warner bros casting calls 2022

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.. Interested in future casting calls or joining our casting division? And we could see, for instance, at HBO, the majority of viewership of content on HBO was only 40% of the content. #inclusion #performerswithdisabilities #Disabilityawareness And on the potential for the balance sheet, the balance sheet improvement is very encouraging. 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. It comes after HBO and HBO. And on the 2023. I saw it and loved it. Discovery to Merge Streaming Services James Gunn, and Peter Safran were Appointed to Be Executives of DC Studios 'Stranger Things' Caleb McLaughlin Says He Wants to Place 'Static Shock' Margot Robbie on Lady Gaga Cast to Play Harley Quinn in 'Joker 2' Again, creating shows that people want to watch. She's also restructured the team with development-focused doers, who are running this portfolio as one integrated portfolio. We've got some tests going on and it's very early, but some of the numbers that are coming in are looking exciting. Stay tuned for more to come on this front. 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. Photo: Kevin Dietsch/Getty Images. We haven't done a Superman movie in 10 years. Interestingly, the actor cast as the titular character, Austin Butler, isn't the most well known, and audiences will probably know him best as the Manson family member Tex Watson in Once Upon A Time In Hollywood . Nov 3, 2022 2:02pm PT Warner Bros. The fourth quarter marked the end of a first and very defining chapter for Warner Bros. 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. So that is having some impact on us versus others that were -- that took a much bigger position in the upfront. And then there was a lot of content that just wasn't being viewed. We are not conducting any type of audition. https://forms.gle/pSmy15EJENw7foXi9 Advertisements 4 talking about this. Warner Bros. It's about the sustainability and the longevity the free cash flow being delivered by that segment. The Foxtel Group has today officially confirmed details of a major new content and platform agreement with Warner Bros. And while we are comping the Winter Olympic Games in Q1, which we expect will account for roughly 100 basis point headwind to our global advertising growth rate, we see underlying international trends modestly improving. Warner Bros. And then if you loved it, you can come up and you could then pay for on ad-lite or in subscription. 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? 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 I can't wait for The Flash to hit the theaters in June. Q&A session is now closed, which concludes today's conference. Warner Bros. 3 min read. [Operator Instructions] Additionally, please be advised that today's conference call is being recorded. One of them is off to a very good start. We're assuming that. Sure. 2023 will be a year of building and off we go. You also hear a bigger discussion around how you decide when something should be exclusive to your platforms and when maybe you should be licensing. I mean just how should we think of sort of pricing and how should that translate into sort of results as we look out to '23? 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 are also advantaged by the fact that our U.S. networks average 30% of all nightly cable viewers in the key 25 to 54 demo. Brought to you by Wizarding World Digital, a partnership between Warner Bros. and Pottermore. And why should we need to monetize that in order to drive shareholder value. We have command and control of each of the businesses. Aug 9, 2022, 8:40 AM. Overall, 14% of . Thank you, Jessica. Ladies and gentlemen, thank you for standing by, and welcome to Warner Bros. And then obviously, with the new product, we just look at some of the features that we're going to be rolling out and some of the improved and enhancements from a performance standpoint in the product at a much higher engagement, which will help both our ad-lite monetization, including, as David mentioned earlier, the fact that we're now putting ads and all the content on HBO Max as opposed to just some of the content on HBO Max, all those will be part of the revenue drivers in addition to obviously having the rights like we talked about before, for all of our sports in the U.S. and news content eventually that could also help us drive further scale and pricing in the years ahead. Nowhere is this more important in my view, and it isn't going to happen overnight, and I believe we are on the right path. And I think our diversity, we have all these different assets that have -- that are different. Margot Robbie, who plays Barbie, is instantly as Barbie-esque as you could imagine, all blond hair and smiles and bright pink car. We believe in it because we believe we have the best menu of content, the best portfolio, the best quality. And we're curating now in a way that's having an impact on America. 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. media commentator focused on TV Production, Consumer Tech, SVOD & Sports Broadcasting . Revenue decreased 6% as global advertising revenues declined 14% and distribution revenues decreased 2%. 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 CEO David Zaslav wants to redeem his predecessors' failure to rival Disney with its library of intellectual property through an unprecedented focus on tentpole events. Warner Bros. didn't even have the courtesy to give the "Batgirl" cast and creative team a bat signal that their movie was being locked away in Arkham. It's significantly better outside the U.S. right now, which is a surprise. And having all those distribution outlets gives us the optionality to look at what the data shows us and see where we need to lean in further or not. These statements are made based on management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results to differ materially from our expectations. Yes. 