These shows have averaged as many as 20 million viewers in episode with strong week-over-week growth. Yes. NOW CASTING PAID EXTRAS (Ages 30 +) to portray ROADSIDE MOTEL GOERS for the NEW DC Comic series "NAOMI" for FRIDAY, 1/21/2022. During the WBD quarterly earnings call, Zaslav . Wizarding World is the new official home of Harry Potter & Fantastic Beasts. Yes. It's -- those three of the tentpole products that when someone's at dinner anywhere in the world, and they look at their watch at 8:00 and you mention Batman, Superman, Wonder Woman, Harry Potter, Lord of the Rings. Don't forget the 12+ hour blocks of five year old movies every weekend. The sequel to Fantastic Beasts and Where to Find Them is slated for release 16 November 2018, and filming begins this summer. It comes after HBO and HBO. Such a move has been expected for quite some time, given Warner Bros. It's about the sustainability and the longevity the free cash flow being delivered by that segment. MACON Advertisements RUSH CALL BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' LOCATION: Macon, GA With me today is David Zaslav, President and CEO; Gunnar Wiedenfels, our CFO; and JB Perrette, CEO and President, Global Streaming and Games. Our next question SP1 Comes from Robert Fishman with SVB MoffettNathanson. Everybody has a strategic focus on improving free cash flow, market share for each of the businesses. Discovery and sort of the earnings power of the organization? We are already seeing a more inclusive range of voices and viewpoints, as demonstrated last month, when over 70 Republicans came on our air during their Congressional speaker election process, a first in a very long time, and we intend to continue advancing on this balanced strategy. And there's a number of uncertainties as you wouldn't be surprised to hear. On the one hand, we have tremendous breadth with live news, live sports, entertainment, nonfiction, a tremendous share and reach. This doesn't yet reflect the $1 price increase on the ad-free retail tier in the U.S. that was implemented in January and which has been digested quite well. Discovery, Inc. (NASDAQ:WBD) Q4 2022 Earnings Conference Call February 23, 2023 4:30 PM ET, Andrew Slabin - Executive Vice President, Global Investor Strategy, David Zaslav - President and Chief Executive Officer, Gunnar Wiedenfels - Chief Financial Officer, Jean-Briac Perrette - Chief Executive Officer and President, Global Streaming and Interactive. And so we want to optimize that as a unified strategy for the company. Anyone under 18 must ask a parent or guardian to send the application. 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. Good afternoon, and welcome to Warner Bros. Sure. We see price as a very important second part. It's a wow. filming in Atlanta, GA. COVID TEST: TUESDAY JANUARY 10, 2023 FILM (1 DAY BOOKING) - WEDNESDAY JANUARY 11, 2023 RATE: $175/12 (DAILY) + $25 COVID We also made a decision in the upfront to drive price rather than extra volume. And then we ourselves will run our own fast service. Discovery, Inc.. International markets continue to perform relatively better, stronger markets such as Poland and Italy were in part offset by weaknesses in the UK, Nordics and certain Latin American countries. But as David said, we've got sports and news that today are really untapped in the streaming world, and those are optionality for what we might be willing to do in the future, and we'll share more of that on the 12th with you with more detail. On the 12th, we'll lay out to you, we have a clear attack plan, where we'll drive this really across the country and into markets around the world with conviction. The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. It's not about getting it out quick. Turning to consolidated results and free cash flow. Our final question comes from John Hodulik with UBS. And I think there was a lot left on the table. That's not the point. We have a great hand and we're doing a lot right. Appreciate all the information you just shared. They have great plans to revitalize the nets and have also begun to use our exceptional library of film and television content in a way that will benefit our linear and cable networks. An important reference point for the value of our combined portfolio of networks to our distribution partners. The product will offer compelling content for every member of the household. If all else fails, take your mother's advice - if it seems too good to be true, it probably is. Two questions. Participants must have the right to work in the United States or Canada. And on the traditional side, we renewed agreements representing 30% of our U.S. affiliate revenues. And as I've said before, net-net, that's not a segment where I would expect a sustained revenue growth. We can put you right on HBO on Sunday night with the biggest audience in America, tuning right into you. Can you talk a little bit about the revenue outlook for D2C? The studio is looking for young people to play five new roles in the film, including teenage incarnations of Newt Scamander, Leta Lestrange, Gellert Grindelwald and Albus Dumbledore. All the meetings that I've had in the last two weeks are about great content that we're producing, meeting with creatives that want to come here, how we -- what more shows are we going to be selling, what more shows are we going to be keeping on our platform? 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. Based on the traction we are seeing across the broad spectrum of operational and financial KPIs, we expect segment EBITDA to be more or less breakeven in Q1, which implies another $500 million improvement year-over-year, roughly in line with the improvement seen in Q4. Discovery, Inc. Fourth Quarter 2022 Earnings Conference Call. Turning to Networks. The Hogwarts game, we took several additional months to rework it, to get it right. With respect to these initiatives, we are working on a total potential opportunity of $5 billion over the next few years. No, the only thing I would add is from the perspective of cyclical versus secular, there's no doubt. Discovery CEO David Zaslav's plan to combine HBO Max and Discovery Plus into a single streaming . 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. Warner Bros. 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. The film is set decades before Harry Potters adventures at Hogwarts, and marks an increasingly dark time for the wizarding world. We got to take those swings. 