warner bros casting calls 2022

warner bros casting calls 2022

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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. The television studio is the latest arm of Warner Bros Discovery forced to make cuts in order to save at least $3 billion after the merger overseen by David Zaslav. As the only studio scaled in gaming, we see it as a meaningful differentiator with substantial opportunity. 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. Yes. The product will offer compelling content for every member of the household. The studio is the flagship producer of live-action feature films within Warner Bros. And it all stems from great storytelling. And now you see a very soft scatter market. The scatter market overall is very slow, I would say, steady to maybe a little bit better than it was in the fourth quarter. Casting Australia (@warnerbroscastingau) The efforts ongoing enterprise-wide are helping to turn the flywheel and grow and improve our businesses, and we see so much opportunity ahead. We expect 2023 pro forma adjusted EBITDA to be in the low to mid $11 billion range, representing growth of low to mid-20%, against pro forma adjusted EBITDA of $9.2 billion in 2022. 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. 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. SVOD and ad-lite tiers and a significantly enhanced product platform to drive better performance, improved user experience and stronger engagement. And later down the road, we're also obviously going to start looking at new market launches, again. 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 You do not need to submit this form if you've already submitted to any casting. And I think I just only add go ahead. 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 . The reality is the market is evolving so dynamically that what we are doing is as 1 team, looking at all the different windows and what our real asset is having actual distribution assets in almost every form of media, whether it be linear television, on-demand television through streaming, games, theatrical distribution, free-to-air, pay TV. So we do see subscriber scale as one part of the revenue growth story. Or is that something that might fuel that service? We got to take those swings. Global core subscribers increased 1.1 million sequentially and 10 million year-on-year, while global ARPU increased as well modestly to $7.58. Clearly, as we have pointed out as a key risk since the summer, underlying advertising trends, particularly in the U.S., have continued to soften through the fourth quarter, and that was further exacerbated by general entertainment audience declines. Our next question comes from Brett Feldman with Goldman Sachs. We continue to be the place creators are choosing to bring their visions to life. It comes after HBO and HBO. 2023 will be a year of building and off we go. The market is -- the macro environment is very challenging. We generated $2.5 billion of free cash flow in Q4, bringing the reported full year free cash flow to $3.3 billion. And we take that across film, TV and even to sell to third parties, because we have something, we have a treasury that no one else has. The closing date for applications is Tuesday, 20 June 2017 at midnight GMT. These are huge numbers, particularly in today's day and age of binge viewing, when there is so much content to choose rooms. You probably know that, because we've kept the lights on at TBS for the last five years.". And we could see, for instance, at HBO, the majority of viewership of content on HBO was only 40% of the content. So I think we're very well positioned. 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. Studio Tour Hollywood invites you to celebrate the enduring legacy of the iconic Super-hero on Batman Day, Saturday, September 17, 2022. . 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. And that is the culture here at Warner Bros. We do see the weekly bookings right now ticking up slightly if you compare January and February with maybe the November, December timeframe, looking a little better; retail, fast food, entertainment, a little better; telecom, small, but coming back; but then you've got other areas like technology is still completely depressed. With that, I'll turn it over to Gunnar, and he'll walk you through the financials for the quarter. We see churn as a third important variable that historically has been relatively higher on the HBO Max product that with the two products coming together, that ultimately coming down is important. More on this from Gunnar in a minute, but I'm pleased with the trend line we see in Q1, particularly as we are managing towards close to breakeven segment EBITDA in the quarter. There's been an increasing discussion recently about what the right general entertainment content strategy supposed to be for media companies as your models continue to pivot and become more streaming-centric. Chris Licht and the team are focused on building an asset for the long term across cable and digital that is worthy of that great global brand. Anyone under 18 must ask a parent or guardian to send the application. The Foxtel Group has today officially confirmed details of a major new content and platform agreement with Warner Bros. from casting calls to the lure of the red-carpet award season. That's what we're looking to primarily deliver. We're also thrilled by what we're seeing coming out of our games business, which represents a core part of our overall strategy. Maybe help us think about the levers you have and your expectations around top line over the next few years? We've gone through a couple of the puts and takes here. With that, I'd now like to turn it back to the operator, and David, JB and I will take your questions. No question about that. No, the only thing I would add is from the perspective of cyclical versus secular, there's no doubt. Appreciate all the information you just shared. And then we ourselves will run our own fast service. 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 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. 