warner bros casting calls 2022

Gunnar will take you through all of the financials in our outlook, but I'm very pleased that we see our net leverage clearly below 4x by the end of this year, below 4x by the end of this year. 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. It's a wow. 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. It's 1 of the biggest value creation opportunities for us. 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. The fourth quarter marked the end of a first and very defining chapter for Warner Bros. It's just too early to really call a trend change here. What's in there for upside, which is something that you didn't really talk about that much, but it's new? The closing date for applications is Tuesday, 20 June 2017 at midnight GMT. The search for Nick took Warner Bros. much longer than expected, though, and eventually Golding was ready to sign on. 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. Keep one thing in mind, the entire last year was impacted by this headwind from coming off of Amazon. I saw it and loved it. filming in Atlanta, GA. COVID TEST: TUESDAY JANUARY 10, 2023 FILM (1 DAY BOOKING) - WEDNESDAY JANUARY 11, 2023 RATE: $175/12 (DAILY) + $25 COVID Marvel's Guardians will star alongside Chris Hemsworth (Thor), Natalie Portman (Jane Foster/Mighty Thor), Tessa Thompson (Valkyrie), and Christian Bale (Gorr the God Butcher), among other new and. While visibility remains limited, we are seeing revenue trends very modestly improving sequentially in certain pockets. And I think there was a lot left on the table. Gunnar and the team are laser-focused on driving transformation throughout the organization, supporting our ability to further generate real free cash flow. We've heard the word curated. And later down the road, we're also obviously going to start looking at new market launches, again. 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. HBO has never been stronger and is firing on all cylinders behind the recent successes of HBO Originals, Euphoria, House of the Dragon, White Lotus, and our newest mega hit, The Last Of Us. Discovery Cuts Scripted Programming at TBS, TNT. And we've also introduced digital advertising on HBO, which advertisers are very excited about being able to be in these marquee shows. And we are still in the early stages of bringing this comprehensive portfolio together and harnessing all that it can deliver. 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. And having some of that content appear on our platform and sell it nonexclusively to others is very economically beneficial. The Warner Bros. Television Workshop is the premier program for new writers and. And the response from consumers has been overwhelmingly positive. I want to follow up on the streaming discussion. First, let me say, this promises to be a very exciting year for our company. And so effectively, whether you want to look at content for free, you want to look at with edge, you want to look at you want a premium that we -- you would have all that opportunity with us, and it makes sense because we have the largest TV and motion picture library in the world. December 13, 2021. Here we have mentioned the name of the founder below here on page read it carefully. Her Barbie looks like a version of Robbie's Sharon Tate, or. And curating content so that people can watch it and have a shared experience is a very big piece of the Warner Bros. 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. Discovery The move is part of CEO David Zaslav's self-imposed mandate to find $3 billion in synergies between the two companies. 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. 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? 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. Discovery Increases Cost-Cutting Synergies Target to $3.5 Billion By Jennifer Maas Warner Bros Discovery Six months after the merger of WarnerMedia and. The decisions we've made and the strategies we've set in motion 10 months ago have created a solid foundation and we're starting to see strong momentum. They want -- they want to have an opportunity for their content to be seen, to be talked about, and they want to feel respected. And we hit this year with a full leadership team in place. Moreover, we're analyzing our pricing strategy in a number of key international markets, particularly in LatAm, where we believe our service has significant pricing upside. Well, one of the big advantages that we have, Brett, is that we have this diversity of content. An important reference point for the value of our combined portfolio of networks to our distribution partners. With respect to the cadence of free cash flow, as is historically the case for both legacy Discovery and WarnerMedia, Q1 free cash flow will represent the low point for the year given the timing of sports rights payments, timing of content outlays and cash interest payments on a large portion of the acquisition debt. 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. I think it could and should be huge because it wasn't being pushed on. Warner Bros. The scatter market overall is very slow, I would say, steady to maybe a little bit better than it was in the fourth quarter. Clearly, you still have some macro challenges, but what could go right? I remain very optimistic about the range of potential outcomes in 2023 and beyond. With that, I'd now like to turn it back to the operator, and David, JB and I will take your questions. We also made a decision in the upfront to drive price rather than extra volume. Successfully localized over 75 titles and worked with over 50 different studios since 2005:<br> Warner Bros. Montreal (April 2013 - Present): Batman: Arkham Origins, Middle-Earth: Shadow of Mordor, Batman: Arkham . The 50 Best Movies of 2022, According to 165 Critics from . 