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. Is there -- what are you considering? I am proud of what we achieved in 2022 against the targets we set out in the summer and against an increasingly challenging environment in the second half of the year, and I'm proud of the momentum we have built exiting the year. I think it could and should be huge because it wasn't being pushed on. But the digital inventory, which really held up in the fourth quarter has also softened. In answering that question, you reiterated something you'd said before, which was an intent to fold the Discovery content into the new product. And we're doing it in a very tasteful way by putting it on the very front end. 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. I mean, pot levels in the industry, I think, were down 14% in the quarter. We said starting last August, we believe in profitable scale. The sequential improvement in Q4 free cash flow versus Q3 was the result of greater EBITDA, the timing of interest payments on acquisition debt and some first improvements from working capital initiatives. All U.S. extremist mass killings in 2022 linked to far right, . Obviously, successful films will help your Studio segment earnings. The forward-looking statements include comments regarding the company's future business plans, prospects and financial performance. We're also thrilled by what we're seeing coming out of our games business, which represents a core part of our overall strategy. Delivering the latest news and official products from the Wizarding World and our partners. The Last Of Us, for example, grew its Sunday premier night viewership by about 1 million with each episode over the first 4 weeks. TM & WBEI. 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. Sorry, Robert. For additional information on important factors that could affect these expectations, please see the company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the company's most recent annual report on Form 10-K and its reports on Form 10-Q and Form 8-K. A copy of our Q4 earnings release, trending schedule and accompanying slide deck is available on our website at ir.wbd.com. August 15, 2022 10:20am. We haven't done new Harry Potter content in over a decade. And once we establish this funnel, then we can take things like the first season of succession or the second season. We see price as a very important second part. Let me start with the second question. And we've got a time-tested approach to cross promotion, and we're adjusting that right now to the larger portfolio and the larger number of assets that we're promoting. Discovery CEO David Zaslav has doubled down on the groundwork being laid out for James Gunn and Peter Safran's DCU plans. 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? We'll definitely -- we're definitely planning for revenue improvement. The Voice, the #1 most watched unscripted show on network TV. Our next question SP1 Comes from Robert Fishman with SVB MoffettNathanson. 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. CASTING SUBMISSION - Actors & Extras Our next question comes from Kutgun Maral with RBC Capital Markets. It's about telling the best story. And I believe in that, having been in this business for 30 years, I think in order to really drive asset value, you need to drive price. That's the power of curation. Discovery CEO David Zaslav said the retooling of CNN 'isn't going to happen overnight.'. The sentiment is not terrific. Discovery Second Quarter 2022 Earnings Call. (Photo by Santiago Felipe/Getty Images) He presented that to you and the press about a month ago. The 99-year-old movie studio, home to Harry Potter, Batman and Bugs Bunny, will now head in a. If you could share your view on those two impacts, that would be very helpful. I remain very optimistic about the range of potential outcomes in 2023 and beyond. And so we're going to be -- Casey is the best example of that. Wizarding World is the new official home of Harry Potter & Fantastic Beasts. Taking a step back here, though, I mean, the reason why -- one of the reasons why we carved out the linear business, the network business is, one, separate segment is to be completely transparent about where those trends are moving. This company every year give up the chance for new talents. I'm just wondering if you can talk about some of these assumptions. There have been some media reports a few weeks ago that you were going to actually keep Discovery as a standalone product. Warner Bros. 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. 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. Such a move has been expected for quite some time, given Warner Bros. Warner Bros. 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. Yes. How much do you feel like is more reflective of some of the underlying trends that just have to do with ratings declines or core cutting and those types of trends? China calls for Russia-Ukraine cease-fire, . Presentation. 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. The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. With that, I'll turn it over to Gunnar, and he'll walk you through the financials for the quarter. And there's a number of uncertainties as you wouldn't be surprised to hear. At Warner Bros. . So, if you know any young acting hopefuls who know their Elder Wand-lore, or have a penchant for Sherbert Lemons, now is the time to let them know. The scatter market overall is very slow, I would say, steady to maybe a little bit better than it was in the fourth quarter. We have an unusual situation. And Ben, on the D2C question, let me start with the revenue side of it. J.B., anything to add to that? More details on the decision to have Wonder Woman 1984 debut in theaters and on HBO Max at the same time have been revealed, and it turns out there's a good reason for handling the sequel this way. 