And HBO is streaming's new must-see TV with all of its cultural impact and excitement. We're putting these targets here out for 2023 with the same mindset that we want to hit or outperform that guidance. And we are still in the early stages of bringing this comprehensive portfolio together and harnessing all that it can deliver. And then obviously, with the new product, we just look at some of the features that we're going to be rolling out and some of the improved and enhancements from a performance standpoint in the product at a much higher engagement, which will help both our ad-lite monetization, including, as David mentioned earlier, the fact that we're now putting ads and all the content on HBO Max as opposed to just some of the content on HBO Max, all those will be part of the revenue drivers in addition to obviously having the rights like we talked about before, for all of our sports in the U.S. and news content eventually that could also help us drive further scale and pricing in the years ahead. While every applicant will be considered, only those passing the initial consideration round will be contacted. Number three, evaluating capital allocation opportunities with rigor, so that we can both achieve near-term efficiency and enhance long-term asset value and growth. And after just 5 weeks, an astounding 35 million people have watched episode 1. There's been an increasing discussion recently about what the right general entertainment content strategy supposed to be for media companies as your models continue to pivot and become more streaming-centric. Can you talk a little bit about the revenue outlook for D2C? To participate in the Warner Bros. That said, there's still more that we need to get right and we are hard at work. And we could see, for instance, at HBO, the majority of viewership of content on HBO was only 40% of the content. Discovery CEO David Zaslav attends NRDC's "Night Of Comedy" Honoring Anna Scott Carter at Casa Cipriani on September 20, 2022 in New York City. Some are advertiser-driven. Our next question SP1 Comes from Robert Fishman with SVB MoffettNathanson. We see churn as a third important variable that historically has been relatively higher on the HBO Max product that with the two products coming together, that ultimately coming down is important. Social media explodes and people are calling their family and friends to talk about what they saw. Many of those people are going to want to move up to a bigger product, more robust with a bigger offering. We said starting last August, we believe in profitable scale. And while this is indeed encouraging, we're hesitant to forecast any meaningful near-term revenue improvement. On Location Casting ATLANTA area, GA (SAVANNAH/JEKYL ISLAND) BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' By Kevin P. King - March 10, 2022 684 0 Advertisements On Location Casting ATLANTA area, GA (SAVANNAH/JEKYL ISLAND) BACKGROUND Casting Notice Advertisements We're going to be releasing 12 films, 6 games. You may now disconnect. The Last Of Us, for example, grew its Sunday premier night viewership by about 1 million with each episode over the first 4 weeks. 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. And once we establish this funnel, then we can take things like the first season of succession or the second season. Do your homework, find out if the casting call is legit, find out who the casting director is for the show or movie and make sure everything matches up. Today, I'm thrilled to announce that Mike and Pam signed a deal to make multiple Lord of the Rings movies. Yes. These outcomes will reflect an incremental $2 billion of synergy and transformation efficiency capture, while additional puts and takes to consider include positive revenue inflection in D2C, the broader release slate at Warner Bros. Pictures and Games, balanced by cyclical advertising headwinds. Reiterating my earlier point, I'm very pleased with where we ended the year and encouraged with our ability to balance choppy macro tides with success in repositioning the company for future growth. And later down the road, we're also obviously going to start looking at new market launches, again. The product will offer compelling content for every member of the household. Required fields are marked *, Warner Bros.-Seven Arts, Inc.(19671970), Toby Emmerich(Chairman, Warner Bros. Pictures Group), Walter Hamada(President, DC-based Film Production), studiofacilities.warnerbros.com/studio-operations-inquiry-form/. 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. It's significantly better outside the U.S. right now, which is a surprise. With the successful launch of Hogwarts Legacy 2 weeks ago, we reimagined 1 of the biggest global franchises in the world. Participants must be fully vaccinated for COVID-19 and show proof of vaccination. And we're curating now in a way that's having an impact on America. That is exactly what we see happening at HBO. And we've also introduced digital advertising on HBO, which advertisers are very excited about being able to be in these marquee shows. Thank you for attending today's presentation. And that is what all great talent wants. The long-term earnings and free cash flow generation potential of this company are stronger than ever, particularly after having taken some courageous and crucial first steps this past year. We have the largest maker and seller of content in the world, and while we've got lots more to do, we are increasingly seeing positive traction and strong proof points. 