he created.
theplaylist.net
05.12.2022 / 20:15
‘Batgirl’ Directors Would Still Love To Work With Warner Bros. Discovery In The Future
Even though it happened months ago, people still can’t get enough of the story regarding Warner Bros. Discovery’s shelving of “Batgirl” while the film was deep into post-production.
theplaylist.net
02.12.2022 / 19:07
‘The Haunting’ Team Mike Flanagan & Trevor Macy Sign New TV Overall Deal With Amazon, Leaving Netflix
Horror fans have tuned into Netflix for Mike Flanagan‘s multiple hit shows for over a half-decade. But now they’ll need to sign up for a different streamer to get their Flanagan fix.
deadline.com
01.12.2022 / 22:51
‘The Haunting’ & ‘Midnight Mass’ Duo Mike Flanagan & Trevor Macy Ink Overall TV Deal With Amazon Studios
EXCLUSIVE: Prolific genre creators Mike Flanagan and Trevor Macy (The Haunting Of Hill House, Midnight Mass) have signed an exclusive multiyear overall series deal with Amazon Studios. Under the pact, the duo will develop and produce projects via their Intrepid Pictures company, which will exclusively stream on Prime Video in more than 240 countries and territories worldwide.
deadline.com
01.12.2022 / 22:51
David Decker Upped To Warner Bros Discovery President Content Sales; Studio Vet Jim Wuthrich To Exit After 24 Years
David Decker has been promoted to President, Content Sales for Warner Bros. Discovery effective Jan. 2, 2023. The promotion of Decker follows long-time Warner Bros. Content Sales President Jim Wuthrich’s decision to depart at the end of the year.