WARNER BROS WILL NOT SELL Or Merge In 2 Years, They Ain't Selling!
The Hollywood Reporter started a rumor Warner Brothers Discovery would be selling the company or merging with NBC/Universal in 2 years. It's nonsense. WBD has plenty of debt, but has billions in annual income, many times the interest payments to cover the expense. Let's go over the details and actual numbers and you'll see for yourself!
Warner Bros. Discovery Has Bigger Problems Than Its DC Search
https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-has-bigger-problems-than-its-dc-search-1235221804/
Why Is Everyone Talking About Warner Bros. Discovery Stock?
https://www.fool.com/investing/2022/09/20/why-is-everyone-talking-about-warner-bros-discover/
Why Warner Bros Discovery’s Issues Are Beyond ‘Batgirl’
https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-batgirl-antitrust-1235197626/
WARNER BROTHERS DISCOVERY recent quarterly financial report
https://s201.q4cdn.com/336605034/files/doc_financials/2022/q2/WBD-2022.6.30-10Q-Filed-copy.pdf
PLAYLIST 29 VIDEOS: WARNER BROTHERS DISCOVERY & DAVID ZASLAV
https://www.youtube.com/playlist?list=PLUPkiRW84R1gxDL-u2P1Ac4bE5bONlHix
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WARNER BROS WILL NOT SELL Or Merge The Company In 2 Years, Or Anytime In The Foreseeable Future!
n early August — two days after David Zaslav terminated his brief honeymoon with Hollywood by dumping the HBO Max film Batgirl — the Warner Bros. Discovery CEO was still sounding confident about the future of one of the studio’s most important properties.
“You look at Batman, Superman, Wonder Woman, Aquaman — these are brands that are known everywhere in the world,” Zaslav told investors. “We have done a reset. We’ve restructured the business where we are going to focus, where there is going to be a team with a 10-year plan focusing just on DC.”
David Zaslav's Strategy Shift: Licensing Out Warners' IP Treasure
But the declaration of the DC reset was premature. Zaslav is continuing to meet with prospective candidates to lead the effort, but surprising to no one, he has not found a Kevin Feige clone. A negotiation with producer Dan Lin became public (possibly due to a meeting that was held outdoors in plain sight because of WBD consultant Alan Horn’s COVID-19 concerns) but then apparently fell apart over complications involving Lin’s production/nonprofit company Rideback.
Meanwhile, DC Films president Walter Hamada called his lawyer after watching Batgirl get binned and listening to Zaslav talk about the bright future under superior but unnamed leadership. Film studio co-chairman Michael De Luca talked him into staying until Black Adam is released in October, but his exit is being negotiated.
At this point, it’s hard to think of any strong candidate to run a DC silo. And there are several reasons to wonder why anyone with a decent career would want the job. By now, Zaslav has made enough moves to reveal that — despite that extensive goodwill tour — he is exactly the tough boss that former Discovery insiders described when the Warner Media-Discovery combination first made the news. And with CFO Gunnar Wiedenfels working to slash the staggering $50 billion-plus in debt, the company has content creators wondering publicly what happened to material that disappeared from the streamer without a word of warning, while insiders send out résumés as layoffs roll.
“Zaslav doesn’t know what he doesn’t know,” says one leading talent rep. “That’s scary. And you’re always going to be compared to Marvel. It’s unfair. By the time they were being judged, it was working. It’s the exact opposite at Warner. It’s rough all around. Who the would want that job?”
The Marvel comparison looms large. While Feige has had the advantage of being what one industry source calls both the architect and contractor of the Marvel universe, the DC property has been through multiple iterations. Its fans are passionate — sometimes to the point of toxicity — and hardly unified. “DC is so fragmented,” says one talent rep. “J.J. [Abrams] had this one, Zack Snyder had that one, Todd Phillips had the other thing. And they’re all such huge egos.”
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