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WarnerMedia & Discovery Merger: Everything You Need To Know About Warner Bros. Discovery

You’ve likely heard about WarnerMedia and Discovery merging, and while the merger is just about official, as it closed over the weekend. We still don’t know everything about what to expect from this combined company – which is being called Warner Bros Discovery. WarnerMedia and Discovery announced this merger almost a year ago, which would combine HBO MAX and Discovery+. That would make it the second largest streaming service behind Netflix. AT&T sold WarnerMedia, as part of its ongoing efforts to get out of the…

Warner Bros. Wants To Shift Away From “Volatile” AAA Console Games, Lean Into Free-To-Play And Mobile

During a recent Morgan Stanley speaking event, Warner Bros. Discovery gaming boss J.B. Perrette discussed some of the company's strategy for gaming going forward, and it includes more live-service, mobile, and free-to-play games.He said, "We're doubling down on games as an area where we think there is a lot more growth opportunity that we can tap into with the IP that we have and some of the capabilities we have on the studio where we're uniquely positioned as both a publisher and a developer of…

Warner Bros. Discovery halts Paramount Global merger talks

President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.Michael M. Santiago | Getty ImagesWarner Bros. Discovery has gone "pencils down" on a potential acquisition of Paramount Global, halting talks after several months of kicking the tires on merging the media companies, according to people familiar with the matter.Skydance Media, the film and TV studio run by David Ellison, is still performing due diligence on a potential…

Can Warner Bros. Uncancel J.K. Rowling?

The studio’s new boss, David Zaslav, sees his mission as salvaging a rocky relationship with the creator of Harry Potter. The studio’s new boss, David Zaslav, sees his mission as salvaging a rocky relationship with the creator of Harry Potter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Suicide Squad: Kill The Justice League Has “Fallen Short” Of Expectations, Warner Bros. Discovery Says

In a financial call, Warner Bros. Discovery said that Suicide Squad: Kill the Justice League "has fallen short of our expectations" since it launched at the start of February. Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels didn't mention any sales figures for the game, but he did add (via IGN) that the company's game division is going to be in for a "tough year" when it's compared to 2023 and the blockbuster success of Hogwarts Legacy.Compared to the Potterverse game, which was the…

Kill the Justice League fell short of Warner Bros.’ expectations

The hits keep coming and they don’t stop coming for Rocksteady as its parent company, Warner Bros. Games, is disappointed in the performance of Suicide Squad: Kill the Justice League. Like a poorly made macaroni picture, it looks like this one isn’t going up on the fridge. Warner Bros. Discovery CFO Gunnar Wiedenfels spoke on the 4th Quarter 2023 Earnings Webcast regarding Suicide Squad: Kill the Justice League. “This year, Suicide Squad, one of our key videogame releases in 2024, has fallen short of our expectations…

Warner Bros. Discovery hypes free cash flow. Investors don’t buy it

The "Bobs" from the film Office SpaceSource: 20th Century Fox | YouTubeListening to Warner Bros. Discovery Chief Executive Officer David Zaslav speak on Friday's fourth-quarter earnings calls, I couldn't help but think of a scene in the movie "Office Space."An employee named Tom meets with two consultants, both named Bob (together, The Bobs), who have been tasked with deciding which employees at the company should be promoted or fired.When The Bobs press Tom on what he does at the company after they don't initially…

Kill The Justice League’ hasn’t met Warner Bros. expectations

Warner Bros. has said the release of Rocksteady’s Suicide Squad: Kill The Justice League has not met their expectations. Speaking during a recent financial call , Warner Bros. Discovery’s chief financial officer Gunnar Wiedenfels said Suicide Squad: Kill The Justice League had “fallen short of our expectations.” While Wiedenfels didn’t reveal any specific sales figures, he claimed the “key release” had left the company facing a “tough year” when compared to the success of 2023, which saw the release of both Hogwarts…

Warner Bros. Discovery (WBD) earnings Q4 2023

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023.Alyssa Pointer | ReutersWarner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter but boosted free cash flow as its streaming service Max ended 2023 profitable for the first time.Shares of Warner Bros. Discovery fell about 1% in premarket trading Friday…

Tom Cruise teams up with Alejandro G. Iñárritu’s secret collab with Warner Bros | Hollywood

Hollywood icon Tom Cruise is set to headline the upcoming cinematic extravaganza helmed by acclaimed filmmaker Alejandro G. Iñárritu, marking a major collaboration between two powerhouse talents in the industry. The eagerly anticipated project, which is reportedly in development under the banners of Warner Bros. and Legendary Pictures, has already generated considerable buzz among movie enthusiasts and industry insiders alike. This will mark Alejandro’s first English 2015 smash The Revenant. Tom Cruise as Jack…