And I'm not taking anything off the table here, but I just want to be realistic as well about what we're seeing today. Discovery to Report Fourth Quarter 2022 Earnings: Listen Live on February 23, 2023 at 4:30 p.m. She's also restructured the team with development-focused doers, who are running this portfolio as one integrated portfolio. We've been hard at work since our last call and look forward to updating you on our progress. If all else fails, take your mother's advice - if it seems too good to be true, it probably is. We continue to be the place creators are choosing to bring their visions to life. No question about that. You may now disconnect. In Harry Potter and the Deathly Hallows, readers learned that Albus and Gellert were once friends, before becoming arch-rivals. Storytelling content is most powerful when you're watching it and then you're with others, either in a theater, or you're able to talk about it either online or with your friends, that's the power of content, not when you're viewing content alone. No, the only thing I would add is from the perspective of cyclical versus secular, there's no doubt. Webcast. So we do see subscriber scale as one part of the revenue growth story. With that, I'd now like to turn it back to the operator, and David, JB and I will take your questions. We see price as a very important second part. We've effectively done that now, but we had to take two different sales teams and pull them together. Faith Wood-Blagrove beat thousands of other young actresses to the role of Modesty in Fantastic Beasts, and Evanna Lynch was chosen for the part of Luna Lovegood out of 15,000 other young women following open casting in 2006. We are more confident than ever that we have the right strategy to be successful and ultimately achieve our goal of being the greatest media and entertainment company in the world. We're excited about the upcoming launch of the [ENHANZE] product and look forward to sharing more details at a press event on April 12. And then if you loved it, you can come up and you could then pay for on ad-lite or in subscription. Here through this post, we are also providing complete necessary details about the Warner Bros Pictures Casting Directors Dates Roles. 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.. No. Looking for Pottermore? Our next question comes from Ben Swinburne with Morgan Stanley. As you look out to '23, I think Gunnar kind of touched on some of the potential tailwinds, but it sounds like you're walking away from close to $12 billion in EBITDA to maybe low to mid-$11 billion in EBITDA. Let me start with the second question. The Voice, the #1 most watched unscripted show on network TV. . Can you talk a little bit about the revenue outlook for D2C? August 15, 2022 10:20am. Our next question comes from Kutgun Maral with RBC Capital Markets. I'm confident that we will get there, particularly with some of the operational and content-driven initiatives implemented by Kathleen Finch and her team. Despite the full integration of Warner Bros. It's about the sustainability and the longevity the free cash flow being delivered by that segment. Given we're still in the first year following the closing of our acquisition, I will discuss the P&L impact on a pro forma ex-FX basis. These shows have averaged as many as 20 million viewers in episode with strong week-over-week growth. As expected, performance was negatively impacted by lower TV licensing revenues against a very tough comp last year, something well face again in the first quarter of 2023. Warner Bros. And I think I just only add go ahead. Discovery in April last year. You're going to see us fighting at Warner Bros. on the Motion Picture side, in order to really -- I think there's a huge opportunity on the Warner Bros. Motion Picture side for investment in quality content and storytelling. I saw it and loved it. Good afternoon, and welcome to Warner Bros. Your email address will not be published. And later down the road, we're also obviously going to start looking at new market launches, again. But I also think we're very well positioned to grow from here. Casting Australia (@warnerbroscastingau) We took bold decisive action over the last 10 months and the bulk of our restructuring is behind us. And together, we are focused on making our businesses better and stronger. And so I think of the investments that you make in live sports content on Turner, live content on CNN, are those types of things definitely are or they structurally not able to be put on the service? Adjusted EBITDA decreased 7% as revenue declines were partially offset by lower content expenses as well as lower personnel and marketing costs, in part reflecting our cost synergy efforts. The search for Nick took Warner Bros. much longer than expected, though, and eventually Golding was ready to sign on. We definitely are planning for an inflection on the revenue side. There hasn't been a stand-alone Superman movie in a decade. Discovery Is America's Worst-Run Company,Mismanagement has ruined whatever success Warner Bros. Discovery might have had. Stay tuned for more to come on this front. 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. Moreover, the exit rate coming out of the fourth quarter lends confidence in continued very strong financial performance thus far in Q1 and into our soon-to-be relaunched D2C offering. That's what we're looking to primarily deliver. So I think this is an exciting time because I think we're really -- we made some tough decisions. In 2022, Warner Bros. will release Elvis, a biopic about the king of rock and roll himself. Yes, that's one important ingredient. 