Warner Bros. Discovery Has Been “Really Shut Down” By Strikes, CFO Says, But Free Cash Flow Is Rising As Company Is “Unable To Deploy Capital” For Production

Cynthia Littleton Business Editor AI, streaming residuals and minimum rate hikes will be among the key issues on the table when SAG-AFTRA and Hollywood’s largest employers sit down Monday for the first formal bargaining talks since the performers union went on strike July 14. SAG-AFTRA and negotiators for the Alliance of Motion Picture and Television Producers are expected to meet around midday at the union’s Miracle Mile headquarters at SAG-AFTRA Plaza. The talks follow the settlement the AMPTP reached last week with the Writers Guild of America after a 148-day strike.

Film extra Cristina Stanovici has detailed the severe injuries she suffered when she was hit by a speeding motorbike on the Glasgow set of the Batgirl movie.

Another GB News presenter says he has been suspended.

was unceremoniously shelved by Warner Bros. Discovery CEO David Zaslav last year, and actor Henry Cavill was fired from the role of Superman shortly after.

Matt Donnelly Senior Film Writer Lead negotiators for SAG-AFTRA and the Alliance of Motion Picture and Television Producers will head back to the table on Monday, Oct. 2, after a bitter concurrent strike led by the Writes Guild of America was resolved on Tuesday. “SAG-AFTRA and the AMPTP will resume negotiations for a new TV/Theatrical contract on Monday, Oct.

Brent Lang Executive Editor Shares of major media companies fluctuated on news that studios and streamers have reached a tentative agreement with the writers’ union on a new contract, potentially ending a strike that started in May. There are also hopes that a possible deal with the Writers Guild of America could set the stage for a similar pact with actors, who have been on the picket lines since July. The dual strikes have brought production to a standstill and could mean that several high-profile movies and shows are delayed.

After 146 days on the picket line, the Writers Guild of America (WGA) has struck a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) to end the writers’ strike.

according to Variety and other outlets. They called the new contract “exceptional” and said it would have “meaningful gains and protections for writers in every sector of the membership.”“What we have won in this contract – most particularly, everything we have gained since May 2nd – is due to the willingness of this membership to exercise its power, to demonstrate its solidarity, to walk side-by-side, to endure the pain and uncertainty of the past 146 days,” part of the email from the WGA Negotiating Committee states, Variety reported.“It is the leverage generated by your strike, in concert with the extraordinary support of our union siblings, that finally brought the companies back to the table to make a deal.”The likely deal comes as both sides took part in intensive bargaining over the weekend.There were signs last week that the strike, which brought Hollywood to a halt for 146 days, appeared to be nearing the end when the Writers Guild of America and the Alliance of Motion Picture and Television Producers issued a joint statement that they were back in talks.The Alliance represents studios, streaming services and producers in the negotiations.Union leaders met Wednesday with top studio bosses including Disney CEO Robert Iger, Warner Bros.

The WGA is heading back to the bargaining table with the CEOs of Netflix, Disney, Universal, and Warner Bros Discovery on Friday.

EXCLUSIVE: A second day of direct negotiations between the Writers Guild and studio CEOs has concluded this evening.

Jennifer Maas TV Business Writer Warner Bros. Discovery is giving DC Studios a primary production hub at its U.K.-based TV and film studio Warner Bros. Studios Leavesden, the home of HBO’s “House of the Dragon,” amid a sprawling plan to expand the location by more than 50% capacity and 10 sound stages.

Gene Maddaus Senior Media Writer The Writers Guild of America resumed bargaining with the major studios on Wednesday, as the 142-day writers strike closed in on a record duration. In a break from previous sessions, several top CEOs joined in the talks on Wednesday in Sherman Oaks. They were Bob Iger of Disney, Ted Sarandos of Netflix, Donna Langley of NBCUniversal and David Zaslav of Warner Bros.

Warner Bros. Discovery Germany boss Hannes Heyelmann has become the latest to exit from Gerhard Zeiler’s international team.

Todd Spangler NY Digital Editor The two Hollywood strikes that have ground TV and film productions to a standstill are bad for business — and Warner Bros. Discovery is working diligently to resolve them as quickly as possible, according to CFO Gunnar Wiedenfels. “It’s an unfortunate situation… We have to get back to work,” Wiedenfels said, speaking Thursday at the Bank of America Media, Communications and Entertainment Conference.

EXCLUSIVE: Fran Drescher is less concerned with meeting of several showrunners with WGA leadership this week and more concerned with studios and streamers getting back to the bargaining table to make a fair deal.

When it comes to Harry Potter and Fantastic Beasts franchise filmmaker David Yates returning to the Max TV series, he tells Deadline, “Never say never.”

Welcome to the 19th installment of Deadline’s Strike Talk podcast. It is a task Oscar-nominated filmmaker Billy Ray took on at the beginning of the Writers Guild strike against AMPTP, and who knew he would be engaged in it longer than it would have taken him to shoot a picture.

Lee” to the Michael Keaton-directed thriller “Knox Goes Away”) given the uncertainty about what has been agreed to. Still, buyers seem impressed with what’s available to purchase.

At its Max streaming event earlier this year, Warner Bros. Discovery confirmed a new era is coming for Harry Potter fans. The company announced a TV series based on all seven books about the boy wizard written by J.K. Rowling. See below for the most current answers to the most important questions about the project.

David Zaslav said today that Warner Bros. Discovery had anticipated putting Hollywood strikes in the rear-view mirror this month, but with no end in sight, “We are really going to fight to get this resolved.”