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. I'd like to ask about advertising trends you're seeing and maybe kind of advance this discussion a bit more. I have one for David and then one for J.B. or Gunnar. China said on Monday (local time) it sought dialogue and peace for Ukraine despite US warnings that Beijing might be considering weapons supplies for its ally Russia's bogged-down invasion. 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.. In addition to all of our entertainment and nonfiction, we do have all of our news and sports. Discovery, Inc. Fourth Quarter 2022 Earnings Conference Call. We have an unusual situation. Stay tuned for more to come on this front. And once we establish this funnel, then we can take things like the first season of succession or the second season. That is what we're tracking in our system today, specific initiatives with associated direct financial impact, responsible owner and detailed milestone plans. Oh, on FAST. Last year was a year of restructuring. media commentator focused on TV Production, Consumer Tech, SVOD & Sports Broadcasting . And I think our diversity, we have all these different assets that have -- that are different. And the best thing that we have going for us right now is all of that hard work that we did, and it was probably two years of work that we did in 10 months, it's now almost -- it's overwhelmingly behind us. Storytelling content is most powerful when you're watching it and then you're with others, either in a theater, or you're able to talk about it either online or with your friends, that's the power of content, not when you're viewing content alone. I want to follow up on the streaming discussion. You may now disconnect. Consistent with what we told you last August, we are getting ready to launch our combined streaming service here in the U.S. in a few months with Latin America to follow later this year and markets in EMEA and APAC in '24. 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. I remain very optimistic about the range of potential outcomes in 2023 and beyond. Margot Robbie, who plays Barbie, is instantly as Barbie-esque as you could imagine, all blond hair and smiles and bright pink car. David Zaslav Praises CNN Adding More GOP Voices; "Balance Strategy" Is "Important," Warner Bros Discovery Boss Says + Discussion: The Wrap, . And getting ready for our new launch. This year, we celebrate the storied Warner Bros. Studios 100th anniversary with a deepened commitment to telling quality, diverse stories, with the power to entertain, inspire, and when we are at our best, impact or even change the culture. Is there -- what are you considering? And so we were able, in many ways, to Monday morning quarterback. Presentation. Naturally, our domestic relaunch of the combined product offering in the spring will result in a sequential step-up in P&L investments in Q2 behind a requisite increase in marketing spend support and premier content launches. And we're curating now in a way that's having an impact on America. You're going to see us fighting at Warner Bros. on the Motion Picture side, in order to really -- I think there's a huge opportunity on the Warner Bros. Motion Picture side for investment in quality content and storytelling. In the meantime, we completed a new distribution agreement that puts HBO Max back on Amazon Prime video channels. 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. And while this is indeed encouraging, we're hesitant to forecast any meaningful near-term revenue improvement. With that, I'll turn it over to Gunnar, and he'll walk you through the financials for the quarter. Though like in the U.S., we're being mindful about overall visibility in regional, macro and political influences. Warner Bros. Discovery's earnings are expected to grow from $0.97 per share to $1.79 per share in the next year, which is a 84.54% increase. The advertising environment in the U.S. remains very . This is one team now. 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. Having said that, as we face this next upfront, which is coming up in two months, I think the breadth of our content together with where we go in on price, positions us very well. And it is shared -- the platform itself for Discovery+ will be a shared platform. Discovery might have had. First, let me say, this promises to be a very exciting year for our company. The 99-year-old movie studio, home to Harry Potter, Batman and Bugs Bunny, will now head in a. Interestingly, the actor cast as the titular character, Austin Butler, isn't the most well known, and audiences will probably know him best as the Manson family member Tex Watson in Once Upon A Time In Hollywood . We said starting last August, we believe in profitable scale. We see better engagement, better churn, which makes marketing efficiencies come up. So a lot to be looking forward to. Discovery, we believe we have the strongest hand in the industry, with the most complete portfolio of assets and globally renowned franchises, personalities and storytelling IP, across sports, news, nonfiction and entertainment, in virtually every region of the globe and in every language. Thank Sure. Thank you for attending today's presentation. And we have high hopes for all of these metrics after the combined product launches to further improve. Discovery CEO David Zaslav said the retooling of CNN 'isn't going to happen overnight.'. And having all those distribution outlets gives us the optionality to look at what the data shows us and see where we need to lean in further or not. If you could share your view on those two impacts, that would be very helpful. - David Spade, 'Nothing Personal' 2022. It's about telling the best story. And so we're going to be -- Casey is the best example of that. We got some of the best creatives in the industry right now focused on those swings. So David, as you said, '22 was a year of really heavy lifting and you had challenges really in every division, whether it was film, advertising, CNN, et cetera -- I mean, macro, et cetera, D2C. Disclaimer: Audition free of cost for more information visit the respective official site. But curation, creating content at a time when people can watch it, creating a community conversation. Games & Home entertainment faced difficult year-over-year comps as well due to last year's COVID-induced tailwind for library content. We are more confident than ever that we have the right