David Zaslav Saw ‘The Flash’ and ‘Loved It’

Shazam! Fury of the Gods finally lands in a rainy windswept Los Angeles tonight for its premiere at the Regency Village. But the franchise’s filmmaker David F. Sandberg won’t be in attendance after testing positive for Covid.

A24, the scrappy indie studio that has built a brand for itself as a home for hip and cutting-edge movies, triumphed over its deeper-pocketed rivals at the Oscars on Sunday. It scored a leading nine wins, topping that of its closest competitor, Netflix, which had to settle for six trophies. Plus, A24 not only captured best picture for “Everything Everywhere All at Once” but also pulled off the incredibly rare feat of winning every major acting category, with three statuettes coming for the cast of the head-spinning adventure film and the other one recognizing Brendan Fraser’s work in “The Whale.” But don’t expect the studio to do a victory lap. Co-founders David Fenkel and Daniel Katz (who named their shop after the highway that connects Rome to Teramo) shun the spotlight and have done almost no interviews or profiles, though they have certainly been asked. Rather, the indie moguls say they prefer to let their films speak for themselves — an anomaly in Hollywood, where executives usually push one another aside to claim credit for successes.

pic.twitter.com/etaj9xveUoHe added in a follow-up tweet: “Seriously though I’m so grateful to have gotten to work with such an amazing cast and crew and I’m glad I got to at least join some of them for the European screenings. Have the best of times tonight!”More to Asher Angel returns as Billy, with Zachary Levi once again playing the kid-at-heart superhero alter ego Shazam, bestowed with the powers of six gods: the wisdom of Solomon, the strength of Hercules, the stamina of Atlas, the power of Zeus, the courage of Achilles and the speed of Mercury.

Ramin Setoodeh Co-Editor-in-Chief At 11:30 p.m., Daniel Kwan was ready for a late dinner. The movie that he co-directed — “Everything Everywhere All At Once” — had swept the 95th annual Academy Awards, winning a historic seven statues, including best picture and best director. But he hadn’t had a bite to eat in hours. So at Vanity Fair’s annual Oscars party, he grabbed an In-N-Out burger from a tray to refuel. But before he could dig in, he was greeted by one of his many fans — named Steven Spielberg. The man who saw his cinematic memoir, “The Fabelmans,” get crushed by the Daniels (as Kwan and his collaborator Daniel Scheinert are called) didn’t seem the least bit upset.

DC Studios dropped the first trailer for “The Flash” during this year’s Super Bowl to much anticipation.

Bloomberg reported on Thursday and TheWrap independently confirmed.The name change is meant to signal that the service will not just be HBO Max with Discovery content, nor will HBO Max be ported over to Discovery+. “Max” is the leading contender, though Warner Bros.

Brian Steinberg Senior TV Editor Warner Bros. Discovery, which is struggling with billions of dollars in debt, is willing to pay more money to executives who might be able to help reduce it. The owner of HBO, Discovery Channel and Food Network said Monday in a filing with the U.S. Securities and Exchange Commission that it would pay out new rewards to CEO David Zaslav, six senior staffers and an unspecified group of others if they could meet certain goals of new generation of free cash flow. “The changes to the Warner Bros. Discovery executive compensation program are designed to further incentivize Company employees, including members of its leadership team and others whose efforts are critical to achieving the key near-term financial objectives of increased free cash flow and reduced leverage,” said WBD board chairman Samuel A. Di Piazza, Jr. in a prepared statement.“The WBD board is confident that these additional incentives offer a more competitive package against the backdrop of ongoing industry-wide transformation and economic headwinds, and better position the company to advance core drivers of shareholder value.”

Warner Bros. Discovery has tweaked its CEO’s employment contract, granting a bigger pot of restricted stock units but linking them to free cash flow targets.