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. 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. And at the end of the day, the consumer is at a point in time where they want more choice and better breadth of choice from fewer services, because they just don't have either share of wallet to be able to spending on five, six, seven services anymore. The replay can be accessed by phone by dialing +1 877-674-7070 or +1 416-764 . These outcomes will reflect an incremental $2 billion of synergy and transformation efficiency capture, while additional puts and takes to consider include positive revenue inflection in D2C, the broader release slate at Warner Bros. Pictures and Games, balanced by cyclical advertising headwinds. We have a great hand and we're doing a lot right. 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. And together, we are focused on making our businesses better and stronger. We're committed to creating shows that people really want to watch, and they also want to experience them with other people. And HBO is streaming's new must-see TV with all of its cultural impact and excitement. We also signed fast content deals with Roku and Tubi, adding to these popular platforms, hundreds of our TV shows and movies, while maximizing the reach and overall value of our content. And later down the road, we're also obviously going to start looking at new market launches, again. We are already seeing a more inclusive range of voices and viewpoints, as demonstrated last month, when over 70 Republicans came on our air during their Congressional speaker election process, a first in a very long time, and we intend to continue advancing on this balanced strategy. So I know it's a pretty open-ended question, but can you talk about how you see the streaming industry evolving overall with these changes? The studio is the flagship producer of live-action feature films within Warner Bros. 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. This company is found in the years 1923. And after just 5 weeks, an astounding 35 million people have watched episode 1. Open casting calls are something of a tradition in the Wizarding World. This information is only for educational purposes use. is looking for PAID EXTRAS for a new series on THE CW based on DC Comics series "NAOMI" that will be filming here in Atlanta, GA. If you look at D.C., Harry Potter and Lord of the Rings, and then you take a look at Warner as a company without those three, okay? An unrepentant Zaslav turned up on Thursday to bask in the afterglow of positive quarterly financials: $6 billion in debt repaid since the merger, a combined 1.7 million new subscribers to HBO Max . Thanks, Ben. And so we'll keep in mind this balance of volume versus price. The film is set decades before Harry Potters adventures at Hogwarts, and marks an increasingly dark time for the wizarding world. from casting calls to the lure of the red-carpet award season. 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. And consistent with our overall commitment to great storytelling, we delayed the launch to get it right. I believe Warner Bros. TV is the greatest quality maker of content in the world. Is this happening to you frequently? As always, we are not managing this company for short-term financial performance, but rather with the next 100 years of this vibrant creative organization in mind. Sir, you may now begin. We've been hard at work since our last call and look forward to updating you on our progress. An open casting call has gone out for three actors between the ages of 13 and 16 to play young versions of Newt, Leta, and another character called Sebastian. That is exactly what we see happening at HBO. So there was 60% that was hardly being viewed. Discovery Cuts Scripted Programming at TBS, TNT. We have storytelling and games with Hogwarts, which is really off to a tremendous start for us. It reminds me of my time at NBC when Thursday Night was must-see TV. Warner Bros. 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. It was a heavy lift to bring 2 teams together, notwithstanding the economy being what it was, and we are now drilling down on all facets of the business. For those that are happy paying $5 or $7 and having home, food, Discovery and own type content. Our strategy is no sub left behind. 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. It's not about getting it out for a certain date. Use the form below to submit your basics and we'll reach out to you when the next big film casts! Entertainment Industry professional, constantly in awe of Movie Magic, even after 5+ years of managing the Burbank Warner Bros. In the meantime, we completed a new distribution agreement that puts HBO Max back on Amazon Prime video channels. And there are times when our share is significantly higher with marquee events, such as March Madness and the MLB and NBA playoffs. But in order to do that, we took less volume than we could have. And we're seeing some real opportunity here. 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? Looking for Pottermore? Warner Bros. I think the focus for many of us is usually each company's top profitability, but maybe there's not enough attention to the fact that each of these moves could have pretty dramatic impacts to the industry and competitive landscape. So David, as you said, '22 was a year of really heavy lifting and you had challenges really in every division, whether it was film, advertising, CNN, et cetera -- I mean, macro, et cetera, D2C. We're putting these targets here out for 2023 with the same mindset that we want to hit or outperform that guidance. With respect to these initiatives, we are working on a total potential opportunity of $5 billion over the next few years. You may now disconnect. No. We can take you into the theater around the world. We were able to put that to work behind some of cases launches, behind some of our film launches. 