#ITV “Actively Exploring” Acquisition of All3Media From Warner Bros. Discovery, Liberty Global

Admin3 years ago04 mins

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 On Streaming Bundles: “I Don’t Think It’s an Easy Thing to Pull Off”

Admin3 years ago06 mins

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…

#Max Loses HBO Title As Rebranded Service Launches: What to Know

Admin3 years ago06 mins

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….

#David Zaslav: Striking Writers Should Be “Compensated Fairly,” While “Love for the Business” Could End Impasse

Admin3 years ago05 mins

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…

#Warner Bros. Discovery Swings to M Streaming Profit, Says U.S. Streaming Business Will Be Profitable for 2023

#Warner Bros. Discovery Swings to $50M Streaming Profit, Says U.S. Streaming Business Will Be Profitable for 2023

Admin3 years ago08 mins

Warner Bros. Discovery ended March with 97.6 million global streaming subscribers, compared with around 96.1 million as of the end of 2022 and ahead of estimates, the entertainment conglomerate disclosed in its first-quarter earnings report on Friday. Importantly, its streaming unit swung to a $50 million profit, compared with a loss of $654 in the year-ago period…

#HBO Max Relaunch: The Open Questions Ahead of Warner Bros. Discovery’s Next Pivot

Admin3 years ago08 mins

What’s one way to drum up anticipation for a streaming service merger? Keep the new name secret. As Warner Bros. Discovery prepares to unveil its refreshed streaming service on April 12, outside partners are still awaiting official word on what exactly the merged HBO Max–Discovery streamer will be named as executives continue to refer to…

#Lionsgate, Warner Bros. Discovery Among Top Hollywood Stock Gainers in First Quarter

Admin3 years ago018 mins

Lionsgate, Warner Bros. Discovery and Paramount Global were among the hit Hollywood stocks of the first quarter of 2023, shaking off investor concerns about such industry challenges as record cord-cutting, getting streaming businesses to profitability and economic clouds darkening the advertising outlook, as well as recent stock market volatility due to the collapse of banks….

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#Warner Bros. Discovery Wins Over Two More Wall Street Analysts for Upgrades

Admin3 years ago05 mins

Warner Bros. Discovery Wins Over Two More Wall Street Analysts for Upgrades Add Wells Fargo and Wolfe Research analysts to the growing list of Wall Street experts who have turned bullish on Warner Bros. Discovery. Last April saw the creation of the merged Warner Bros. Discovery followed by various cost-cutting challenges for the management team…

#Warner Bros. Discovery Renews HBO Content Deal With Japan’s U-Next Streaming Service

Admin3 years ago05 mins

Warner Bros. Discovery Renews HBO Content Deal With Japan’s U-Next Streaming Service Warner Bros. Discovery has renewed a content output deal with Japanese streamer U-Next. The Tokyo-based service has been the home of HBO programming in Japan since April 2021. The two partners said Tuesday that the relationship has been extended, although financial terms and…

#Australia’s Foxtel Inks Multi-Year Deal to Retain Warner Bros. Discovery Content

Admin3 years ago06 mins

Australia’s Foxtel Inks Multi-Year Deal to Retain Warner Bros. Discovery Content Australian pay-TV group Foxtel will remain the home down under of HBO content after revealing a new multi-year deal Wednesday with Warner Bros. Discovery. The two partners described the agreement as “a multi-year, multi-faceted content and platform agreement,” which will keep HBO’s prestige hits like House…