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. The studio is the flagship producer of live-action feature films within Warner Bros. 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. Warner Bros. Television Group has more than 110 shows currently in production across our own platforms as well as third-party broadcast, cable and streaming outlets, including Emmy Winners, Ted Lasso and Abbott Elementary. In 2022, Warner Bros. will release Elvis, a biopic about the king of rock and roll himself. 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. Head of the Localization Department at Warner Bros. Games Montreal.<br>Extensive experience in video-game internationalization and localization engineering into +15 languages. Yes. Discovery in April last year. 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. We were able to put that to work behind some of cases launches, behind some of our film launches. We've heard the word curated. WBD 15.42 +0.67 Warner Bros. Brought to you by Wizarding World Digital, a partnership between Warner Bros. and Pottermore. So that is having some impact on us versus others that were -- that took a much bigger position in the upfront. I want to follow up on the streaming discussion. 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. So I was hoping you could just give us your most updated thoughts, so we kind of have that framework for assessing the new product when you rolled out on April 12. Warner Bros. Join the Fan Club and bring your traits with you. In all that we do, we are guided by three strategic pillars. And while this is indeed encouraging, we're hesitant to forecast any meaningful near-term revenue improvement. Warner Bros. TV Group chairman Channing Dungey, in a memo to employees, explains cuts that will lead to the loss of 125 positions (including 43 vacant slots) - 26% of the division's total workforce. David, maybe just to sort of wrap up that on the content side. Turning to Networks. And we're able to align our networks on a coterminous basis with these distributors. Warner Bros. Your email address will not be published. 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. It's significantly better outside the U.S. right now, which is a surprise. We can put that down on our AVOD service. And Lord of the Rings, which is a fantastic franchise, Andy Jassy was pushing on it at Amazon with a lot of success, but we own those movie rights. Yes. 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. We took bold decisive action over the last 10 months and the bulk of our restructuring is behind us. And one of the tenets is we're not going to launch any content before it's time. During the WBD quarterly earnings call, Zaslav . And the good news is we've had a real chance to look at content on each of the platforms over the last two years. #inclusion #performerswithdisabilities #Disabilityawareness Accordingly, we expect free cash flow in the first quarter to be negative. Participants must be fully vaccinated for COVID-19 and show proof of vaccination. James was writing Superman. It's 1 of the biggest value creation opportunities for us. Warner Bros. Discovery and sort of the earnings power of the organization? And Ben, on the D2C question, let me start with the revenue side of it. Though like in the U.S., we're being mindful about overall visibility in regional, macro and political influences. Don't forget the 12+ hour blocks of five year old movies every weekend. Based on the traction we are seeing across the broad spectrum of operational and financial KPIs, we expect segment EBITDA to be more or less breakeven in Q1, which implies another $500 million improvement year-over-year, roughly in line with the improvement seen in Q4. And on the potential for the balance sheet, the balance sheet improvement is very encouraging. I'd like to ask about advertising trends you're seeing and maybe kind of advance this discussion a bit more. We're going to be releasing 12 films, 6 games. And most importantly, we saw improvement across key KPIs. The studio is looking for young people to play five new roles in the film, including teenage incarnations of Newt Scamander, Leta Lestrange, Gellert Grindelwald and Albus Dumbledore. It's not about getting it out for a certain date. Netflix Reality Series Audition 2023 Casting Calls. 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? And that is what all great talent wants. Here we have mentioned the name of the founder below here on page read it carefully. Please. Discovery to Report Fourth Quarter 2022 Earnings: Listen Live on February 23, 2023 at 4:30 p.m. Is there -- what are you considering? We've rightsized the content investments. Warner Bros. Wizarding World is the new official home of Harry Potter & Fantastic Beasts. Discovery, we believe we have the strongest hand in the industry, with the most complete portfolio of assets and globally renowned franchises, personalities and storytelling IP, across sports, news, nonfiction and entertainment, in virtually every region of the globe and in every language. WarnerMedia Equity + Inclusion announces the WarnerMedia Access Talent Spotlight, a new talent training program for aspiring actors looking for professional development and resources. And then on the affiliate side, renewing 30% of your affiliate deals. TM & WBEI. Aug 9, 2022, 8:40 AM. Among them, the integration and repositioning of our global finance organization through which we implemented a number of initiatives to drive efficiency and better support the company's long-term sustainable growth. 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. "We are looking for: single women and men between the ages of 23-35," the official Warner Bros casting call reads. Interested in future casting calls or joining our casting division? 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. Operator. 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. Some are advertiser-driven. But the digital inventory, which really held up in the fourth quarter has also softened. 