In another maneuver by the David Zaslav-run Warner Bros Discovery to kill movies, we hear on very good authority that Warner Bros will not be releasing the live-action/animated hybrid Coyote vs. Acme with the conglom taking an estimated $30M write-down on the $70M production. We understand the writedown for the pic was applied to the
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Warner Bros. Discovery’s third quarter was mixed with ‘Barbie’ coin and free cash flow beloved by Wall Street offset by sluggish advertising and the impact of the actors’ strike on the one of the industry’s biggest content creators. Streaming, which turned profitable in the first quarter ahead of most rivals, but lost $3 million in
Big media shares, which rose in pre-market trading Monday, opened lower at the bell and are still trending down midday after the Writers Guild reached a tentative deal with studios to end their prolonged strike. Renewed market jitters over inflation, interest rates and a potential government shutdown appeared to have offset relief that Hollywood is
“Barbie is really important for us,” beamed Warner Bros. Discovery CEO David Zaslav on the conglom’s Q2 earnings call about what will be the first pic to hit $1 billion under his reign. In celebrating the pic’s success, he indicated that the movie would hit streaming service Max in the fall. However, on a long
EXCLUSIVE: Deadline has learned that Warner Bros Discovery CEO and President, David Zaslav, will be teeing off Warner Bros studio presentation at CinemaCon on Tuesday AM, April 25. While it’s standard for the heads of motion picture studio divisions, read Sony’s Tom Rothman, Universal’s Donna Langley, and former Warner Bros chief Toby Emmerich to share
In the near future, it’s pretty simple what the new Warner Bros Discovery will zero in on: “We’re going to have a real focus on franchises,” President and CEO David Zaslav said on this afternoon’s Q3 earnings call. RELATED: Warner Bros Discovery Q3 Earnings: Deadline’s Full Coverage “We haven’t had a Superman movie in 13
After a near month of mudslinging behind the scenes drama for Don’t Worry Darling which hovered around its Venice Film Festival world premiere, the sophomore feature directorial from Olivia Wilde finally opens in 4,000 theaters. However, Warner Bros. need not sweat the tabloid headlines. No, all of that has only made this Florence Pugh, Harry
In a complete about-face from the business strategy employed by former WarnerMedia CEO Jason Kilar, Warner Bros. Discovery boss David Zaslav made it firm today that the new merged entertainment conglomerate “will fully embrace theatrical.” Period. “We have a different view on the wisdom of releasing direct-to-streaming films, and we have taken some aggressive steps