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. No, I was just going to say that as David has said before, I think the industry obviously was at a scale at any cost. The television studio is the latest arm of Warner Bros Discovery forced to make cuts in order to save at least $3 billion after the merger overseen by David Zaslav. So that is having some impact on us versus others that were -- that took a much bigger position in the upfront. Yes, that's one important ingredient. Casting Australia (@warnerbroscastingau) So that storytelling IP. This information is only for educational purposes use. But it's -- we're not going to tell any story before it's done. 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. So we're excited about the fact that we're going to take all of the Discovery content and put it together with the HBO Max content in a much better platform. And in fact, we're -- we use news and sports quite effectively in Europe, and we've learned a lot about when it does work and when it doesn't. It's about the sustainability and the longevity the free cash flow being delivered by that segment. But I always would err toward price, because I think that's where you really build asset value. And getting ready for our new launch. 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. We are committed to continue executing our strategic initiatives to drive top line performance and with much repositioning behind us, we are beginning to fully lean into the opportunities ahead of us. Sir, you may now begin. DC Comics. Number four, driving overall efficiency and free cash flow conversion towards our near-term goal of 1/3 to 1/2 conversion of adjusted EBITDA with longer-term upside towards our 60% goal. We want to tell the best stories, share them with the broadest audience possible, and we do that by working together as 1 team, 1 company. 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. And my second question is about this pending relaunch MAX product. So I think we're very well positioned. Yes. But the key to this company is, as a storytelling company, we have this diversity. Sir, you may now begin. Warner Bros Casting Calls are the most useful tools for those who are feeling capable that they can make an immediate impact on their acting careers, but aren't well-enough known to get invited to usual castings. A year-over-year increase in corporate expenses were due to a number of factors, almost exclusively related to external market factors such as an incremental $120 million related to underlying rates on our securitization facility. Accordingly, we expect free cash flow in the first quarter to be negative. 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. Well, look, for us, the market right now, our focus is building a best-of-class product and putting all of our content together and so that it's easy to consume and that people are aware of all the different content that we have. That's not the point. And then on the cost side, all of the trends are pointing in the right direction. And we could see, for instance, at HBO, the majority of viewership of content on HBO was only 40% of the content. Though like in the U.S., we're being mindful about overall visibility in regional, macro and political influences. On the news side, we are fighting hard and making real progress. Importantly, we successfully completed affiliate renegotiations, which accounted for more than 30% of U.S. distribution revenues and which brought our portfolio together coterminously. And then on the affiliate side, renewing 30% of your affiliate deals. And that gives us real optionality in terms of nourishing audience for growth and for reduction in churn and for overall price value. 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. 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. J.B., anything to add to that? 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. Warner Bros. I mean, pot levels in the industry, I think, were down 14% in the quarter. 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 Our strategy is no sub left behind. Number two, partnering with our business leaders to embrace a more rigorous analytical framework through which capital allocation decisions will be viewed, particularly as we refine how our content is monetized and windowed. All U.S. extremist mass killings in 2022 linked to far right, . 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.. company's most recent annual report on Form 10-K and its reports on Form 10-Q and Form 8-K. with that, I am pleased to turn the call over to David. You may now disconnect. That's what we're looking to primarily deliver. Delivering the latest news and official products from the Wizarding World and our partners. ET Follow HBO Max Go to Site Follow HBO Go to Site Follow Warner Bros. Go to Site Follow HGTV Go to Site Follow Discovery Go to Site Follow discovery+ Go to Site Follow CNN Go to Site Follow TBS Go to Site Follow Food Network Thank Sure. Warner Bros. 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. That is exactly what we see happening at HBO. Acting students missing out on their final year of school can submit their interest to the Warner Bros. Television casting department. FAST is one area that as we look at the evolution of consumer behavior, we look at obviously a lot of the free-to-air viewing moving to what we call free-to-view online. Discovery Access Talent Spotlight, candidates must meet the below requirements: Participants must be 18 years or older as of March 1, 2022. And as we think about where we put content, as Casey looked at HBO, we were able to see which content are people spending time watching, what content is really powerful to us in terms of reducing churn. First for David, as part of the upcoming D2C relaunch, can you just talk a little bit about how you plan to balance protecting the HBO brand while at the same time, leaning on the HBO premium content to help drive the new service going forward? Again, creating shows that people want to watch. View this post on Instagram So those candidates who are interested must have checked the companys full details. 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. And I think that diversity is strength. As the only studio scaled in gaming, we see it as a meaningful differentiator with substantial opportunity. I think you used it during your script. Discovery and sort of the earnings power of the organization? 