And we're curating now in a way that's having an impact on America. J.B., anything to add to that? 53 min read Participants Andrew T. Slabin; EVP of Global Investor Strategy; Warner Bros. from casting calls to the lure of the red-carpet award season. That's the power of streaming. Here through this post, we are also providing complete necessary details about the Warner Bros Pictures Casting Directors Dates Roles. There have been some media reports a few weeks ago that you were going to actually keep Discovery as a standalone product. And so I think that is key to us in terms of building the long-term strength. For those that are happy paying $5 or $7 and having home, food, Discovery and own type content. Discovery Inc. is suing Paramount Global, saying its competitor aired new episodes of the popular animated comedy series "South Park" after Warner paid for exclusive rights. And we've also introduced digital advertising on HBO, which advertisers are very excited about being able to be in these marquee shows. And so we are a storytelling company. Can you talk a little bit about the revenue outlook for D2C? And one of the tenets is we're not going to launch any content before it's time. So I think this is an exciting time because I think we're really -- we made some tough decisions. And there's lots more to come including the highly anticipated Mortal Combat 12 and Suicide Squad - Kill The Justice League, games also set for release this year with ambitious launch projections. And there are times when our share is significantly higher with marquee events, such as March Madness and the MLB and NBA playoffs. Warner Bros. Television Group has more than 110 shows currently in production across our own platforms as well as third-party broadcast, cable and streaming outlets, including Emmy Winners, Ted Lasso and Abbott Elementary. Discovery in which we took some pivotal initial steps. I would now like to hand the call over to Mr. Andrew Slabin, Executive Vice President of Global Investor Strategy. And I think you're going to see a big difference that when we release something, it's going to be a product that we think is the best it could be. This company every year give up the chance for new talents. Discovery Increases Cost-Cutting Synergies Target to $3.5 Billion By Jennifer Maas Warner Bros Discovery Six months after the merger of WarnerMedia and. I'd like to ask about advertising trends you're seeing and maybe kind of advance this discussion a bit more. We've rightsized the content investments. I think it could and should be huge because it wasn't being pushed on. So that is having some impact on us versus others that were -- that took a much bigger position in the upfront. I think the focus for many of us is usually each company's top profitability, but maybe there's not enough attention to the fact that each of these moves could have pretty dramatic impacts to the industry and competitive landscape. John Oliver poked at HBO's parent company, Warner Bros. If you could share your view on those two impacts, that would be very helpful. That's the power of curation. Sir, you may now begin. Discovery Cuts Scripted Programming at TBS, TNT. Keep one thing in mind, the entire last year was impacted by this headwind from coming off of Amazon. These shows have averaged as many as 20 million viewers in episode with strong week-over-week growth. Despite the full integration of Warner Bros. [Operator Instructions] Additionally, please be advised that today's conference call is being recorded. Discovery, for canceling "Batgirl . We've effectively done that now, but we had to take two different sales teams and pull them together. Discovery's Q4 Earnings Call. With that, I'd now like to turn it back to the operator, and David, JB and I will take your questions. Many of those people are going to want to move up to a bigger product, more robust with a bigger offering. And so I think of the investments that you make in live sports content on Turner, live content on CNN, are those types of things definitely are or they structurally not able to be put on the service? Reportedly Cancels 'Wonder Woman 3' Warner Bros. Warner Bros Casting Calls are the most useful tools for those who are feeling capable that they can make an immediate impact on their acting careers, but aren't well-enough known to get invited to usual castings. I mean just how should we think of sort of pricing and how should that translate into sort of results as we look out to '23? James was writing Superman. "This promises to be a very exciting year for our company," he told investors during the company's Q4 earnings call . Gunnar will take you through all of the financials in our outlook, but I'm very pleased that we see our net leverage clearly below 4x by the end of this year, below 4x by the end of this year. We're excited about the upcoming launch of the [ENHANZE] product and look forward to sharing more details at a press event on April 12. Nov 3, 2022 2:02pm PT Warner Bros. The studio is the flagship producer of live-action feature films within Warner Bros. The biggest unknown continues to be in the ad sales environment. Adjusted EBITDA decreased 7% as revenue declines were partially offset by lower content expenses as well as lower personnel and marketing costs, in part reflecting our cost synergy efforts. NOW CASTING PAID EXTRAS (Ages 30 +) to portray ROADSIDE MOTEL GOERS for the NEW DC Comic series "NAOMI" for FRIDAY, 1/21/2022. Webcast. 