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The Latest Breaking News from David Zaslav

Warner Discovery CEO David Zaslav says he was forced to lay off hundreds because WarnerMedia ‘had never been restructured for the future’

The layoffs were his "worst day on the job," but necessary to address the “generational disruption” in the industry, Zaslav said.

Fortune

Max Head Honcho Now Says It Took ‘Courage’ To Cancel Coyote Vs. Acme And Other Movies, And Calls Out Inaccurate Reports

WB Discovery chief says the studio was courageous in shelving movies.

Cinemablend

Margot Robbie might have crushed your Barbie sequel dreams: 'I can't imagine what would be next'

Barbie's lead star has suggested there are no plans for a follow-up to 2023's highest-grossing movie.

TechRadar

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Amazon Gets in Front of the Line as Warner Lets Filmmakers Shop Shelved 'Coyote vs. Acme'

Seventy-million-dollar animation/live-action project was the latest Warner Bros. film to be scuttled for tax and residuals breaks

Broadcasting & Cable

Is the Superhero Movie Craze Finally, Mercifully, Sunsetting?

In our latest Next Text, we ponder what the biggest Marvel Cinematic Universe bombing ever means to the video business

Broadcasting & Cable

The British are coming! US media sees influx of Britons in top roles

Will Lewis’s helming of the Washington Post comes after the Wall Street Journal and CNN hired other UK talent as top brass

The Guardian - US

Warner Bros. Discovery lost 2.5 million streaming subscribers in the last 6 months while its rivals grew—and sports are partly to blame

The Hollywood strikes also had a role to play in Max’s declining subscribers

Fortune

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First 'Batgirl,' now Roadrunner: David Zaslav cans Warner Bros. Looney Tunes film to harvest $30 million in taxable losses

Director Dave Green says he's "beyond devastated" by the decision to axe "Coyote vs. Acme," which had starred "Fast and Furious" alum John Cena.

Fortune

Hollywood's labor stoppage is over, but a painful industry-wide transition isn't

Hollywood’s months of labor unrest are coming to an end, but the post-strike landscape that awaits actors and writers may be far from happy-ever-after

The Independent UK

By shelving ‘Coyote vs. Acme’, Warner Bros. Discovery continues to show its artistic untrustworthiness

You just cannot trust Warner Bros. to actually release a movie it's made anymore.

USA Today Sports Media Group

Warner Bros. wants to transform franchises like Superman into 'always on' live-service style games—which is somehow different from what its been trying for years

Someone get some kryptonite before this all gets out of hand.

PC Gamer

Warner Bros. Discovery faces “generational disruption” dilemma after loading up on debt just as the TV ad market crashes

Investors recoiled at the news, sending the stock plummeting 19% and handing Zaslav his worst trading day in two years.

Fortune

Gotham Knights and Hogwarts Legacy publisher reveals its focus on live service games, while Sony reconsiders its own plans

Live service games are both in and out

GamesRadar

Warner Bros. to "drive engagement" by moving its games to a live service model

Warner Brothers Discovery CEO reveals that the company aims at "transforming" its games into live service products.

TechRadar

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news in one place.

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TechRadar

Netflix might become the new home for some Disney Plus films and shows, with three big exceptions

Disney CEO Bob Iger says the entertainment giant won't "chase bucks" by sending its biggest titles to Netflix.

Barchart

Karma Comes Knocking at Warner Bros. Discovery’s Door

After announcing poor Q3 2023 earnings Wednesday, Warner Bros. Discovery’s stock is the worst-performing name in the S&P 500. And it’s not even close.

Multichannel News

Warner Bros. Discovery Reports Streaming Profit Despite Shedding Subscribers

Overall net loss shrinks in third quarter

Fortune

David Zaslav is Hollywood's latest villain, but Wall Street predicts a plot twist

The Warner Bros. Discovery CEO is the ultimate penny-pinching entertainment and media mogul for the private-equity era. But can a more austere Hollywood still deliver hits?

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The Guardian - US

Hollywood writers’ strike: WGA reaches ‘tentative’ deal to end 146-day strike

After five days of negotiations with studios and streaming services, union says it has an ‘exceptional’ deal for members to vote on

The Independent UK

As writers and studios resume negotiations, here are the key players in the Hollywood strikes

Negotiations between striking screenwriters and Hollywood studios resume Wednesday, the latest attempt to bring an end to pickets that have brought film and television productions to a halt

Fortune

Hollywood's strikes are bulldozing the economy to the tune of 17,000 jobs and forcing a major studio to cut earnings guidance by $500 million.

The dual Hollywood strikes have eliminated legions of jobs and forced Warner Bros. Discovery to cut its projected profits.

Fortune

Leaders like David Zaslav show there's a dark side to 'managing up'

Managing up can be healthy, but the toxic version can hurt trust and innovation. Safeguarding against the downward spiral that it creates demands adding checks and balances within the system.

The Guardian - US

Can Mark Thompson revive CNN’s struggling fortunes?

The former BBC and New York Times chief has been tasked with revitalizing a news network that seems to have lost its way

Fortune

New CNN CEO Mark Thompson once rescued the New York Times from the end of newspapers. Can he do the same with CNN as cable TV dies?

After a tumultuous past few years, CNN has tapped Thompson's proven ability to turn around news organizations.

TV Tech

Mark Thompson Named Chairman and CEO of CNN Worldwide

Warner Bros. Discovery brings in former director-general of the BBC and former president and CEO of The New York Times Company to turnaround CNN

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