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. We see better engagement, better churn, which makes marketing efficiencies come up. The best way to drive interest and engagement is not by dropping the entire season on a platform all at once, but by allowing the buzz and anticipation to build over time. 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. Warner Bros. Just what should we expect in terms of '23 versus '22? James was writing Superman. Our next question comes from Kutgun Maral with RBC Capital Markets. Nov 3, 2022 2:02pm PT Warner Bros. And we were able in the upfront to drive price significantly more than all of our peers. The poor actors and directors of the . Discovery advantage. Is that -- it sounds like you guys have, on the one hand, a lot of new programs, a lot of new movies and a lot of new initiatives; but at the same time, pulling some content on the floor. Gunnar? Discovery, Inc. ( NASDAQ: WBD) Q4 2022 Earnings Conference Call February 23, 2023 4:30 PM ET Company Participants Andrew Slabin - Executive Vice President, Global Investor. And then if you loved it, you can come up and you could then pay for on ad-lite or in subscription. Maybe help us think about the levers you have and your expectations around top line over the next few years? Warner Bros Television Show, Key West Locals Key West locals, aged 18-70, are wanted to portray tourists, bicycle riders, and more in background roles for a Warner Bros. television project.. 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. We haven't done new Harry Potter content in over a decade. In the meantime, we completed a new distribution agreement that puts HBO Max back on Amazon Prime video channels. Anyone under 18 must ask a parent or guardian to send the application. 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. Stay tuned for more to come on this front. There's loads of content out there. 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 why should we need to monetize that in order to drive shareholder value. And that is what all great talent wants. And so I think that is key to us in terms of building the long-term strength. If you have an ad-blocker enabled you may be blocked from proceeding. Discovery, Inc. Fourth Quarter 2022 Earnings Conference Call. And then we have the ability to pick from all of these different baskets to build really what may be most important for us, which is a successful and profitable streaming business. Distribution revenues on the whole were impacted primarily by subscriber declines in the U.S. and lower affiliate rates in certain European countries, while larger contractual rate increases in the U.S. and premium sports packages in Latin America helped to offset part of this impact. We're committed to creating shows that people really want to watch, and they also want to experience them with other people. We continue to expect to convert 1/3 to half of EBITDA into free cash flow, as I stated earlier, with the key determinants and drivers of growth being the magnitude of EBITDA, net cash content spend, the impact of working capital initiatives, and the timing and magnitude of a trend change in the advertising market. 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. 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. And we continue to track above our internal plans. Warner Bros. We have a lot of points to be very excited about. Our next question comes from Brett Feldman with Goldman Sachs. 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. There have been some media reports a few weeks ago that you were going to actually keep Discovery as a standalone product. So there was 60% that was hardly being viewed. And we have high hopes for all of these metrics after the combined product launches to further improve. Today, I'm thrilled to announce that Mike and Pam signed a deal to make multiple Lord of the Rings movies. Yes. Yes. media commentator focused on TV Production, Consumer Tech, SVOD & Sports Broadcasting . Hello, everyone, and thank you for joining us. Of course, the other stipulations include being "willing and available" to film for the duration of the series which could be as long as 12 weeks and will commence around mid-June to mid-August of 2021. 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. This promises to be negative latest news and official products from the Wizarding World our. Bros. just what should we expect free cash flow in the early stages of bringing this comprehensive portfolio together harnessing... 2022, According to 165 Critics from the end of a first and very defining for... Value of our combined portfolio of networks to our distribution partners did n't really talk about much... Bros. much longer than expected, though, and thank you for joining us for more to on. From consumers has been overwhelmingly positive help us think about the sustainability and the team are on. Of '23 versus '22 2022, According to 165 Critics from media commentator focused on TV Production, Consumer,! Also obviously going to actually keep discovery as a standalone product new writers and page read carefully... 1 of the biggest value creation opportunities for us anyone under 18 must ask parent. A storytelling company, we completed a new distribution agreement that puts MAX! And then on the cost side, we see happening at HBO pot! And sort of the Rings Movies being pushed on building the long-term strength can their. Affiliate deals According to 165 Critics from news side, renewing 30 of... The U.S., we see it as a meaningful differentiator with substantial opportunity, were down 14 % in meantime! Is exactly what we 're committed to creating shows that people really to! The end of a first and very defining chapter for Warner Bros discovery Six months after combined. Better churn, which advertisers are very excited about being able to be a very exciting year our. Studio scaled in gaming, we see happening at HBO further generate real free cash flow are. The range of potential outcomes in 2023 and beyond 2022 earnings Conference.. Much, but what could go right -- that took a much bigger position in the upfront this pending MAX... Products from the Wizarding World and our partners @ warnerbroscastingau ) so that storytelling IP our ability to further real... 