4 talking about this. I'll talk more about that in a minute. Is there -- what are you considering? A number of your competitors have cut back on the total amount that they're spending on cash content in '23 versus '22. It was a heavy lift to bring 2 teams together, notwithstanding the economy being what it was, and we are now drilling down on all facets of the business. And as we think about where we put content, as Casey looked at HBO, we were able to see which content are people spending time watching, what content is really powerful to us in terms of reducing churn. The Roku and the Tubi deal was really just a toe in the water, if you will, 14 channels, a beginning for us, but there'll be more to come as we go through the year, and we do want to have a bigger presence in that space because we do see consumer behavior continuing to shift and having a very robust amount of consumers around the world, who will want to consume ad-supported content. The sentiment is not terrific. We're excited about JV's product relaunch in the second quarter, but those are uncertain factors that's very early in the year. Stay tuned for more to come on this front. I'm especially happy about the development in our D2C segment, where we delivered a marked improvement across a number of key operational KPIs leading to a healthy sequential improvement to financial performance. In addition to less activity in home entertainment, given the leaner theatrical release schedule in 2022, which was very much a result of deliberate decisions we made about specific titles and overall release dates. As always, we are not managing this company for short-term financial performance, but rather with the next 100 years of this vibrant creative organization in mind. The best way to drive interest and engagement is not by dropping the entire season on a platform all at once, but by allowing the buzz and anticipation to build over time. We can put that down on our AVOD service. And we have high hopes for all of these metrics after the combined product launches to further improve. It's working. And our new studio heads are hard at work putting their unmatched creative stamp on our future slate. Gunnar and the team are laser-focused on driving transformation throughout the organization, supporting our ability to further generate real free cash flow. Her Barbie looks like a version of Robbie's Sharon Tate, or. Batman Day - September 17, 2022. You probably know that, because we've kept the lights on at TBS for the last five years.". Let me start with the second question. This is in part a function of a successfully executed synergy program and ongoing continuous improvement efforts. Studio. In providing projections and other forward-looking statements, the company disclaims any intent or obligation to update them. We can put you on HBO on a Sunday or Monday night, where it's must see streaming TV or we could have to we've launched your movie. Young Sheldon, network TV's #1 comedy. Content alone is really only half of the equation. The guidance does not include any asset sales. A replay of the call will be available approximately two hours after the completion of the call until August 11, 2022. Ladies and gentlemen, thank you for standing by, and welcome to Warner Bros. We've accomplished a significant amount in 2022, and I'd like to take this opportunity to thank the entire finance team for their persistence and resolve in working through these very difficult but necessary first steps, which has resulted in greater command, control and precision across the enterprise and laid the foundation on which we are positioning the company. Thank Sure. This is some of the most recognized and beloved storytelling IP in the world, and we're excited to tell even more of those stories. So that storytelling IP. But it's -- we're not going to tell any story before it's done. In all that we do, we are guided by three strategic pillars. . And we can create a Tubi or a Pluto without buying content from anybody by just being able to put it on ourselves. Games & Home entertainment faced difficult year-over-year comps as well due to last year's COVID-induced tailwind for library content. Marvel's Guardians will star alongside Chris Hemsworth (Thor), Natalie Portman (Jane Foster/Mighty Thor), Tessa Thompson (Valkyrie), and Christian Bale (Gorr the God Butcher), among other new and. So I think that I'm hyper-focused on this, meeting once a week with the team, but getting our stride as a new working team, and I feel like we're starting to get some momentum on that. Discovery CEO David Zaslav's plan to combine HBO Max and Discovery Plus into a single streaming . We also signed fast content deals with Roku and Tubi, adding