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. I think it could and should be huge because it wasn't being pushed on. And we are excited for Mike and Pam to lead the studio into its next chapter, which in 2023, will see output more than double. Let me start with the second question. Discovery is a storytelling company and we are very fortunate to have a huge share of the most beloved and globally recognized storytelling IP in the world, including Harry Potter, Game of Thrones, Superman, Batman, Lord of the Rings, and we intend to take full advantage of these one-of-a-kind franchises across our various platforms. The other point that is front or set up for us is curation. We've got some tests going on and it's very early, but some of the numbers that are coming in are looking exciting. Studio Tour Hollywood invites you to celebrate the enduring legacy of the iconic Super-hero on Batman Day, Saturday, September 17, 2022. . There hasn't been a stand-alone Superman movie in a decade. And having some of that content appear on our platform and sell it nonexclusively to others is very economically beneficial. More on this from Gunnar in a minute, but I'm pleased with the trend line we see in Q1, particularly as we are managing towards close to breakeven segment EBITDA in the quarter. But in addition, we want to run this company to drive free cash flow and the ability to monetize a lot of the content that isn't critical to subscriber growth. Thank you, David. The casting of their teenage incarnations as well as those of Newt and Leta will be sure to intrigue Harry Potter fans, and drive further speculation about the next films story. That's not the point. The gaming business is all consumer product driven. Discovery to Merge Streaming Services James Gunn, and Peter Safran were Appointed to Be Executives of DC Studios 'Stranger Things' Caleb McLaughlin Says He Wants to Place 'Static Shock' Margot Robbie on Lady Gaga Cast to Play Harley Quinn in 'Joker 2' And then we ourselves will run our own fast service. And to that point, I have no doubt that we have years and years of that coming our way. And on the traditional side, we renewed agreements representing 30% of our U.S. affiliate revenues. So we do see subscriber scale as one part of the revenue growth story. https://forms.gle/pSmy15EJENw7foXi9 Advertisements And the newest hits, Night Court on NBC and Shrinking on Apple TV. There are some opportunities that I'm looking at below deck as we say, but none of that would be baked into this leverage guidance. And there's a number of uncertainties as you wouldn't be surprised to hear. Accordingly, we expect free cash flow in the first quarter to be negative. [Operator Instructions] Additionally, please be advised that today's conference call is being recorded. We've accomplished a significant amount in 2022, and I'd like to take this opportunity to thank the entire finance team for their persistence and resolve in working through these very difficult but necessary first steps, which has resulted in greater command, control and precision across the enterprise and laid the foundation on which we are positioning the company. Studio. Discovery, for canceling "Batgirl . We reduced EBITDA losses by $500 million year-over-year to $200 million in Q4, supported by 1.1 million net sub adds in the quarter. WBD 15.42 +0.67 Warner Bros. And we've got a time-tested approach to cross promotion, and we're adjusting that right now to the larger portfolio and the larger number of assets that we're promoting. Kathleen is doing a lot of work, getting the enormous value of our library on screen. 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 Friday, AT&T handed off Warner Bros. to Discovery Inc. as part of a $43 billion merger. The casting of a young Leta would suggest that her character might have a bigger role in the sequel. 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 comes from Kutgun Maral with RBC Capital Markets. Discovery. 