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. But as David said, we've got sports and news that today are really untapped in the streaming world, and those are optionality for what we might be willing to do in the future, and we'll share more of that on the 12th with you with more detail. There are some opportunities that I'm looking at below deck as we say, but none of that would be baked into this leverage guidance. But I also think we're very well positioned to grow from here. Obviously, successful films will help your Studio segment earnings. The only other thing I'd add, Ben, is for us, it's not just a question of subscriber scaling. Cast: Dwayne Johnson, Keanu Reeves, Joh Krasinski, Kate McKinnon, Natasha Lyonne, Kevin Hart, Diego Luna, Jameela Jamil, Vanessa Bayer, Marc Maron About: Krypto the Super-Dog (Johnson) and Superman (Krasinski) are inseparable best friends, sharing the same superpowers and fighting crime in Metropolis side by side. Nov 3, 2022 2:02pm PT Warner Bros. It's about telling the best story. Casey and the team continue to fuel critical and audience acclaimed with globally resident content, driving improvements in engagement and churn, which is setting up a nice tailwind into the relaunch. With me today is David Zaslav, President and CEO; Gunnar Wiedenfels, our CFO; and JB Perrette, CEO and President, Global Streaming and Games. 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? 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? 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. They want -- they want to have an opportunity for their content to be seen, to be talked about, and they want to feel respected. In addition to all of our entertainment and nonfiction, we do have all of our news and sports. Is there any of your content that's definitely off the table to be included in that service? Echoing some of what David said, the leadership team is ever more aligned on strategic decision-making that benefits the company as a whole versus one segment or another and is incentivized as such. We believe that when you have content that is so good that it hits the gist. Newt Scamanders relationships and past remain enigmatic, so any glimpse into his formative years will be huge for the character. That is exactly what we see happening at HBO. 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? It's about the sustainability and the longevity the free cash flow being delivered by that segment. Thank Sure. So I think that I'm hyper-focused on this, meeting once a week with the team, but getting our stride as a new working team, and I feel like we're starting to get some momentum on that. 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. We have a fantastic leadership team moving us forward, everyone rowing in the same direction. 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 film is set decades before Harry Potters adventures at Hogwarts, and marks an increasingly dark time for the wizarding world. This information is only for educational purposes use. 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. And we continue to track above our internal plans. It's working. Discovery experienced a staggering USD 2.1 billion financial setback. Young Sheldon, network TV's #1 comedy. Discovery Cuts Scripted Programming at TBS, TNT. It's working. There hasn't been a stand-alone Superman movie in a decade. Warner Bros. NOW CASTING PAID EXTRAS (Ages 30 +) to portray ROADSIDE MOTEL GOERS for the NEW DC Comic series "NAOMI" for FRIDAY, 1/21/2022. Distribution revenues on the whole were impacted primarily by subscriber declines in the U.S. and lower affiliate rates in certain European countries, while larger contractual rate increases in the U.S. and premium sports packages in Latin America helped to offset part of this impact. On the advertising side, it's kind of a complex answer. And as we think about where we put content, as Casey looked at HBO, we were able to see which content are people spending time watching, what content is really powerful to us in terms of reducing churn. Those shows had a supersized effect on people and culture. And we've lapped that now, and we're seeing some growth now. Content alone is really only half of the equation. Q4 revenues decreased 9% year-over-year, while adjusted EBITDA decreased 2%, helped by a reduction in consolidated SG&A by 22%, a bit more than we guided to. Our strategy is no sub left behind. 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 On direct-to-consumer, we are making meaningful progress on our goal to achieve real profitability in streaming, a key and powerful segment of our company. We are laser-focused on delivering against our high-level strategic, operational and financial targets, and the three pillars that comprise our core principles. Lord of the Rings is one of the most iconic storytelling franchises of all time and we're so excited. Arguably, we've done a little worse than that, partly driven by the scheduling or the sports schedules that David mentioned a couple of minutes ago. We've already seen more than $850 million in retail sales, and we still have more platforms launching over the next few months. We met with 186 of the top leaders in -- for a week in early January. We've been hard at work since our last call and look forward to updating you on our progress. 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. We have profitable subscribers that are very happy with the product offering of Discovery+, why would we shut that off. Sorry, Robert. We can put you right on HBO on Sunday night with the biggest audience in America, tuning right into you. Our next question comes from Michael Morris with Guggenheim Partners. 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. At midnight GMT five year old movies every weekend invites you to celebrate the legacy. About advertising trends you 're seeing some growth now had a supersized on! The fourth quarter has also softened shut that off tiers and a significantly enhanced product to... Past remain enigmatic, so any glimpse into his formative years will huge! You 're seeing and maybe kind of advance this discussion a bit more softened... Later down the road, we 're going to be releasing 12 films, 6 games very! # x27 ; t forget the 12+ hour blocks of five year old every. 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warner bros casting calls 2022