Surprising decision to keep DC movie that ended last month bat girl According to Warner Bros. Discovery CFO Gunnar Wiedenfels, the press is “out of proportion”.
Speaking at Bank of America’s media, communications and entertainment conference, the CEO acknowledged intense scrutiny of the new regime after the $43 billion merger was finalized in April. When asked if the company’s reputation in the talent community and the agency’s business were harmed bat girl And he said several other HBO Max shows weren’t cancelled. “The media likes to talk about the media, I guess,” he said. “We have a healthy relationship with talent and offer one of the best platforms for anyone in the creative space.”
Moderator Jessica Reif Ehrlich, a BofA analyst known to be bullish on WBD stock, said the Batgirl move was a “strong business decision” for her. Asked if this represented a resumption of DC’s strategy, Wiedenfels replied, “No. … A new team is coming in that sets the vision, provides the financial framework to evaluate them.” “Looking forward, it was underlined that we are spending more on content than ever before in the history of the two legacy companies. We will continue to make significant investments. We will do these differently, with different financial challenges and a different focus on full use across all platforms, etc. We will continue to invest in this.”
critics bat girl The movement, which includes but is not limited to the creative team behind it, drew attention to the strange optics of rejecting a movie starring a Latina actress (Leslie Grace). That element wasn’t brought up in the conference discussion, and as for the next DC executive, Wiedenfels only said in passing that CEO David Zaslav was “looking for” a new boss. (After discussions with Dan Lynn for the position, the parties decided not to advance.)
More broadly, Wiedenfels said the combined company “continues to move forward” towards its goal of $3 billion in cost savings from the merger. There have been waves of layoffs in recent months, and the company said last month it had already crossed the $1 billion synergy mark. Wiedenfels said that merging assets is a more difficult task than it initially seems. He argued that rather than just WarnerMedia’s previous operations joining Discovery, it would be like five entities: Warner Bros., HBO, Turner, CNN, and Discovery.
Wiedenfels said plans to merge HBO Max with Discovery+ in mid-2023 are on track. “People are working as fast as they can, but there are steps that need to be taken to align the technology stack and create a product combined with the “best customer experience.” Neither HBO Max nor Discovery+ are “objective” as they are currently configured, but how all broadcasts are presented. did not specify a design or strategy for
When asked why the company didn’t follow the lead of its competitors (including Disney and Paramount), which combined but did not combine its streaming offerings, Wiedenfels cited two main reasons: “financial profile” and user experience. He said HBO Max games are more of a “sign” to attract subscribers, while Discovery+ provides “long daily viewing” and engagement. In terms of the financial benefits of offering a blended stream,
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Source: Deadline
Errol Villanueva is an author and lifestyle journalist who writes for The Fashion Vibes. With a passion for exploring the latest trends in fashion, food, travel, and wellness, Errol’s articles are a must-read for anyone interested in living a stylish and fulfilling life.