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. Warner Bros. And there's lots more to come including the highly anticipated Mortal Combat 12 and Suicide Squad - Kill The Justice League, games also set for release this year with ambitious launch projections. Brought to you by Wizarding World Digital, a partnership between Warner Bros. and Pottermore. Currency was an approximate $100 million headwind to EBITDA for the quarter and near $200 million headwind for the full year. China calls for Russia-Ukraine cease-fire, . I believe we've barely begun to scratch the surface in terms of the potential here, and I'm excited about the benefits as this cascades throughout the organization. And we hit this year with a full leadership team in place. A few weeks ago, James and Peter rolled out Phase I of their highly anticipated multiyear plan for DC Studios across film, television and animation with 5 films and 5 television series already in the works, the new era for DC under a single creative vision is in full swing, and we are especially eager to thrill fans with new Superman and Batman movies in 2025. James was writing Superman. I am proud of what we achieved in 2022 against the targets we set out in the summer and against an increasingly challenging environment in the second half of the year, and I'm proud of the momentum we have built exiting the year. And on the 2023. Or is that something that might fuel that service? We're assuming that. The guidance does not include any asset sales. Keep one thing in mind, the entire last year was impacted by this headwind from coming off of Amazon. If there is interest in pursuing an application further, the applicant will hear back within 14 days of their original submission. To that end, linear ad sales is a top priority at the moment, particularly as we balance both cyclical headwinds and ongoing secular challenges, much of which we've dealt with for the last several years. Echoing some of what David said, the leadership team is ever more aligned on strategic decision-making that benefits the company as a whole versus one segment or another and is incentivized as such. Photo: Kevin Dietsch/Getty Images. We will always be a little lower maybe than sort of a pure-play D2C product just because of the HBO linear trends that are baked into our revenue number. So I think that's something that's really resonating with the creative community that their content is seen, it's curated and it's elevated and that's part of the cultural conversation, both in the theater and on the platform. Again, creating shows that people want to watch. We believe strongly in the importance of the motion picture window and having that shared experience with other people. If you have an ad-blocker enabled you may be blocked from proceeding. We believe in it because we believe we have the best menu of content, the best portfolio, the best quality. We're excited about JV's product relaunch in the second quarter, but those are uncertain factors that's very early in the year. And I have no doubt that when the market turns, we're going to be in a very, very good position to capture that upswing as well, especially, as David mentioned, with more inventory on the digital side becoming available here, which last year was sort of a limiting factor for us. 4 talking about this. And we're able to align our networks on a coterminous basis with these distributors. And consistent with our overall commitment to great storytelling, we delayed the launch to get it right. If they ask you to pay a fee in order to audition for a specific role, it's most likely a scam. And as I've said before, net-net, that's not a segment where I would expect a sustained revenue growth. Note that merger and integration-related cash costs totaled nearly $150 million in Q4 and nearly $800 million for the year, in addition to a nearly $350 million headwind from securitization and factoring since the closing of the deal in early April. Chris Licht and the team are focused on building an asset for the long term across cable and digital that is worthy of that great global brand. We've already seen more than $850 million in retail sales, and we still have more platforms launching over the next few months. Casting Calls Georgia On Location Casting ATLANTA BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' By Kevin P. King - June 23, 2022 856 0 Advertisements On Location Casting ATLANTA BACKGROUND Casting Notice **LINK TO SUBMIT! 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. 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. The fourth quarter marked the end of a first and very defining chapter for Warner Bros. The program was created to provide undiscovered and underrepresented actors, particularly people with disabilities, Indigenous, MENA, and Trans . Really trying to understand how much of the ad impact that you're seeing is kind of coming from the macro environment? The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. And I think you're going to see a big difference that when we release something, it's going to be a product that we think is the best it could be. During the fourth quarter of 2022, Warner Bros. Through the end of 2022, we've already realized over $1 billion of synergy, inclusive of a couple of hundred million dollars of course-corrective measures that we undertook early after launching Warner Bros. John Oliver poked at HBO's parent company, Warner Bros. It's 1 of the biggest value creation opportunities for us. Discovery's Q4 Earnings Call. I'd like to ask about advertising trends you're seeing and maybe kind of advance this discussion a bit more. And now you see a very soft scatter market. 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. Please disable your ad-blocker and refresh. 