In another maneuver by the David Zaslav-run Warner Bros Discovery to kill movies, we hear on very good authority that Warner Bros will not be releasing the live-action/animated hybrid Coyote vs. Acme with the conglom taking an estimated $30M write-down on the $70M production. We understand the writedown for the pic was applied to the
David Zaslav
Warner Bros. Discovery’s third quarter was mixed with ‘Barbie’ coin and free cash flow beloved by Wall Street offset by sluggish advertising and the impact of the actors’ strike on the one of the industry’s biggest content creators. Streaming, which turned profitable in the first quarter ahead of most rivals, but lost $3 million in
CNN Max is attracting users who are “20 years younger” than traditional TV viewers, according to Warner Bros Discovery CEO David Zaslav. In a commentary provided for investors following WBD’s third quarter results announcement, Zaslav said his team had been “analysing everything” to do with the new streaming service since its launch in October. The evidence
Sports and news programming will be coming “soon” to Max, according to Warner Bros. Discovery CEO David Zaslav. The categories “are important. They’re differentiators. They’re compelling,” he said on the company’s second-quarter earnings call with Wall Street analysts. “They make these platforms come alive. If you’re on an SVOD platform and something is going on
News kept on churning this week — from Sunday morning until end of Friday — on the Warner Bros. Discovery front. Headlines included big changes at TCM; The Flash‘s disappointing box office; discussions with Netflix for potential HBO streaming license deals; more chatter around the fate of CNN; renewed talk of a music publishing sale;
Warner Bros. CEO David Zaslav thinks consolidation is in the cards for streaming platforms, but not necessarily through traditional M&A. “There should be a consolidation, but it is more likely to happen in the repackaging and marketing of products together. That’s what I think makes sense. We have to, as industry, reach that point,” he
Students at Boston University will have to cross a Writers Guild picket line to attend their May 21 graduation ceremony, where Warner Bros. Discovery President & CEO David Zaslav, an alumnus of the school, will be making the commencement address. The guild previously had warned the school that its members would picket there if he
EXCLUSIVE: Deadline has learned that Warner Bros Discovery CEO and President, David Zaslav, will be teeing off Warner Bros studio presentation at CinemaCon on Tuesday AM, April 25. While it’s standard for the heads of motion picture studio divisions, read Sony’s Tom Rothman, Universal’s Donna Langley, and former Warner Bros chief Toby Emmerich to share
As rival motion picture studios were becoming intoxicated on theatrical day-and-date releases tied to their streaming platforms during Covid, and big streamers like Netflix completely sidestepping wide theatrical releases, Warner Bros. Discovery CEO David Zaslav believed in the economics of the big picture. Upon taking control of the new conglom last year, he immediately swiped
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. RELATED: Warner Bros Discovery Q3 Earnings: Deadline’s Full Coverage “We haven’t had a Superman movie in 13
Dan Lin is not going to take the DC job, after all. Back to the drawing board for David Zaslav and Warner Bros Discovery. This first hit on CNBC.com, which put a spin that Lin rejected the offer. Others in the studio sphere say different. Bottom line, Lin is staying at his Rideback company. Warner
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. “We have a different view on the wisdom of releasing direct-to-streaming films, and we have taken some aggressive steps
The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat. After guests arrive on Tuesday, official activities get under way Wednesday. The annual ritual of media-mogul whitewater rafting and shop talk is a 40-year, post-July 4 tradition.