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Streaming businesses are getting overhauled in the hope of reaching profitability down the line; the advertising market may be stabilizing but has been challenged; Hollywood writers are striking; record cord-cutting has further eaten away at TV networks divisions that once were the big profit centers; companies are going through layoffs to address “macroeconomic” clouds. To…
Warner Bros. Discovery is laying off Karen Horne, a diversity, equity and inclusion executive, The Hollywood Reporter has confirmed. Horne’s departure is not a result of cost-cutting measures, according to a memo sent by Asif Sadiq, Warner Bros. Discovery’s chief global diversity, equity and inclusion officer, but is rather due to reorganization of the division,…
It’s the syndication move that nobody expected. Sources tell The Hollywood Reporter that Warner Bros. Discovery is actively talking with Netflix to license HBO shows — including Insecure — to the Netflix. Such a deal would be considered a stunning move for the two big-spending rivals, neither of whom immediately responded to THR’s request for…
The executive VP and GM of Turner Classic Movies Pola Changnon has opted to exit Warner Bros. Discovery. Changnon has led TCM as its GM since 2020, but has been with the company for more than 25 years. She announced her decision to leave the company in a memo to TCM staff Tuesday. In another note…
AT&T does not see cable companies’ mobile subscriber gains coming at its expense and sees a “pretty high” bar for a merger of DirecTV and Dish Network, CFO Pascal Desroches told an investor conference on Tuesday. Speaking at the Bank of America C-Suite Technology, Media and Telecommunications Conference in London in a session that was…
Adult Swim president Michael Ouweleen knows the industry is “being much more bullish” about adult animation than when his popular programming block premiered in 2001 on Cartoon Network. It’s a noteworthy shift for Western audiences, who’ve spent decades watching mostly family sitcoms dominate the medium. “Without people making animation synonymous with kids only, I don’t…
ITV said Friday that it was “actively exploring” a potential acquisition of All3Media. Entertainment conglomerates Warner Bros. Discovery and John Malone’s cable and telecom giant Liberty Global have been considering alternatives for their production joint venture All3Media, the largest TV production firm in Britain. Its titles also include the likes of The Traitors and The Tourist, as well as the 2019 film 1917. Potential…
Warner Bros. Discovery CFO Gunnar Wiedenfels has talked up Max, the studio’s revamped streaming service combining programming from both the original HBO Max streaming service and Discovery+ after it launched on Tuesday. “It’s day one, but so far, so good,” the WBD finance chief told the J.P. Morgan Global Technology, Media and Communications Conference during a session…
This morning, Warner Bros. Discovery officially transformed HBO Max into Max. The rebranded and refreshed streaming service, which was first unveiled in April at an event on the company’s Burbank lot, features a slate of new original programming (known as Max Originals) and an updated user interface that includes content hubs for HBO and HGTV….
The ongoing writers strike is threatening the long-term strategic plans of the major entertainment companies, but while some companies are reported to be pleased that the strike could give them an opportunity to trim costs, Warner Bros. Discovery CEO David Zaslav says he doesn’t share that point of view. “We’re not glad,” he said on…