Last week, Warner Bros. Discovery announced on its second-quarter earnings call that not only does it plan to merge HBO Max and Discovery+ into a single streaming platform, but it will also kill a number of projects for tax write-offs, presumably to do so compensate for its low earnings per share. A regulatory filing clarified the sum: a write-off of $825 million.
Among the projects that won the contract was $90 million bat girl film already in production and the animated feature film Scoob!: Vacation Home, both of which were set to premiere on HBO Max. Also included Warner Bros. Discovery Miracle Twins Film, a series of shows on TBS and TNT (eg Chad, Full frontal with Samantha Bee, The last OGand snowpiercer) and of course CNN+.
While discussing the embarrassing introduction of the monkeypox vaccine in the United States and how the country let 20 million doses of the monkeypox vaccine expire, John Oliver snapped some footage of the much-discussed merger in Sunday’s edition of Last week tonight—aired on HBO, operated by Warner Bros. Discovery.
“We leave the vaccine sitting unused on a shelf in our reserves like an expired Chobani or a $90 million movie on HBO Max,” Oliver said. “By the way, hello, new business daddy! Seems like you’re doing a really great job. I have a vague feeling that you are going to burn my network down for the insurance money, but I’m sure this will all pass.”
https://www.thedailybeast.com/john-oliver-tears-into-new-warner-bros-discovery-bosses-for-burning-down-network?source=articles&via=rss John Oliver tears his way into new Warner Bros. Discovery bosses for “Burning Down Network.”