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Entertainment

Competing Against Netflix In Streaming Video Becoming Increasingly Expensive

Photo by Phil Barker/Future Publishing via Getty Images. Future Publishing via Getty Images Launching an online streaming video service to compete with Netflix NFLX was once thought of by investors as having a huge potential upside. However, the tide has turned as the market has become so competitive that making money can take years and […]

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Entertainment

Deposed DC Films boss is now making horror movies for Paramount

Paramount logoPhoto: VALERIE MACON/AFP via Getty Images Walter Hamada’s run as the president of DC Films ended recently when he stepped down after the release of Black Adam, following years of tumult at the struggling studio—which had been trying and failing to replicate the success of Disney’s Marvel Studios for a long time. Not all […]

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Business

How Bryan Lourd became one of the most powerful people in the history of Hollywood

Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment | Getty Images After shocking the corporate world last year with the news Discovery Communications would merge with WarnerMedia, incoming Warner Bros. Discovery Chief […]

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Business

‘Lego Movie’ producer Dan Lin won’t take DC film and TV chief role at Warner Bros.

Producer Dan Lin attends the premiere Of Warner Bros. Pictures’ “The LEGO Batman Movie” at Regency Village Theatre on February 4, 2017 in Westwood, California. Todd Williamson | Getty Images Entertainment | Getty Images Movie producer Dan Lin, who had been in talks to become head of Warner Bros. Discovery’s DC Comics film and TV […]

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HBO Max cuts 14% of staff, or 70 employees, mainly in casting, acquisitions and reality TV divisions

David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Warner Bros. Discovery is eliminating 70 jobs at HBO Max, primarily from the […]

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Entertainment

Warners Says It Has a 10-Year Plan For DC Movies

Warner Bros. Discovery CEO David Zaslav recently unveiled the 10-year plan for DC. It’s no secret that a lot of DC Comics properties have been underutilized, and even the films that have been released are notoriously hit-or-miss. The DCEU hasn’t really known what to do ever since Christopher Nolan‘s Batman trilogy finished up. As a result, they’re […]

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Business

Warner Bros Discovery’s DC universe, and its direct-to-streaming strategy, are getting a reset

Leslie Grace attends Warner Bros. Premiere of “The Suicide Squad” at The Landmark Westwood on August 02, 2021 in Los Angeles, California. Axelle/bauer-griffin | Filmmagic | Getty Images Warner Bros. Discovery is eyeing a “reset” of its DC cinematic universe and setting up a team with a 10-year plan for the franchise, taking a page […]

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Warner Bros. Discovery CEO David Zaslav embraces the past as he plans his company’s future

David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The biggest decision for any big media chief executive officer is how much […]

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Entertainment

Warner Bros. Discovery’s Plans for DC Movies Still Up in the Air

The media landscape underwent a major change earlier this year, with the landmark merger between Warner Bros. and Discovery. The joining of the two media companies has raised a number of questions about the future of Warner Bros.’ properties, including the various movies, television shows, and comics from DC Entertainment. A new report from The […]

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Business

Warner Bros. Discovery posts 13% revenue jump, 2 million new streaming subscribers in Q1

David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The results don’t include first-quarter performance from WarnerMedia, which Discovery bought this month. The company reported revenue of $3.16 billion and net income of $456 million. Shares rose as much as […]