Warner Bros. Discovery
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How the Theatrical Hope of ‘In the Heights’ Burned Bright and Died in Hours (Exclusive Book Excerpt)
“Binge Times,” a new book about the streaming wars, tracks the movie musical’s glamorous theatrical premiere and its streaming death
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Movies
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Theater Owners Chief Praises David Zaslav for Commitment to Theatrical Release
CinemaCon 2022: “Watch what Warner Bros. does in the next three years,” NATO’s John Fithian said
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Warner Bros. Discovery Chief David Zaslav Vows Not to Overspend to Compete in Streaming Wars
The CEO of the nation’s third-largest entertainment player said he plans to avoid the pressure of meeting the spending of rival streamers
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Discovery+ Reports 24 Million Subscribers in Q1 Ahead of WarnerMedia Merger
The 2 million subscriber gain comes with 13% increase in revenues, to nearly $3.2 million
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Why CNN+ Is Shutting Down Just 3 Weeks After It Launched
A rushed launch, low subscriber numbers, and a lack of vision led Warner Bros. Discovery to close down the new streaming service
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Media
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Warner Bros. Discovery Reshuffles International Leadership Team Under Gerhard Zeiler
Many regional leaders will retain their roles with enhanced responsibilities.
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Exclusivity Is Warner Bros. Discovery’s Huge Advantage in the Streaming Wars | Charts
While there’s short-term profit in licensing content to others, exclusive content can lead to long-term success
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TV
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Nielsen Sold for $16 Billion – But It Was Worth Double That 6 Years Ago | Analysis
Investing in the “antiquated” ratings giant isn’t the sure bet it once was, one marketing expert tells TheWrap
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TV
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CNN+ Budget Cuts Loom as 2-Week-Old Streamer Struggles With Low Viewership
Layoffs aren’t being considered currently, according to an insider, even as the new service is reportedly netting just 10,000 viewers a day
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MediaAvailable to WrapPRO members
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Warner Bros. Discovery Stock Flat on First Day of Trading – But AT&T Shares Jump 8%
New investors appear cautiously optimistic that the merged entity has a promising future
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CNN+ Launches on Roku in the U.S.
The new-ish streaming offshoot from CNN has struggled with low subscriber numbers
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Warner Bros. Discovery Is Built for the Streaming Wars – If It Can Shed Legacy Baggage | Analysis
“They are simultaneously a Netflix competitor and an old media behemoth, which is a very difficult tightrope walk,” one industry expert tells TheWrap
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Business
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Here’s Everything in Warner Bros. Discovery’s Game-Changing Library: Film, TV and News
The new company’s impressive catalog and assets will rival those of Netflix and Disney
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Business
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Discovery Closes $43 Billion Merger With WarnerMedia to Form Warner Bros. Discovery
The new company will be headed up by CEO David Zaslav and has an estimated worth of $130 billion
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Warner Bros. Discovery Names Jon Steinlauf to Lead U.S. Ad Sales
Veteran ad sales exec has been with Discovery since 2018
