#“Adult Animation Is in a Renaissance”: Warner Bros. Animation, Adult Swim and Max Execs Tease New Projects, Expanding the Medium to All Audiences

#“Adult Animation Is in a Renaissance”: Warner Bros. Animation, Adult Swim and Max Execs Tease New Projects, Expanding the Medium to All Audiences

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…

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

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

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…

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#Warner Bros. Discovery CFO On Streaming Bundles: “I Don’t Think It’s an Easy Thing to Pull Off”

#Warner Bros. Discovery CFO On Streaming Bundles: “I Don’t Think It’s an Easy Thing to Pull Off”

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…

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

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

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…

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#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

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…

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