Warner Bros. to Sell 1978 ‘Superman’ NFT Movie Bundles, Priced at $30 or $100

News kept on churning this week — from Sunday morning until end of Friday — on the Warner Bros. Discovery front.

Variety, in wake of the exit of network head Pola Changnon this week. Warner Bros. Discovery CEO David Zaslav had been considering bringing in De Luca and Abdy for some time, insiders said, to rely on their cinephile instincts and shape the best possible programming slate for the channel — one beloved by Hollywood titans and film fans for its showcase of film history. TCM will still exist with the US Networks Group run by Kathleen Finch. While De Luca and Abdy will advise, a senior executive in charge of operations is expected to be named in the future. Warner Bros. Discovery had no comment on the matter.

layoffs of several other members of the network’s top brass amid cuts of 100 staffers across Warner Bros. Discovery’s U.S.

Amidst mounting concern for the future of Turner Classic Movies following the latest in restructuring at Warner Bros Discovery, CEO David Zaslav has looked to assuage fears by placing the channel under the control of Michael De Luca and Pamela Abdy, the Co-Chairpersons and CEOs of Warner Bros Film Group, Deadline can confirm.

Jem Aswad Executive Editor, Music Warner Bros. Discovery is negotiating to sell around half of the storied Warner studio’s film and TV music-publishing assets for approximately $500 million, three sources confirm to Variety. The news was first reported by Hits. While it is unclear exactly which assets are on the table, one source says that the rights to “slightly less than half” of the catalog, with a price of around $500 million, are likely to go to a major label, with Sony said to be in the lead. The catalog is believed to include music from such films as “Purple Rain,” “Evita,” “Sweeney Todd,” “Rent” several “Batman” films and many more titles, as well as songs included in iconic films such as “As Time Goes By” from “Casablanca” — iconic titles to be sure, but again, it is unclear exactly which rights are in play. Top attorney Allen Grubman is said to be overseeing the deal for Warner Discovery CEO David Zaslav.

You’d be hard-pressed to find a CEO in the film and TV industry to have such an immediate impact as David Zaslav over at Warner Bros. Discovery.

Pola Changnon, who runs Turner Classic Movies (TCM), is the latest executive to leave as part of the Warner Bros. Discovery shakeup.

Cynthia Littleton Business Editor Warner Bros. Discovery has begun implementing layoffs in its domestic cable group, cuts that will affect about 100 employees across legacy Discovery and Turner outlets. Amid the shuffle, TCM general manager Pola Changnon is leaving the classic movie channel after more than 25 years with TCM and Turner. Michael Ouweleen, president of Adult Swim, Cartoon Network, Discovery Family and Boomerang, will oversee TCM, as he did prior to the Warner Bros.-Discovery merger in 2022. The plan for layoffs across Warner Bros. Discovery’s major divisions were signaled late last year when the company faced extreme financial pressure amid rising losses from its streaming operations and the weakening macroeconomy. WBD’s domestic cable channels — including Discovery, TNT, TBS, TLC, HGTV, Food Network and CNN — were once the envy of the industry in terms of viewership and profitability. But the fast-changing pay TV marketplace and the rise of on-demand streaming has upended the reliable cable TV earnings power that made the former Time Warner a dynamo in the 1990s and early 2000s.

EXCLUSIVE: As Deadline revealed in May, Warner Bros. Discovery is undergoing another round of layoffs in its television business and it’s starting today.

Warner Bros Discovery has announced three Thai HBO Asia Originals, including a third and final season of action fantasy Khun Pan and unscripted shows MarkKim + Chef and Deane’s Dynasty.

When Christopher Nolan‘s “Oppenheimer” hits theaters next month, it marks the first film by the director not produced by Warner Bros. in nearly 20 years.

