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Jessica Holscott Departing Warner Bros Discovery As Head Of Finance For Studios & Networks Group
EXCLUSIVE: We hear that Jessica Holscott is departing Warner Bros Discovery. She had been named the new Head of Finance for WarnerMedia’s Studios and Networks Group back in August 2020, overseeing all financial activities of the division including financial reporting, budgeting and planning for future…
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- Exclusive
- Business
AT&T Closes Book On WarnerMedia Ownership Era; Stock Plunges After Q2 Report Lowering Cash-Flow Guidance
AT&T on Thursday reported solid results for its final quarter of full ownership of WarnerMedia, but its stock plunged after the company lowered its outlook for full-year free cash flow.
Excluding items, AT&T posted earnings per share of 65 cents in the quarter ending June 30, beating Wall Street analysts’ consensus…
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By Dade Hayes
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Village Roadshow Agrees To Arbitration With Warner Bros. In ‘Matrix’ Streaming Strategy Lawsuit – Update
UPDATED with latest: Looks like Warner Bros. got its way.
The Matrix Resurrections co-producer Village Roadshow Films has agreed to arbitrate its claims alleging Warner Bros.’ decision to release the film simultaneously on HBO Max and in theaters was a breach of contract.
Lawyers for Village Roadshow filed papers on…
Brett Weitz Exits As General Manager Of TNT, TBS & truTV
EXCLUSIVE: Brett Weitz is leaving as General Manager Of TNT, TBS & truTV. He will be transitioning out of his role in the next 30 days, with his last day marking his 14th anniversary at the TNets.
Weitz’s departure comes weeks after the Discovery-WarnerMedia merger was completed as his position has been eliminated…
- Exclusive
- TV
WarnerMedia UK & Ireland Country Manager Polly Cochrane To Step Down After 13 Years
WarnerMedia UK EVP & Country Manager, UK & Ireland, Polly Cochrane is stepping down after 13 years.
Cochrane joined WarnerMedia in 2009 as SVP of Group Marketing and slowly worked her way up, taking on responsibility for the global development and management of the Wizarding World franchise in 2014 and moving up to…
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By Max Goldbart
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- Breaking
- International
Backlash Over Return-To-Office Mandate Sparks Culture Clash Debate In Wake Of Discovery-WarnerMedia Merger
On April 26, Deadline ran a story titled "WarnerMedia Employees Asked To Return To Office On Short Notice By Warner Bros. Discovery." The four-paragraph post was prompted by chatter I had heard that WarnerMedia employees were upset over a memo they had received earlier in the day by Warner Bros. Discovery's chief…
John Rogovin, WarnerMedia Studios’ General Counsel, Latest To Exit Warner Bros. Discovery
Another top Warner exec, John Rogovin, is heading for the exits amid a major corporate shakeout following the merger of WarnerMedia and Discovery last month.
The longtime EVP, general counsel for WarnerMedia Studios and Networks, who previously served at the FCC and DOJ, said, “It's been an incredible run for 14…
AT&T’s John Stankey Says HBO Max Is Managing Password Sharing “Without Rampant Abuse”
AT&T CEO John Stankey said managing passwords is a key to long-term sustainability in the streaming business and something he and his team had in mind well before HBO Max launched. He made the comments on a call with analysts following AT&T’s latest earnings and two days after Netflix revealed that 100 million viewers…
Warner Bros Discovery’s Gerhard Zeiler Sets International Leadership Team
Warner Bros Discovery International Head Honcho Gerhard Zeiler has set his leadership team, with big promotions for the likes of Priya Dogra and Anil Jhingan.
In a note sent to staff in the last hour, seen by Deadline, Zeiler outlined the 10 people who will oversee various regions and responsibilities as the newly…
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By Max Goldbart
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- Breaking
- International
HBO Max, HBO Hit 76.8M Global Subs In Q1, Up 3M From Year End; WarnerMedia Profit Squeezed By CNN+, Streaming Spend
HBO Max and HBO had 76.8 million global subscribers as of March – up by 3 million from the previous quarter and 12.8 million from the year earlier. Domestic subscribers of 48.6 million rose 4.4 million year-on-year, AT&T said, reporting its last quarterly numbers as parent of WarnerMedia.
WarnerMedia merged with…
Warner Bros Discovery Town Hall: CEO David Zaslav Tells Oprah Winfrey How Merger Came Together, Addresses CNN’s Future, Looming Staff Cuts
Warner Bros Discovery CEO David Zaslav and other top execs met with employees in a town hall this morning on the Warner lot in Burbank. The gathering was primarily a restatement of many of the key messages from the nearly year-long buildup to the historic merger, though the exec did briefly touch on looming layoffs…
Warner Bros Discovery Stock Rises On Day 3 As Veteran Analyst Sees Company “Ready To Hit The Ground Running”
Shares in Warner Bros Discovery gained more than 5% to finish the trading day at $25.97 after earlier rising as much as 11% with a few more bulls piling into the new stock.
It is just the third day of trading for WBD, which moved sideways yesterday after starting off on Monday at $24.08. WarnerMedia formally spun off…
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By Dade Hayes
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