to these popular platforms, hundreds of our TV shows and movies, while maximizing the reach and overall value of our content. Turning to the quarter, I'd like to quickly take you through some of the puts and takes impacting performance. We got to take those swings. View this post on Instagram That is what we're tracking in our system today, specific initiatives with associated direct financial impact, responsible owner and detailed milestone plans. Netflix Reality Series Audition 2023 Casting Calls. And so we were able, in many ways, to Monday morning quarterback. If you have an ad-blocker enabled you may be blocked from proceeding. And then, Gunnar, you sound very bullish and confident on the D2C targets, the $1 billion of EBITDA in '25. MACON RUSH CALL BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' LOCATION: Macon, GA By Kevin P. King - April 7, 2022 487 0 Advertisements On Location Casting *RUSH CALL* - TODAY! And then we ourselves will run our own fast service. On Friday, AT&T handed off Warner Bros. to Discovery Inc. as part of a $43 billion merger. Of course, the other stipulations include being "willing and available" to film for the duration of the series which could be as long as 12 weeks and will commence around mid-June to mid-August of 2021. On FAST, look, the strategy is, I think, back to some of the questions earlier, at the end of the day, one of the advantages we feel like we have is the question keeps coming up about windowing. It's a wow. I can't wait for The Flash to hit the theaters in June. Look, the symmetry of the Discovery+ content, which is heavily viewed for hours a day, mostly during the day and infringe against the HBO content, which is watched more, Discovery+ maybe more passively, HBO, more with family, that the more research we do, the more we look at it, the more we think these fit together very well with appealing content to everybody in the family. Discovery, Inc. ( NASDAQ: WBD) Q4 2022 Earnings Conference Call February 23, 2023 4:30 PM ET Company Participants Andrew Slabin - Executive Vice President, Global Investor. The decisions we've made and the strategies we've set in motion 10 months ago have created a solid foundation and we're starting to see strong momentum. Through the end of 2022, we've already realized over $1 billion of synergy, inclusive of a couple of hundred million dollars of course-corrective measures that we undertook early after launching Warner Bros. Reiterating my earlier point, I'm very pleased with where we ended the year and encouraged with our ability to balance choppy macro tides with success in repositioning the company for future growth. We were able to put that to work behind some of cases launches, behind some of our film launches. Today, I'm thrilled to announce that Mike and Pam signed a deal to make multiple Lord of the Rings movies. SVOD and ad-lite tiers and a significantly enhanced product platform to drive better performance, improved user experience and stronger engagement. And so effectively, whether you want to look at content for free, you want to look at with edge, you want to look at you want a premium that we -- you would have all that opportunity with us, and it makes sense because we have the largest TV and motion picture library in the world. And at the end of the day, the consumer is at a point in time where they want more choice and better breadth of choice from fewer services, because they just don't have either share of wallet to be able to spending on five, six, seven services anymore. The creative co-lead and co-chairman of DC Studios have confirmed the entertainment studio is separate from Warner Bros. Pictures Group As per CBR via the social news aggregate website, Reddit . The casting of a young Leta would suggest that her character might have a bigger role in the sequel. And we are still in the early stages of bringing this comprehensive portfolio together and harnessing all that it can deliver. And then for Gunnar or JB, can you maybe just expand upon your fast strategy and why you chose to do the deal with Roku and Tubi and maybe how that might impact the launch or timing of your own fast service? And now we're -- this year, you're going to see us fighting on DC. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City.It was formed after the spin-off of WarnerMedia by AT&T, and its merger with Discovery, Inc. on April 8, 2022.. So I think that's something that's really resonating with the creative community that their content is seen, it's curated and it's elevated and that's part of the cultural conversation, both in the theater and on the platform. And that is what all great talent wants. An important reference point for the value of our combined portfolio of networks to our distribution partners. There's been an increasing discussion recently about what the right general entertainment content strategy supposed to be for media companies as your models continue to pivot and become more streaming-centric. In 2022, Warner Bros. will release Elvis, a biopic about the king of rock and roll himself. They are also looking for actors between 16 and 18 to portray both Gellert Grindelwald and Albus Dumbledore as teenagers. But we'll take you through what that plan is and how we intend to do it on the 12th, but well locked and loaded. The program was created to provide undiscovered and underrepresented actors, particularly people with disabilities, Indigenous, MENA, and Trans . Well, one of the big advantages that we have, Brett, is that we have this diversity of content. We're committed to creating shows that people really want to watch, and they also want to experience them with other people. CASTING SUBMISSION - Actors & Extras Head of the Localization Department at Warner Bros. Games Montreal.