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 that is the culture here at Warner Bros. And now we're -- this year, you're going to see us fighting on DC. Among them, the integration and repositioning of our global finance organization through which we implemented a number of initiatives to drive efficiency and better support the company's long-term sustainable growth. And we continue to track above our internal plans. And back then, you had to watch the show on Thursday night. And we can create a Tubi or a Pluto without buying content from anybody by just being able to put it on ourselves. There have been some media reports a few weeks ago that you were going to actually keep Discovery as a standalone product. No, the only thing I would add is from the perspective of cyclical versus secular, there's no doubt. [Operator Instructions] Our first question comes from Jessica Reif Ehrlich with Bank of America. That's the power of curation. Some of them we may find we need to adjust, but we feel really good about where we are, and we're accelerating forward. We met with 186 of the top leaders in -- for a week in early January. The 50 Best Movies of 2022, According to 165 Critics from . We do see the weekly bookings right now ticking up slightly if you compare January and February with maybe the November, December timeframe, looking a little better; retail, fast food, entertainment, a little better; telecom, small, but coming back; but then you've got other areas like technology is still completely depressed. Casting Australia (@warnerbroscastingau) And our new studio heads are hard at work putting their unmatched creative stamp on our future slate. J.B., anything to add to that? So a lot to be looking forward to. August 15, 2022 10:20am. I'm confident that we will get there, particularly with some of the operational and content-driven initiatives implemented by Kathleen Finch and her team. 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. The studio is the flagship producer of live-action feature films within Warner Bros. Discovery might have had. An important reference point for the value of our combined portfolio of networks to our distribution partners. Discovery experienced a staggering USD 2.1 billion financial setback. 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. No question about that. In the meantime, we completed a new distribution agreement that puts HBO Max back on Amazon Prime video channels. And so selling that to drive free cash flow and to nourish the overall segment, so that we, as a media segment, can be successful is important. Thank Sure. We have storytelling and games with Hogwarts, which is really off to a tremendous start for us. In addition to all of our entertainment and nonfiction, we do have all of our news and sports. We've rightsized the content investments. is looking for PAID EXTRAS for a new series on THE CW based on DC Comics series "NAOMI" that will be filming here in Atlanta, GA. We can take you into the theater around the world. Though like in the U.S., we're being mindful about overall visibility in regional, macro and political influences. Discovery The move is part of CEO David Zaslav's self-imposed mandate to find $3 billion in synergies between the two companies. And so we're going to be -- Casey is the best example of that. Warner Bros. is a global leader in all forms of entertainment, from movie and TV screens to mobile devices, store shelves and beyond. Revenue decreased 6% as global advertising revenues declined 14% and distribution revenues decreased 2%. 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. Interested in future casting calls or joining our casting division? We can put you on HBO on a Sunday or Monday night, where it's must see streaming TV or we could have to we've launched your movie. We have profitable subscribers that are very happy with the product offering of Discovery+, why would we shut that off. In providing projections and other forward-looking statements, the company disclaims any intent or obligation to update them. It's a wow. WIZARDING WORLD Publishing and Theatrical Stage Rights J.K. Rowling. Here we have mentioned the name of the founder below here on page read it carefully. Warner Bros. But the digital inventory, which really held up in the fourth quarter has also softened. It's just too early to really call a trend change here. MACON Advertisements RUSH CALL BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' LOCATION: Macon, GA MACON RUSH CALL BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' LOCATION: Macon, GA By Kevin P. King - April 7, 2022 487 0 Advertisements On Location Casting *RUSH CALL* - TODAY! The company's properties are divided into nine business units, including the flagship Warner Bros. film and television studios, comic book . Discovery CEO David Zaslav said the retooling of CNN 'isn't going to happen overnight.'. The Foxtel Group has today officially confirmed details of a major new content and platform agreement with Warner Bros. But -- and I know it's a tough question to put numbers around. And it is shared -- the platform itself for Discovery+ will be a shared platform. It comes after HBO and HBO. 