Michael De Luca and Pam Abdy take in the view of the rolling hills of Antibes. The sun beats down so fiercely on a lily-white tablecloth that the co-CEOs and co-chairpeople of the Warner Bros. Film Group shield themselves with Gucci and Ray-Ban shades. They resemble the all-powerful studio chiefs of yore — or at least their surroundings do. A lot has changed since the Golden Age of Hollywood: Jack Warner didn’t have two smartphones constantly buzzing, misconduct allegations involving “The Flash” star Ezra Miller and cratering share prices to worry about. “It’s so competitive now,” De Luca says, looking out at the shimmering water. “We all have to sing for our supper.”

EXCLUSIVE: Warner Bros Discovery is closing its Danish production arm, we’ve learned.

EXCLUSIVE: Following months of going through dozens of audition tapes, Warner Bros and DC Films look to be getting closer to finding the stars of their Superman: Legacy movie as a second round of testing looks to be imminent.

Podcrushed” podcast. “I felt very small.

Rebecca Rubin Film and Media Reporter Barry Reardon, who led theatrical distribution at Warner Bros. for nearly 20 years starting in the late 1970s, died on May 27 at his home in Vero Beach, Fla. He was 92. A respected 31-year industry veteran, Reardon was known as the “dean” of theatrical distribution and was credited with transforming the way that studio films are marketed and released. During his tenure, the industry began to place more of an emphasis on daily and weekend box office reports and expanded the scope of the all-important summer blockbuster season. At the time of his retirement in 1999 — after 21 years at the studio and 17 as distribution chief — he exited with an enviable track record. Under his leadership, the studio had 22 films cross the $100 million mark domestically — an impressive milestone since movie tickets were much less expensive back then, and one that’s proven to be challenging to match again in these pandemic times. And Warner Bros. spent most of those years among the top three studios in terms of North American box office share.

Given the anxious vibes in the entertainment business of late, the NBA and NHL playoffs have been a welcome throwback to happier times.

Todd Spangler NY Digital Editor AMC Theatres is mothballing its on-demand movie service — and moving users and their content libraries over to Vudu, the video rental and sell-through streaming platform owned by NBCUniversal’s Fandango. Starting Thursday, June 1, AMC Theatres On Demand users can transfer their accounts to Vudu, which now serves as the theater chain’s streaming platform. With the transition, the companies said, many of the movies previously purchased through AMC Theatres On Demand will be “upgraded to the highest-quality format available” on Vudu, including 4K Ultra HD. Consumers with applicable titles in their libraries will automatically receive those upgrades for free. Additionally, AMC Theatres On Demand users who are new Vudu consumers are eligible for a 15% discount on each purchase made on the service in their first month.

Todd Spangler NY Digital Editor Pluto TV is reprising its summer movie event with a rotating batch of more than 200 films coming to the streaming service — all for the low price of free. The titles include installments of fan-favorite franchises ahead of their upcoming new releases in theaters this summer, including the first four movies in the Indiana Jones and Mission: Impossible series, plus “Transformers: Dark of the Moon” and “Teenage Mutant Ninja Turtles: Out of the Shadows.” Pluto TV’s Popcorn Summer Movies 2023 slate, the third year of the programming event, also includes popular films such as “Titanic,” “Gladiator,” “Old School,” “Saving Private Ryan,” “Ferris Bueller’s Day Off” and “Anchorman: The Legend of Ron Burgundy.” The additional movies are on top of Pluto TV’s existing catalog of several thousand free films.

Todd Spangler NY Digital Editor If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. Disney+ is now streaming the first four Indiana Jones movies, starring Harrison Ford as the legendary snake-hating archeologist action hero. The media company is looking to whip up interest in the theatrical release of the franchise’s fifth and final installment, “Indiana Jones and the Dial of Destiny.” Starting May 31, Disney+ subscribers can stream “Raiders of the Lost Ark,” “Indiana Jones and the Temple of Doom,” “Indiana Jones and the Last Crusade” and “Indiana Jones and the Kingdom of the Crystal Skull,” as well as the TV series “The Adventures of Young Indiana Jones.” The upcoming “Indiana Jones and the Dial of Destiny,” which premiered at the Cannes Film Festival this month, opens exclusively in theaters June 30; Disney hasn’t announced a premiere date for the film on Disney+.