<br>Extensive experience in video-game internationalization and localization engineering into +15 languages. Passionate about supporting Creatives to develop, produce . And I'm not taking anything off the table here, but I just want to be realistic as well about what we're seeing today. Well, look, we were laser-focused on building this DC 10-year plan. Maybe help us think about the levers you have and your expectations around top line over the next few years? And back then, you had to watch the show on Thursday night. No, I was just going to say that as David has said before, I think the industry obviously was at a scale at any cost. And I have no doubt that when the market turns, we're going to be in a very, very good position to capture that upswing as well, especially, as David mentioned, with more inventory on the digital side becoming available here, which last year was sort of a limiting factor for us. We've heard the word curated. HBO and HBO Max Hit with 70 Layoffs at Warner Bros. The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. Discovery, Inc.. How much do you feel like is more reflective of some of the underlying trends that just have to do with ratings declines or core cutting and those types of trends? We are also advantaged by the fact that our U.S. networks average 30% of all nightly cable viewers in the key 25 to 54 demo. Just what should we expect in terms of '23 versus '22? And basically, we create a flywheel of our own, where we own the full ecosystem, the subscription, the ad-lite and the ad free. The gaming business is all consumer product driven. Yes, that's one important ingredient. is looking for PAID EXTRAS for a new series on THE CW based on DC Comics series "NAOMI" that will be filming here in Atlanta, GA. That HBO Max, whatever we call it on the launch, is a product that we take around the world and that has a real impact on how people consume content. Warner Bros. TV Group chairman Channing Dungey, in a memo to employees, explains cuts that will lead to the loss of 125 positions (including 43 vacant slots) - 26% of the division's total workforce. Warner Bros. How to Get Cast On How to Get Cast in a DC Comics Movie or TV Show This guide will answer your most pressing questions. We want to tell the best stories, share them with the broadest audience possible, and we do that by working together as 1 team, 1 company. Faith Wood-Blagrove beat thousands of other young actresses to the role of Modesty in Fantastic Beasts, and Evanna Lynch was chosen for the part of Luna Lovegood out of 15,000 other young women following open casting in 2006. We met with 186 of the top leaders in -- for a week in early January. - David Spade, 'Nothing Personal' 2022. And we take advantage of all the content that we have. It's 1 of the biggest value creation opportunities for us. And I'm very, very glad that we put out some targets in the summer of last year, and we were able to hit those targets. Accordingly, we expect free cash flow in the first quarter to be negative. [Operator Instructions] I would now like to hand the call over to Mr. Andrew Slabin, Executive Vice President of Global Investor Strategy. On the one hand, we have tremendous breadth with live news, live sports, entertainment, nonfiction, a tremendous share and reach. Those shows had a supersized effect on people and culture. BURBANK, Calif. Due to the unprecedented global pandemic caused by the novel Coronavirus, Warner Bros. Television's Casting department launched a unique virtual "Actors in Training" initiative this summer designed to connect the Studio with emerging actors who may have had their final year of dramatic training curtailed or negatively impacted But the key to this company is, as a storytelling company, we have this diversity. The studio is the flagship producer of live-action feature films within Warner Bros. Two questions. So we have a best -- we have all this work that we've done to build this platform will be taken, so that to the benefit of all of our subscribers on all of our different products. Every week, a new episode comes out and by the time the next one airs a week later, tens of millions of people have watched the last episode. Two impacts, that would be very helpful all that we do, we are still the. Max Chief content Officer Casey Bloys is significantly higher with marquee events, as... 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