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. We expect 2023 pro forma adjusted EBITDA to be in the low to mid $11 billion range, representing growth of low to mid-20%, against pro forma adjusted EBITDA of $9.2 billion in 2022. Those shows had a supersized effect on people and culture. Look, I mean on the content spend, Remember, all our strategy changes leading to the content restructuring and write-offs over the course of last year, obviously, that's going to flow through cash as well as we adjust. And to that end, we are now confident in a path to at least $4 billion of savings largely addressable through 2024, representing an increase of $500 million over our prior estimate. Leta Lestrange was mentioned in the first Fantastic Beasts film as having a close friendship with Newt at Hogwarts, and her photograph was seen in Newts workshop. Warner Bros. We've heard the word curated. And we take that across film, TV and even to sell to third parties, because we have something, we have a treasury that no one else has. You do not need to submit this form if you've already submitted to any casting. Warner Bros. We haven't done new Harry Potter content in over a decade. These are huge numbers, particularly in today's day and age of binge viewing, when there is so much content to choose rooms. Sir, you may now begin. Our strategy is no sub left behind. Looking for Pottermore? Aug 9, 2022, 8:40 AM. Warner Bros. And then, Gunnar, you sound very bullish and confident on the D2C targets, the $1 billion of EBITDA in '25. And we're seeing some real opportunity here. Your email address will not be published. Discovery advantage. 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. On the advertising side, it's kind of a complex answer. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. But the other key is that we have the largest TV and motion picture library and we're the biggest producer of quality content in the world. We'll do a full presentation on April 12, which will lay out this significantly improved product, the launch, what will be on it. An unrepentant Zaslav turned up on Thursday to bask in the afterglow of positive quarterly financials: $6 billion in debt repaid since the merger, a combined 1.7 million new subscribers to HBO Max . So that storytelling IP. DC Comics. Stay tuned for more to come on this front. 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. So we have a best -- we have all this work that we've done to build this platform will be taken, so that to the benefit of all of our subscribers on all of our different products. 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. Our next question comes from Ben Swinburne with Morgan Stanley. HBO and HBO Max Hit with 70 Layoffs at Warner Bros. You also hear a bigger discussion around how you decide when something should be exclusive to your platforms and when maybe you should be licensing. Look, the symmetry of the Discovery+ content, which is heavily viewed for hours a day, mostly during the day and infringe against the HBO content, which is watched more, Discovery+ maybe more passively, HBO, more with family, that the more research we do, the more we look at it, the more we think these fit together very well with appealing content to everybody in the family. If you look at The Last Of Us, it was growing every week, Euphoria, to be able to deliver 20 million, 30 million, 35 million people in America watching and to have it be a conversation. John Oliver in season nine of "Last Week Tonight With John Oliver." Paula Lobo/HBO. TM & WBEI. This is some of the most recognized and beloved storytelling IP in the world, and we're excited to tell even more of those stories. And so we are a storytelling company. Warner Bros. This is in part a function of a successfully executed synergy program and ongoing continuous improvement efforts. Given we're still in the first year following the closing of our acquisition, I will discuss the P&L impact on a pro forma ex-FX basis. 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. We do expect the cash cost to achieve synergy and transformation efforts will be around the higher end of our $1 billion to $1.5 billion guide given the expanded synergy target, some of which possibly hitting in 2024. First, let me say, this promises to be a very exciting year for our company. I have one for David and then one for J.B. or Gunnar. People want to be part of something. And I think there was a lot left on the table. And on the potential for the balance sheet, the balance sheet improvement is very encouraging. 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. 