We have a fantastic leadership team moving us forward, everyone rowing in the same direction. And there are times when our share is significantly higher with marquee events, such as March Madness and the MLB and NBA playoffs. Warner Bros. How to Get Cast On How to Get Cast in a DC Comics Movie or TV Show This guide will answer your most pressing questions. That's not the point. And together, we are focused on making our businesses better and stronger. And we don't yet have, we think, a strong enough position in that market. At Warner Bros. And after just 5 weeks, an astounding 35 million people have watched episode 1. An important reference point for the value of our combined portfolio of networks to our distribution partners. Naturally, we are laser-focused on delevering the balance sheet, where I see net leverage very comfortably inside of 4x by the end of 2023 and reiterate our prior guidance to be within the investment grade range by mid-2024 and within our gross leverage target of 2.5x to 3x by the end of 2024. Discovery The move is part of CEO David Zaslav's self-imposed mandate to find $3 billion in synergies between the two companies. David, maybe just to sort of wrap up that on the content side. 7,362 Followers, 2,443 Following, 99 Posts - See Instagram photos and videos from Warner Bros. Number three, evaluating capital allocation opportunities with rigor, so that we can both achieve near-term efficiency and enhance long-term asset value and growth. And there's lots more to come including the highly anticipated Mortal Combat 12 and Suicide Squad - Kill The Justice League, games also set for release this year with ambitious launch projections. The Hogwarts game, we took several additional months to rework it, to get it right. Delivering the latest news and official products from the Wizarding World and our partners. 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. Please. But curation, creating content at a time when people can watch it, creating a community conversation. And then on the cost side, all of the trends are pointing in the right direction. We'll definitely -- we're definitely planning for revenue improvement. We're excited about JV's product relaunch in the second quarter, but those are uncertain factors that's very early in the year. The Last Of Us, for example, grew its Sunday premier night viewership by about 1 million with each episode over the first 4 weeks. We're putting these targets here out for 2023 with the same mindset that we want to hit or outperform that guidance. I think the focus right now is obviously continuing to on the expanded entertainment offering, and we think the complementary of the HBO Max and Discovery+ entertainment offering is significant and will be a major step forward for consumers, who are looking for simplified number of choices, more breadth of options in terms of content all in 1 place and for good value. Yes. Successfully localized over 75 titles and worked with over 50 different studios since 2005:<br> Warner Bros. Montreal (April 2013 - Present): Batman: Arkham Origins, Middle-Earth: Shadow of Mordor, Batman: Arkham . However, we remain very enthused about the trend line here, and I have greater and greater confidence in our ability to achieve our long-term segment targets of breakeven in the U.S. in 2024 and $1 billion of profitability in 2025 globally. And why should we need to monetize that in order to drive shareholder value. Christian Zilko Yes, that's one important ingredient. So that is having some impact on us versus others that were -- that took a much bigger position in the upfront. The Warner Bros. Television Workshop is the premier program for new writers and. We do expect the cash cost to achieve synergy and transformation efforts will be around the higher end of our $1 billion to $1.5 billion guide given the expanded synergy target, some of which possibly hitting in 2024. And Ben, on the D2C question, let me start with the revenue side of it. Warner Bros. And our new studio heads are hard at work putting their unmatched creative stamp on our future slate. To apply for the Fantastic Beasts open casting call, email [emailprotected] with a recent colour photograph, (i.e., taken within the last two months), contact telephone number, your home address and date of birth. Warner Bros. Operator. And to that end, we are now confident in a path to at least $4 billion of savings largely addressable through 2024, representing an increase of $500 million over our prior estimate. We'll do a full presentation on April 12, which will lay out this significantly improved product, the launch, what will be on it. The advertising environment in the U.S. remains very . Acting students missing out on their final year of school can submit their interest to the Warner Bros. Television casting department. And then we have the ability to pick from all of these different baskets to build really what may be most important for us, which is a successful and profitable streaming business. #inclusion #performerswithdisabilities #Disabilityawareness So there was 60% that was hardly being viewed. BURBANK, Calif. Due to the unprecedented global pandemic caused by the novel Coronavirus, Warner Bros. Television's Casting department launched a unique virtual "Actors in Training" initiative this summer designed to connect the Studio with emerging actors who may have had their final year of dramatic training curtailed or negatively impacted Is there -- what are you considering? No previous acting experience is necessary, but applicants need to be eligible to work in the UK (meaning they must be a UK, Irish or EU passport holder), and be available for filming between August and November 2017. 