Warner Bros. Discovery
Three Questions With All3Media CEO Jane Turton
Global production juggernaut All3Media, led by veteran CEO Jane Turton, produces 4,000 hours of content annually. It has not only made headlines with such hit productions as The Traitors, The Tourist, Life on Our Planet, Boat Story and the upcoming Squid Game: The Challenge, but also the fact that co-owners Warner Bros. Discovery and Liberty […]
- By
Warner Bros. Discovery President of Content Sales David Decker Takes on Expanded Global Role
Warner Bros. Discovery international president Gerhard Zeiler has unveiled an expanded global remit for David Decker, the conglomerate’s president of content sales as the company continues to streamline and fine-tune its organization. “David will, besides his domestic remit, oversee global opportunities for content licensing to major platform clients, like Netflix, Amazon, Roku and Paramount who operate worldwide,” […]
- By
Chip and Joanna Gaines Launching Podcast Network, Blind Nil Audio (Exclusive)
The Magnolia empire is coming to podcasts. Chip and Joanna Gaines — the couple behind HGTV’s Fixer Upper, Magnolia Table, Magnolia Network and a mini food, design and shopping empire in Waco, Texas — are launching a podcast network through their production company Blind Nil Media. The podcast network, Blind Nil Audio, is being developed in […]
- By
Wall Street Firm Picks Disney, Warner Bros. Discovery Among Hollywood Stocks
A notable Wall Street private securities and investment research firm, Sanford C. Bernstein, re-initiated coverage of seven media and telecom stocks on Oct. 5, notably weighing in on the stock price targets for major Hollywood studio conglomerates. Bernstein analyst Laurent Yoon kicked off Walt Disney and Warner Bros. Discovery with “outperform” ratings and $103 and […]
- By
Discovery+ Raises Price of Ad-Free Tier
Another streaming service is getting a price hike. Warner Bros. Discovery says it is raising the price of the ad-free tier of Discovery+. The tier will see its price rise from $6.99 per month to $8.99 per month, effective today, Oct. 3. That being said, the price of the advertising tier of Discovery+ will remain […]
- By
Warner Bros. Discovery’s France, Benelux and Africa Boss Pierre Branco to Exit
Pierre Branco will leave Warner Bros. Discovery, where he has held the role of executive vp, general manager for France, Benelux and Africa. Gerhard Zeiler, the conglomerate’s international president, unveiled the news in a memo to staff on Tuesday. Branco joined Turner in 2006 and held several key roles across the Europe, Middle East and […]
- By
Warner Bros. Discovery Inks Podcast Deal With Acast for Multiple Brands (Exclusive)
Warner Bros. Discovery has inked an exclusive podcast distribution and monetization partnership with Acast for several of its brands. In the revenue-sharing deal, Acast will host, distribute and work as the exclusive sales partner for podcasts from the Food Network, TLC, HGTV, Animal Planet, Discovery Channel and the Travel Channel, including Curiosity Daily, Food Network […]
- By
Max to Add Sports Tier for $10 Per Month After Promo Period, Launching in Time for MLB Playoffs
Live sports are coming to Max next month. The Warner Bros. Discovery-owned streaming platform will launch a new premium sports tier Oct. 5, just in time for the Major League Baseball playoffs, which start two days later. The new tier will be called the Bleacher Report Sports Add-On (or B/R Sports), taking the name of […]
- By
Warner Bros. Discovery CFO on Streaming Prices: “Quality Content Has Been Given Away Well Below Fair Market Value”
Keeping all of entertainment giant Warner Bros. Discovery’s content for its streaming service Max alone was “incomprehensible” and streaming prices would continue to rise because for too long valuable content was “given away” too cheaply, CFO Gunnar Wiedenfels told the Bank of America Securities Media, Communications & Entertainment Conference on Thursday. “For a decade, in streaming, […]
- By
David Zaslav Says Content Companies Are Talking About Building New Bundles
The new bundles are coming, according to Warner Bros. Discovery CEO David Zaslav. Speaking at a Goldman Sachs conference Wednesday, the executive said that his company has had discussions with other companies in the content space about developing new bundles to create a better “consumer experience.” Those conversations have picked up “in the last few […]
- By
Warner Bros. Discovery Says Ongoing Strikes Will Mean $300M-$500M Hit to 2023 Earnings
Warner Bros. Discovery has lowered its 2023 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) forecast to $10.5 billion to $11.0 billion, a hit of $300 million to $500 million, “predominantly due to the impact of the strikes,” compared with the previously targeted low end of the $11.0 billion to $11.5 billion range. In […]
- By
Warner Bros. Discovery’s Boomerang Rebrands to Cartoonito in Nordics, Turkey, Middle East and North Africa
Warner Bros. Discovery unveiled Monday that it has rebranded its preschool network Boomerang to Cartoonito across Sweden, Denmark, Norway, Turkey, and the Middle East and North Africa. Now available under the new name as a pay-TV channel, Cartoonito will include such longtime Boomerang favorites as Tom & Jerry, Mr Bean and Masha and the Bear, and such newer content […]
- By