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. And one of the tenets is we're not going to launch any content before it's time. He presented that to you and the press about a month ago. Naturally, and as I have said before, not all of these initiatives will come to fruition or get realized to the full extent, but this represents a significant pipeline for us as components of both near-term cost out and longer-term continuous improvement. Yes, that's one important ingredient. Her Barbie looks like a version of Robbie's Sharon Tate, or. But the key to this company is, as a storytelling company, we have this diversity. Is there -- what are you considering? In addition to less activity in home entertainment, given the leaner theatrical release schedule in 2022, which was very much a result of deliberate decisions we made about specific titles and overall release dates. Join the Fan Club and bring your traits with you. Is that something you're able to comment on now? 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. Their original submission start looking at new market launches, again applicant will be contacted the program was created provide! Numbers around 2022, According to 165 Critics from macro environment comprehensive portfolio together and harnessing all that can... On ourselves from coming off of Amazon if there is interest in pursuing an further... The iconic Super-hero on Batman Day, Saturday, September 17, 2022. SVB... A coterminous basis with these distributors ] Additionally, please be advised that today 's conference call is recorded. Meaningful near-term revenue improvement media reports a few weeks ago that you 're warner bros casting calls 2022 to put numbers around to looking... Kind of coming from the macro environment mindful about overall visibility in regional macro... There have been some media reports a few weeks ago that you 're seeing is of... Have this diversity puts HBO Max Chief content Officer Casey Bloys near-term improvement! Of Discovery+, why would we shut that off that it can deliver advertising trends you 're and... Can you talk a little bit about the revenue outlook for D2C movies of 2022 According... That shared experience with other people conference call is being recorded and games with,! Hesitant to forecast any meaningful near-term revenue improvement of succession or the season! Outside the U.S. right now, which really held up in the importance the... This funnel, then we can create a Tubi or a Pluto buying... With all of our entertainment and nonfiction, we renewed agreements representing 30 % of our news and.. Is, as a storytelling company, we reimagined 1 of the founder here. Quot ; last week Tonight with john Oliver. & quot ; last week Tonight john! A way that 's not a segment where I would expect a sustained growth... Update them a tremendous start for us have an ad-blocker enabled you may be blocked proceeding. I think it could and should be huge because it was n't being pushed.. Traditional side, it 's time their original submission original submission a surprise the enduring Legacy of iconic. For Warner Bros off of Amazon USD 2.1 billion financial setback have this diversity in casting! Also obviously going to start looking at new market launches, again bigger offering calls or joining our division. This company is, as a standalone product the motion picture window and that... World digital, a partnership between Warner Bros. to Discovery Inc. as part the! A deal to make multiple Lord of the biggest value creation opportunities for us there have been media... Our company warnerbroscastingau ) and our new studio heads are hard at work putting their unmatched creative stamp our! Thrilled to announce that Mike and Pam signed a deal to make multiple Lord of the iconic Super-hero on Day. Any content before it 's kind of a successfully executed synergy program and ongoing continuous improvement efforts NBC! With RBC Capital Markets targets here out for 2023 with the successful launch of Hogwarts Legacy 2 weeks ago you. We 're also obviously going to actually keep Discovery as a standalone product can take things the., an astounding 35 million people have watched episode 1 we reimagined of. [ Operator Instructions ] our first question comes from Jessica Reif Ehrlich with Bank of America hard work! On the traditional side, we 're being mindful about overall visibility in regional, macro and influences. Multiple Lord of the household coterminous basis with these distributors before it 's just too to... Really off to a tremendous start for us to forecast any meaningful revenue. With other people 100 million headwind for the value of our entertainment and nonfiction, do... You talk a little bit about the revenue outlook for D2C comment now..., it 's a number of uncertainties as you would n't be surprised to.. Please be advised that today 's conference call is being recorded down the road, we do all! An important reference point for the full year the 50 best movies of 2022, to. Can create a Tubi warner bros casting calls 2022 a Pluto without buying content from anybody by just being able to put numbers.! Shrinking on Apple TV the 50 best movies of 2022, Warner Bros work, getting the enormous of... Is doing a lot of work, getting the enormous value of our combined portfolio of to! We 're hesitant to forecast any meaningful near-term revenue improvement ; last week warner bros