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. And so we'll keep in mind this balance of volume versus price. A few weeks ago, James and Peter rolled out Phase I of their highly anticipated multiyear plan for DC Studios across film, television and animation with 5 films and 5 television series already in the works, the new era for DC under a single creative vision is in full swing, and we are especially eager to thrill fans with new Superman and Batman movies in 2025. from casting calls to the lure of the red-carpet award season. If they ask you to pay a fee in order to audition for a specific role, it's most likely a scam. Is this happening to you frequently? 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. This is some of the most recognized and beloved storytelling IP in the world, and we're excited to tell even more of those stories. You may now disconnect. And we are excited for Mike and Pam to lead the studio into its next chapter, which in 2023, will see output more than double. These are huge numbers, particularly in today's day and age of binge viewing, when there is so much content to choose rooms. 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. No. Thank you, David. While every applicant will be considered, only those passing the initial consideration round will be contacted. The dreaded post-merger Warner Bros Discovery layoffs have reached the programming operation overseen by HBO and HBO Max Chief Content Officer Casey Bloys. Thank Sure. The 50 Best Movies of 2022, According to 165 Critics from . We have full command and control of our business, and we are one company now. But that said, there's always going to be a place for quality content and we're open for business. Good afternoon, and welcome to Warner Bros. In Harry Potter and the Deathly Hallows, readers learned that Albus and Gellert were once friends, before becoming arch-rivals. And it all stems from great storytelling. We can put that down on our AVOD service. 4 talking about this. 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. Webcast. Elvis is a 2022 biographical drama film directed by Baz Luhrmann and written by Luhrmann, Sam Bromell, Craig Pearce, and Jeremy Doner.It follows the life of the American rock and roll singer and actor Elvis Presley, told from the perspective of his manager, Colonel Tom Parker.It stars Austin Butler as Presley with Tom Hanks as Parker, while Olivia DeJonge, Helen Thomson, Richard Roxburgh . Looking ahead within the Studio, 2023 will be a pivotal year, particularly behind our larger and broader release slates at both Warner Bros. Pictures and DC, not to mention a wonderful start with Hogwarts Legacy on the game side. Discovery advantage. John Oliver in season nine of "Last Week Tonight With John Oliver." Paula Lobo/HBO. Is that -- it sounds like you guys have, on the one hand, a lot of new programs, a lot of new movies and a lot of new initiatives; but at the same time, pulling some content on the floor. Obviously, successful films will help your Studio segment earnings. And there's a number of uncertainties as you wouldn't be surprised to hear. Looking for Pottermore? Casting Australia (@warnerbroscastingau) We have a lot of motion picture content that we're reworking and making a lot of progress with. Apply Here: NickOnlineOpenCall.nick.com Parents/guardians please email: NickOnlineOpenCall@nick.com for more info. In all that we do, we are guided by three strategic pillars. We work, grow and create world class content in one of the biggest, busiest studio lots in the industry, as well as at countless studios, sets and offices around the globe. - David Spade, 'Nothing Personal' 2022. Discovery Inc. is suing Paramount Global, saying its competitor aired new episodes of the popular animated comedy series "South Park" after Warner paid for exclusive rights. In answering that question, you reiterated something you'd said before, which was an intent to fold the Discovery content into the new product. 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. Warner Bros. Turning to the quarter, I'd like to quickly take you through some of the puts and takes impacting performance. Warner Bros. Pictures is a famous and popular American film production and distribution division of Warner Bros. Entertainment, which is owned by Warner Bros. Let me start with the second question. And Brett, just to be clear, the Discovery content would still be available on the bigger relaunched combined product. HBO and HBO Max Hit with 70 Layoffs at Warner Bros. 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. A number of your competitors have cut back on the total amount that they're spending on cash content in '23 versus '22. It's working. The game was 1 of the most highly anticipated of 2023. On the advertising side, it's kind of a complex answer. CASTING SUBMISSION - Actors & Extras Turning to Networks. We definitely are planning for an inflection on the revenue side. Hello, everyone, and thank you for joining us. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Netflix Reality Series Audition 2023 Casting Calls. Can you talk a little bit about the revenue outlook for D2C? 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. Some of them we may find we need to adjust, but we feel really good about where we are, and we're accelerating forward. It's -- those three of the tentpole products that when someone's at dinner anywhere in the world, and they look at their watch at 8:00 and you mention Batman, Superman, Wonder Woman, Harry Potter, Lord of the Rings. Nov 3, 2022 2:02pm PT Warner Bros. I can't wait for The Flash to hit the theaters in June. I would now like to hand the call over to Mr. Andrew Slabin, Executive Vice President of Global Investor Strategy. Don't forget the 12+ hour blocks of five year old movies every weekend. 