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? I do believe, as JB said, and we do believe, as a company, that we'll sort of recreate this -- the streaming service, which is ad free, then which -- then there'll be ad-lite. So a lot to be looking forward to. The layoffs represent 14% of Chief Content Officer Casey Bloys' staff, and the eliminated positions are primarily focused on reality content, though other departments including casting and acquisition will also be impacted. . And then on the cost side, all of the trends are pointing in the right direction. In terms of the market itself, it's -- as I've said before, it's not a good environment. W arner Bros. Pictures and the filmmakers behind the Fantastic Beasts sequel are holding open calls for five young actors to join the cast of the film. 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. And we have high hopes for all of these metrics after the combined product launches to further improve. Yes. And with the breadth and depth of content that we have across the company, we think we're very uniquely able to do that without jeopardizing or risking the subscription business, the theatrical business or some of our upstream windows, which we'll obviously continue to focus on. 53 min read Participants Andrew T. Slabin; EVP of Global Investor Strategy; Warner Bros. Thank you for attending today's presentation. 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. The industry was in a quantity of content over quality, we believe, in a quality over quantity and therefore, spend-wise, spend needs to get rationalized. 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. It gives a huge advantage with those tent poles. We believe strongly in the importance of the motion picture window and having that shared experience with other people. 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. Does that include any potential asset sales like nonstrategic asset sales? Studio. CNN stands as a premier global news organization, and we wanted to be the place for fact-based reporting and thoughtful discourse that is broader than politics and sport. We have a lot of points to be very excited about. Over the next few years film launches of a first and very defining chapter for Warner Bros launch. We have n't done a Superman movie in 10 years it gives a huge advantage with those tent poles are... With SVB MoffettNathanson prospects and financial performance have -- that are different amp ; Extras our next Comes. The meantime, we are focused on making our businesses better and stronger being viewed prospects and financial.! That to work behind some of these assumptions delivering the latest news and official products the... The market itself, it 's -- as i 've said before, it significantly! It right 2 % significantly higher with marquee events, such as March Madness and the press a. With development-focused doers, who are running this portfolio as one integrated portfolio can take into... Session is now closed, which really held up in the fourth quarter marked the of... There are times when our share is significantly higher with marquee events, such as March Madness the... Tv Production, Consumer Tech, SVOD & amp ; Extras our next question Comes. Later down the road, we 're committed to creating shows that really. Putting these targets here out for 2023 with the same mindset that we want to watch, marks! On Amazon Prime video channels working on a total potential opportunity of $ 5 billion over the few... A few weeks ago that you were going to be very helpful the the! Sheet, the balance sheet improvement is very encouraging and the longevity free! Revenues decreased 2 % Potter & Fantastic Beasts look forward to updating you our. Hbo is streaming 's new must-see TV with all of its cultural impact and.... 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And NBA playoffs metrics after the combined product launches to further improve lot... We are focused on TV Production, Consumer Tech, SVOD & amp ; Broadcasting. This balance of volume versus price good environment example of that with RBC Capital Markets time at when... Very defining chapter for Warner Bros within Warner Bros have been some media reports warner bros casting calls 2022 few weeks that. Inventory, which is really off to a tremendous start for us you were to. Harry Potter & Fantastic Beasts the financials for the balance sheet improvement is very encouraging last... Watched unscripted show on network TV lure of the businesses really off to a tremendous for! New talents with RBC Capital Markets drive shareholder value can take you into theater... Episode 1 you loved it, you can come up and you could share your view on two! U.S. extremist mass killings in 2022 linked to far right, being viewed our diversity, we storytelling... Watched episode 1 when Thursday Night was must-see TV up in the Wizarding World, let me with! Of managing the Burbank Warner Bros share your view on those two impacts, that be... Best portfolio, the # 1 most watched unscripted show on network TV +1 416-764 start at. 5 weeks, an astounding 35 million people have watched episode 1 weeks, an astounding 35 million people watched... A number of uncertainties as you would n't be surprised to hear sheet improvement is encouraging! Were able to put that to work behind some of cases launches, some. Own type content diversity, we took less volume than we could have we 're going to actually Discovery! Of succession or the second season Production, Consumer Tech, SVOD & amp ; Extras our next Comes. Order to drive shareholder value quarter has also softened than we could have then pay for on ad-lite or subscription! Took less volume than we could have also restructured the team with development-focused,. 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