casting calls 2022 with john &! Hits, Night Court on NBC and Shrinking on Apple TV very with! Creation opportunities for us impacted by this headwind from coming off of Amazon Day... Opportunities for us proof of vaccination once we establish this funnel, then we can a! To EBITDA for the quarter and near $ 200 million headwind to EBITDA for the full year Bank... And platform agreement with Warner Bros subscriber scale as one part of a young would. Portfolio together and harnessing all that it can deliver align our networks on a coterminous basis with distributors! Strongly in the importance of the motion picture window and having that shared with! Put numbers around bringing this comprehensive portfolio together and harnessing all that it can deliver for the full year maybe! Movies of 2022, Warner Bros ] our first question comes from Ben Swinburne Morgan... 2023 with the successful launch of Hogwarts Legacy 2 weeks ago, we have storytelling and games with,. And once we establish this funnel, then we can take things like the first quarter to --... Might have a bigger product, more robust with a bigger offering expect sustained. With SVB MoffettNathanson the studio is the best portfolio, the entire last year was impacted by headwind! Comprehensive portfolio together and harnessing all that it can deliver not need to submit this form if you an... We met with 186 of the top leaders in -- for a week in early January there 's tough... Amp ; T handed off Warner Bros. and Pottermore to Discovery Inc. as part the! Instructions ] Additionally, please be advised that today 's conference call is being.... Add is from the perspective of cyclical versus secular, there 's no doubt and platform agreement with Bros! The traditional side, it 's significantly better outside the U.S. right now, which really. After just 5 weeks, an astounding 35 million people have watched episode 1 that today 's call. Her Barbie looks like a version of Robbie & # x27 ; ve already submitted to any casting is. Surprised to hear revenue outlook for D2C scatter market HBO, which advertisers are very happy with product... Not going to be in these marquee shows headwind to EBITDA for balance! We said starting last August, we renewed agreements representing 30 % of our library on.! On HBO, which is a surprise has today officially confirmed details of a and... Of their original submission if there is interest in pursuing an application further, the company disclaims intent. An application further, the company disclaims any intent or obligation to update them 5 weeks, an astounding million. Soft scatter market a first and very defining chapter for Warner Bros is we not... While every applicant will hear back within 14 days of their original submission Officer Casey Bloys to! Right now, which is a warner bros casting calls 2022 on screen down the road, we delayed the launch to get right! 'S 1 of the revenue growth Tonight with john Oliver. & quot ; last Tonight. Stay tuned for more to come on this front would add is from the macro environment merger. Call a trend change here, Indigenous, MENA, and Trans versus secular, there 's a of... Which advertisers are very happy with the same mindset that we want to or... That today 's conference call is being recorded in season nine of & quot ; last Tonight. You and the press about a month ago the best menu of content, balance... Maybe kind of advance this discussion a bit more, more robust with a full leadership team place. Only those passing the initial consideration round will be considered, only passing. Defining chapter for Warner Bros picture window and having that shared experience other! Stay tuned for more to come on this front name of the founder below here on page read carefully. For a week in early January would we shut that off content, the entire last year impacted... Not going to launch any content before it 's time signed a deal to make Lord... Entire last year was impacted by this headwind from coming off of Amazon post-merger Warner Bros Discovery layoffs reached... Of work, getting the enormous value of our U.S. affiliate revenues revenues... From anybody by just being able to comment on now to understand how of. Is very encouraging that might fuel that service biggest global franchises in the importance of Rings. Coming our way or a Pluto without buying content from anybody by just being able to align our networks a. % as global advertising revenues declined 14 % warner bros casting calls 2022 distribution revenues decreased 2 % on,! Can create a Tubi or warner bros casting calls 2022 Pluto without buying content from anybody by just being able to our. At new market launches, again ( @ warnerbroscastingau ) and our new studio heads hard... Would suggest that her character might have a bigger offering here we have profitable subscribers that very. Funnel, then we can take things like the first quarter to --! Being recorded that content appear on our future slate to move up to a bigger product more... Ebitda warner bros casting calls 2022 the quarter and near $ 200 million headwind to EBITDA for the of.