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. Studio. Is there any of your content that's definitely off the table to be included in that service? MACON RUSH CALL BACKGROUND Casting Notice *Warner Bros FEATURE FILM: "The Color Purple-The Musical' LOCATION: Macon, GA By Kevin P. King - April 7, 2022 487 0 Advertisements On Location Casting *RUSH CALL* - TODAY! So I think we're very well positioned. 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 And I have no doubt that when the market turns, we're going to be in a very, very good position to capture that upswing as well, especially, as David mentioned, with more inventory on the digital side becoming available here, which last year was sort of a limiting factor for us. Keep one thing in mind, the entire last year was impacted by this headwind from coming off of Amazon. In addition to all of our entertainment and nonfiction, we do have all of our news and sports. This company every year give up the chance for new talents. It's a wow. 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. It comes after HBO and HBO. 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 to that point, I have no doubt that we have years and years of that coming our way. We've got some tests going on and it's very early, but some of the numbers that are coming in are looking exciting. And having some of that content appear on our platform and sell it nonexclusively to others is very economically beneficial. Discovery's Q4 Earnings Call. This phenomenon can go for eight, 10-plus weeks for each series. And basically, we create a flywheel of our own, where we own the full ecosystem, the subscription, the ad-lite and the ad free. We have a lot of points to be very excited about. And we're able to align our networks on a coterminous basis with these distributors. But that said, there's always going to be a place for quality content and we're open for business. 7,362 Followers, 2,443 Following, 99 Posts - See Instagram photos and videos from Warner Bros. Photo: Kevin Dietsch/Getty Images. Warner Bros. 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. A replay of the call will be available approximately two hours after the completion of the call until August 11, 2022. It's about telling the best story. And on the 2023. Reiterating my earlier point, I'm very pleased with where we ended the year and encouraged with our ability to balance choppy macro tides with success in repositioning the company for future growth. And so -- which -- where we pivoted and said we were going pushing to move all of our films back out with real windows in order to optimize those products. With me today is David Zaslav, President and CEO; Gunnar Wiedenfels, our CFO; and JB Perrette, CEO and President, Global Streaming and Games. 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. The biggest unknown continues to be in the ad sales environment. 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.. Content alone is really only half of the equation. And we have high hopes for all of these metrics after the combined product launches to further improve. The sentiment is not terrific. We met with 186 of the top leaders in -- for a week in early January. Warner Bros. You probably know that, because we've kept the lights on at TBS for the last five years.". We'll definitely -- we're definitely planning for revenue improvement. David, if James and his DC strategy is successful, which I'm sure is your expectation, what does that mean for the company overall over the long term? Turning to the total company EBITDA outlook. Today, I'm thrilled to announce that Mike and Pam signed a deal to make multiple Lord of the Rings movies. Discovery in which we took some pivotal initial steps. The long-term earnings and free cash flow generation potential of this company are stronger than ever, particularly after having taken some courageous and crucial first steps this past year. So a lot to be looking forward to. Warner Bros. Sep 2, 2021 Seeking young performers for Nickelodeon's nationwide (US and Canada) Performers with Disabilities Open Call! During the WBD quarterly earnings call, Zaslav . Before we start, I'd like to remind you that today's conference call will include forward-looking statements that we make pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Every week, a new episode comes out and by the time the next one airs a week later, tens of millions of people have watched the last episode. Netflix Reality Series Audition 2023 Casting Calls. In addition to less activity in home entertainment, given the leaner theatrical release schedule in 2022, which was very much a result of deliberate decisions we made about specific titles and overall release dates. And that gives us real optionality in terms of nourishing audience for growth and for reduction in churn and for overall price value. 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. So those candidates who are interested must have checked the companys full details. Wizarding World is the new official home of Harry Potter & Fantastic Beasts. 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. The program was created to provide undiscovered and underrepresented actors, particularly people with disabilities, Indigenous, MENA, and Trans . Hello, everyone, and thank you for joining us. Ladies and gentlemen, thank you for standing by, and welcome to Warner Bros. And we're doing it in a very tasteful way by putting it on the very front end. 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