With today’s “urgent reminder” directed to its membership, the Academy of Motion Picture Arts and Sciences again is doing its damnedest to get out the vote. The Oscar event is still a battlefield of “gold, sweat and tears” as portrayed in Oscar Wars, Michael Schulman’s new book, despite the ominous industry challenges.

Seven months after landing the highly coveted top jobs at Warner Bros. Motion Picture studios, Co-Chairpersons Michael De Luca and Pamela Abdy were bestowed with the PGA Milestone award tonight and paid respect for their mega industry mentors, remembered emotionally their cinematic NYC and New Jersey youths, and gave a huge shoutout to their new boss, Warner Discovery CEO David Zaslav.

Lord Of The Rings films, but not everyone is happy about it.Warner Bros Discovery’s CEO, David Zaslav, announced on an investors’ call on Thursday that a deal had been brokered to make “multiple” films based on J. R.

Middle Earth is returning to the big screen.

The obvious question in David Zaslav’s reveal today that Warner Bros/New Line intend to to head back into Middle-earth with rights owner Embracer and expand the Lord of the Rings franchise is this: What do the Kiwi creatives who architected the Oscar-winning, billion-dollar-grossing franchise feel about the whole thing?

The motivation for continuing to offer Discovery+ as a stand-alone streaming service after a combined offering with HBO Max debuts later this spring, is largely financial, Warner Bros Discovery CEO David Zaslav says.

Brian Steinberg Senior TV Editor David Zaslav sounds tired of taking lumps. After months of cost cutting, write-downs, and getting pilloried among Hollywood natives for killing projects, the Warner Bros. Discovery chief showed off some new truculence, making the case that while his newly-merged company has been having a tough time, so too were others. “‘Last year was a year of restructuring,” said Zaslav, during a call with investors Thursday. “This year will be a year of building.” Over the course of an hour, Zasalv and Gunnar Wiedenfels, Warner’s chief financial officer, made the case that their company was just as well-equipped as any of its rivals — perhaps even more so — to withstand a stormy era during which media companies are pressed to grow their streaming operations but maintain profitability. Zaslav elbowed Netflix for releasing all of the episodes for a program’s cycle all at once; suggested that a move to launch new “Lord of the Rings” movies would take away some of the momentum that Amazon had enjoyed from its launch of a series based on the novels; and told listeners Warner Bros. Discovery could launch an ad-supported streaming service without having to buy an outside asset, as Fox Corp. and Paramount Global had. “We can create a Tubi or a Pluto without having to buy anybody,” he boasted.

Call “2023 will be a year of building,” Warner Bros Discovery boss David Zaslav made a point today on the company’s latest earnings call to sing the praises of CNN’s “more inclusive range of voices and viewpoints.”

Warner Bros Discovery revenue fell 11% to $11 billion (or a drop of 9% when foreign exchange fluctuations are excluded), mostly due to advertising softness and tough studio comparisons.

Warner Bros. Discovery CFO Gunnar Wiedenfels today predicted the company will hit $4 billion in total cost savings from the merger of Discovery and Warner Media – up from a previous commitment to hit $3.5 billion.

New Line Cinema and Warner Bros Pictures have hammered out a new multi-year agreement with Embracer Group AB’s Middle-Earth Enterprises to team on new The Lord of the Rings movies. Warner Bros Discovery CEO David Zaslav dropped the news Thursday during the company’s call to discuss its Q4 2022 earnings results.

Matt Donnelly Senior Film Writer Warner Bros. Pictures is revamping the “Lord of the Rings” film franchise. On a Thursday earnings call, Warner Bros. Discovery CEO David Zaslav announced that newly-installed studio leaders Mike De Luca and Pam Abdy have brokered a deal to make “multiple” films based on the beloved J. R. R. Tolkien series. The films will be developed through WB label New Line Cinema. The first series of films, helmed by Peter Jackson, grossed nearly $3 billion worldwide. Embracer Group AB made the deal with he studio for adaptations of “Lord of the Rings” and “The Hobbit.”