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Heading into Thursdays second-quarter earnings call forWarner Bros. portend for future development?
But over his 124 minutes on the line with investors, he made three things abundantly clear.
One: Warner Bros.
So what does that mean for the future of WBD TV and film?
Its All Headed for One Platform
Yes, Warner Bros.
Specific details will remain under wraps until the companys investors meeting later this year.
We recognize that both our existing products had shortcomings, he said.
HBO Max has a competitive feature set but has had performance and other customer issues.
Discovery+ has best-in-class performance and consumer ratings but more limited features.
The lower your churn is, the more viable our business is.
Discovery executives sought to elucidate the corporate outlook that would distinguish them from the competition.
We dont believe in this strategy.
Its not about how much, its about how good, he said.
Owning the content that really resonates with people is much more important than just having a lot of content.
And its what we do best.
We will fully embrace theatrical, said Zas.
We believe it creates interest and demand.
It provides a great marketing tailwind and generates word-of-mouth buzz as films transition to streaming and beyond.
When youre in the theater, the value of the content is elevated.
Then when the same content moves to SVOD, it is elevated again.
The objective is to grow the DC brand, to grow the DC characters.
But also our job is to protect the DC brand.
And thats what were going to do, Zaslav said.
He listedBlack Adam,Shazam!
Fury of the Gods, andThe Flashas some of the great DC films on the horizon.
With its midrange budget and smaller-than-tentpole scale,Batgirldidnt fit into the new corporate ethos.
(This could explain whyother titles, including 2020sThe Witches, have been removed from the platform.)
This was a disaster, the agent says ofBatgirl.
The only producing deal they have is withBeau Flynn, who has been there a long time.
And they do a lot of stuff withJames Wan.
On a studio basis, thats the lowest number of relationships that exists at any studio.
Marvel) delivering an irredeemable movie.
You say, Here are the problems.
Here are my issues.
Let me bring you into my tent.
And lets walk through and do it together.
But thats not what goes on there.
(Warner Bros. did not return calls and emails requesting comment for this story.)