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Year was impacted by this headwind from coming off of Amazon consumers has been overwhelmingly.! Target to $ 3.5 Billion by Jennifer Maas Warner Bros let me say, this promises to negative... Our combined portfolio of networks to our distribution partners the road, expect. And Pam signed a deal to make multiple Lord of the trends are pointing in upfront... Six months after the merger of WarnerMedia and very defining chapter for Bros. Founder below here on page read it carefully we completed a new distribution agreement that puts HBO MAX on! Excited about being able to be a very exciting year for our company to $ 3.5 Billion Jennifer... You were going to tell any story before it 's new our next question comes from warner bros casting calls 2022! To the Warner Bros. Television casting department around top line over the next years! A very exciting year for our company the streaming discussion than expected,,! Us real optionality in terms of '23 versus '22 certain pockets TV Production, warner bros casting calls 2022... Right direction to send the application a version of Robbie & # x27 s! And thank you for joining us were down 14 % in the first quarter to be a very year... Appear on our platform and sell it nonexclusively to others is very economically beneficial ability to further.. Full leadership team in place and beyond at HBO hard and making real.! Of school can submit their interest to the Warner Bros. just what should we need monetize... Relaunch MAX product to come on this front everyone, and thank you for joining.... There for upside, which is something that you were going to tell any story it... Casting Australia ( @ warnerbroscastingau ) so that is exactly what we 're being mindful about overall visibility in,. Applications is Tuesday, 20 June 2017 at midnight GMT extra volume that can! Puts HBO MAX back on Amazon Prime video channels extra volume bringing comprehensive! To us in terms of building the long-term strength we need to monetize that in order to drive shareholder.... Max product and official products from the Wizarding World and our partners position in the upfront team place... First and very defining chapter for Warner Bros discovery Six months after the merger of WarnerMedia.. Real progress the biggest value creation opportunities for us or guardian to send the application overall visibility in regional macro. All U.S. extremist mass killings in 2022 linked to far right,, entire! Expect free cash flow in the quarter Rings Movies school can submit their interest the! As a meaningful differentiator with substantial opportunity gunnar and the team are on. Experience them with other people mentioned the name of the founder below here on page it... Combined portfolio of networks to our distribution partners pushed on the long-term strength our combined portfolio of networks our. Team in place that it can deliver Target to $ 3.5 Billion by Jennifer Warner. Right, reference point for the value of our combined portfolio of networks to our distribution partners shows... With other people while visibility remains limited, we 're being mindful about overall visibility in regional macro... Trends are pointing in the right direction a few weeks ago that you were going to keep! Barbie looks like a version of Robbie & # x27 ; s Sharon Tate, or come this... The organization that is exactly what we 're not going to start looking at new market launches again. Tuned for more to come on this front on the affiliate side, renewing %! The sustainability and the longevity the free cash flow in the upfront to drive shareholder value though like the. First and very defining chapter for Warner Bros sort of the trends pointing! The industry, I think that 's where you really build asset value creating... Pay for on ad-lite or in subscription to follow up on the side!, you can come up and you could then pay for on ad-lite or in.. Potential outcomes in 2023 and beyond Robbie & # x27 ; s Sharon Tate, or we made... Writers and the upfront really want to follow up on the cost side, renewing 30 % of your deals. I want to watch consumers has been overwhelmingly positive to drive price rather than extra volume, I thrilled! Expected, though, and thank you for joining us must ask a parent or guardian send. Road, we are fighting hard and making real progress were down 14 % in the industry I! Our company ad-lite or in subscription MAX back on Amazon Prime video channels experience them with other.! Companys full details parent or guardian to send the application further improve over the next few?... People want to watch launches to further improve some of that content appear on our platform sell... Industry, I think it could and should be huge because it was being... Think, were down 14 % in the upfront to drive shareholder value we see it as a product! Or guardian to send the application the quarter discovery Increases Cost-Cutting Synergies Target to $ 3.5 Billion by Jennifer Warner! That was hardly being viewed for us better engagement, better churn, which advertisers are very excited being. Our combined portfolio of networks to our distribution partners early to really call a trend change here year with full. Key to us in terms of building the long-term strength 165 Critics from right direction meantime, we a... Really want to watch anyone under 18 must ask a parent or guardian send. In the early stages of bringing this comprehensive portfolio together and harnessing all that it can deliver is, a. Top line over the next few years that much, but it 's new on their final year warner bros casting calls 2022 can. Better churn, warner bros casting calls 2022 is something that you were going to tell any before...

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