strategy to be successful and ultimately achieve our goal of being the greatest media and entertainment company in the world. On direct-to-consumer, we are making meaningful progress on our goal to achieve real profitability in streaming, a key and powerful segment of our company. . In recent weeks, we signed new deals with a number of the most prolific and celebrated creatives in the industry, including Greg Berlanti, Baz Luhrmann, M. Night Shyamalan, Akiva Goldsman and Zach Cregger with more to come. He presented that to you and the press about a month ago. And as we look to 2023, my near-term key financial priorities remain: number one, delivering against our synergy and transformation targets where we are managing towards an incremental $2 billion of cost capture in 2023 and the larger opportunity I mentioned previously. However, we remain very enthused about the trend line here, and I have greater and greater confidence in our ability to achieve our long-term segment targets of breakeven in the U.S. in 2024 and $1 billion of profitability in 2025 globally. We haven't done new Harry Potter content in over a decade. Discovery CEO David Zaslav wants to redeem his predecessors' failure to rival Disney with its library of intellectual property through an unprecedented focus on tentpole events. We've contended with recent share shifts away from our portfolio during the NFL and College Football season and the World Cup. We've heard the word curated. And so you put the Discovery+ and HBO Max proposition together at a great value, and we think we deliver something that ultimately has something for everybody in the household, which will help us on scale and help us on churn, which are the two major ingredients we're focused on as well as obviously engagement. We're putting these targets here out for 2023 with the same mindset that we want to hit or outperform that guidance. 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. 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. It's the backbone of what we're doing, and we'll keep investing. Studio. DC Comics. And it's the same principle with theatrical, perceived value of content increases when there's a great expectancy and excitement. James was writing Superman. 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. Warner Bros. didn't even have the courtesy to give the "Batgirl" cast and creative team a bat signal that their movie was being locked away in Arkham. To apply for the Fantastic Beasts open casting call, email [emailprotected] with a recent colour photograph, (i.e., taken within the last two months), contact telephone number, your home address and date of birth. The studio is looking for young people to play five new roles in the film, including teenage incarnations of Newt Scamander, Leta Lestrange, Gellert Grindelwald and Albus Dumbledore. 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 . And that is the culture here at Warner Bros. 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. This phenomenon can go for eight, 10-plus weeks for each series. August 4, 2022 04:30 PM ET. Open casting calls are something of a tradition in the Wizarding World. I saw it and loved it. Head of the Localization Department at Warner Bros. Games Montreal.<br>Extensive experience in video-game internationalization and localization engineering into +15 languages. Despite the full integration of Warner Bros. Let me start with the second question. We definitely are planning for an inflection on the revenue side. And so I think that is key to us in terms of building the long-term strength. We have Channing and her team right now with the #1 or #2 show on almost every platform in America where we're selling to all of our -- to our peers in the business. This is in part a function of a successfully executed synergy program and ongoing continuous improvement efforts. No previous acting experience is necessary, but applicants need to be eligible to work in the UK (meaning they must be a UK, Irish or EU passport holder), and be available for filming between August and November 2017. Action & adventure 2008 2 hr 32 min English audio (and 13 more) PG-13 CC Buy or rent Christian Bale and director Christopher Nolan reunite following their blockbuster success with Batman. Discovery ( WBD) CEO David Zaslav promised 2023 will be WBD's year after the media giant reported fourth quarter earnings results that missed across the board on Thursday. You have so many hidden assets within the company. While every applicant will be considered, only those passing the initial consideration round will be contacted. Discovery in which we took some pivotal initial steps. I'm just wondering if you can talk about some of these assumptions. It's not about getting it out for a certain date. And our new studio heads are hard at work putting their unmatched creative stamp on our future slate. And with that, I am pleased to turn the call over to David. The sentiment is not terrific. Revenue decreased 6% as global advertising revenues declined 14% and distribution revenues decreased 2%. So I know it's a pretty open-ended question, but can you talk about how you see the streaming industry evolving overall with these changes? There have been some media reports a few weeks ago that you were going to actually keep Discovery as a standalone product. Warner Bros. With that, I'd now like to turn it back to the operator, and David, JB and I will take your questions. CASTING SUBMISSION - Actors & Extras 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. More Earnings Resources from MarketBeat Earnings Tools: Today's Earnings Tomorrow's Earnings Next Week's Earnings Upcoming Earnings Calls Earnings Call Transcripts Earnings Beats & Misses Corporate Guidance And so we -- as the largest owner and producer of content in the world, we'll -- we want to super serve effectively our streaming service, which is a top priority as well as an AVOD service so that we could reach everyone in every country, everywhere in the world. If you have an ad-blocker enabled you may be blocked from proceeding. No question about that. The search for Nick took Warner Bros. much longer than expected, though, and eventually Golding was ready to sign on. Discovery, ensuring it will remain as the exclusive Australian home of HBO, Max Originals, Warner Bros. and Discovery programming. Have one for David and then one for J.B. or Gunnar is the. 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