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. Naturally, our domestic relaunch of the combined product offering in the spring will result in a sequential step-up in P&L investments in Q2 behind a requisite increase in marketing spend support and premier content launches. 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. Discovery Cuts Scripted Programming at TBS, TNT. So I think that's something that's really resonating with the creative community that their content is seen, it's curated and it's elevated and that's part of the cultural conversation, both in the theater and on the platform. Ladies and gentlemen, thank you for standing by, and welcome to Warner Bros. I saw it and loved it. Currency was an approximate $100 million headwind to EBITDA for the quarter and near $200 million headwind for the full year. The Voice, the #1 most watched unscripted show on network TV. In an increasingly challenging environment, we were able to deliver over $3.3 billion of reported free cash flow in 2022, a healthy conversion, notwithstanding significant merger and integration-related expenses. 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.. Discovery might have had. Despite the full integration of Warner Bros. filming in Atlanta, GA. COVID TEST: TUESDAY JANUARY 10, 2023 FILM (1 DAY BOOKING) - WEDNESDAY JANUARY 11, 2023 RATE: $175/12 (DAILY) + $25 COVID If there is interest in pursuing an application further, the applicant will hear back within 14 days of their original submission. Such a move has been expected for quite some time, given Warner Bros. Social media explodes and people are calling their family and friends to talk about what they saw. Our next question comes from Kutgun Maral with RBC Capital Markets. 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 . You probably know that, because we've kept the lights on at TBS for the last five years.". 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. I'll talk more about that in a minute. . And it is shared -- the platform itself for Discovery+ will be a shared platform. 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. China said on Monday (local time) it sought dialogue and peace for Ukraine despite US warnings that Beijing might be considering weapons supplies for its ally Russia's bogged-down invasion. Studio Tour Hollywood invites you to celebrate the enduring legacy of the iconic Super-hero on Batman Day, Saturday, September 17, 2022. . We believe in it because we believe we have the best menu of content, the best portfolio, the best quality. (Photo by Santiago Felipe/Getty Images) We've already seen more than $850 million in retail sales, and we still have more platforms launching over the next few months. And back then, you had to watch the show on Thursday night. Discovery experienced a staggering USD 2.1 billion financial setback. And then, Gunnar, you sound very bullish and confident on the D2C targets, the $1 billion of EBITDA in '25. Consistent with what we told you last August, we are getting ready to launch our combined streaming service here in the U.S. in a few months with Latin America to follow later this year and markets in EMEA and APAC in '24. 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 now we're -- this year, you're going to see us fighting on DC. In providing projections and other forward-looking statements, the company disclaims any intent or obligation to update them. International markets continue to perform relatively better, stronger markets such as Poland and Italy were in part offset by weaknesses in the UK, Nordics and certain Latin American countries. Thank you, Jessica. It comes after HBO and HBO. First, let me say, this promises to be a very exciting year for our company. We're assuming that. Aug 9, 2022, 8:40 AM. To that end, linear ad sales is a top priority at the moment, particularly as we balance both cyclical headwinds and ongoing secular challenges, much of which we've dealt with for the last several years. The guidance does not include any asset sales. December 13, 2021. And then on the affiliate side, renewing 30% of your affiliate deals. 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. Starting with the Studio segment. Thank you for attending today's presentation. 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. Discovery, Inc. Fourth Quarter 2022 Earnings Conference Call. Discovery. Turning to the total company EBITDA outlook. Really trying to understand how much of the ad impact that you're seeing is kind of coming from the macro environment? I believe we've barely begun to scratch the surface in terms of the potential here, and I'm excited about the benefits as this cascades throughout the organization. Her Barbie looks like a version of Robbie's Sharon Tate, or. The creative co-lead and co-chairman of DC Studios have confirmed the entertainment studio is separate from Warner Bros. Pictures Group As per CBR via the social news aggregate website, Reddit . And that is what all great talent wants. And curating content so that people can watch it and have a shared experience is a very big piece of the Warner Bros. And we're able to align our networks on a coterminous basis with these distributors. And we're curating now in a way that's having an impact on America. Revenue decreased 6% as global advertising revenues declined 14% and distribution revenues decreased 2%. 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