Warner Bros. Discovery To Separate Linear From Streaming And Studios

Warner Bros Discovery is to bring in a new corporate structure that will see the creation of two separate divisions, Global Linear Networks and Streaming & Studios.

The never-ending cycle of merger and demerger is described as being “designed to enhance its strategic flexibility and create potential opportunities to unlock additional shareholder value.”

The two divisions will both come under the corporate wing of Warner Bros Discovery, but ultimately this could lead to a spin off of the channel assets. A sale of linear channels in the Nordics and Poland is already under consideration and is a reflection of similar moves within the big US networks. The future is clearly in streaming service Max and the production that feeds it.

“Since the combination that created Warner Bros. Discovery, we have transformed our business and improved our financial position while providing world class entertainment to global audiences,” said Warner Bros. Discovery President and CEO, David Zaslav. 

“We continue to prioritise ensuring our Global Linear Networks business is well positioned to continue to drive free cash flow, while our Streaming & Studios business focuses on driving growth by telling the world’s most compelling stories. Our new corporate structure better aligns our organization and enhances our flexibility with potential future strategic opportunities across an evolving media landscape, help us build on our momentum and create opportunities as we evaluate all avenues to deliver significant shareholder value.”

Its expected the new structure will be in place by mid-2025.

Last month, Comcast confirmed the separation of NBCUniversal’s cable television networks including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. It might be expected for a similar move to take place at Paramount Global once its new owners are in place.

Canal+ Extends Distribution Deal With Warner Bros. Discovery To Include Discovery, TLC, Cartoonito And Boomerang

Warner Bros. Discovery is pleased to announce the extension of the distribution of its emblematic children's channels, Cartoon Network, Boomerang and Cartoonito in CANAL+ offers in addition to their availability via Max. From today, Thursday November 21, 2024, CANAL+ subscribers can access these flagship linear channels via the Entertainment Pass and certain historic CANAL+ offers (Family, Complete pack) and benefit from the channels' on-demand service to catch up on their youth programs favorites after their TV broadcast.

This initiative is part of Warner Bros.’ commitment. Discovery offers diversified youth programming, suitable for all ages and the whole family.

Cartoon Network, with its popular series such as The Amazing World of Gumball and Teen Titans Go!, is aimed at children aged 6 to 12.

Boomerang, with its timeless classics such as Tom and Jerry and Scooby-Doo, is aimed at a family audience for moments shared between young and old.

Cartoonito, newly launched in 2023, offers content designed for young people, including programs from flagship Warner Bros. franchises. Animation or Cartoon Network Studio, appropriate for their age. Batwheels, Bugs Bunny Builders, Jessica and her little world, so many exciting stories to help little ones discover the world, open up to others and their emotions.

This extension of the distribution of Warner Bros. channels. Discovery Kids will offer families even more flexibility to follow their favorite children's programs, on-line or on demand.

In addition to France, the distribution partnership between CANAL+ and Warner Bros. Discovery Kids is strengthening with the upcoming arrival of Boomerang, Cartoon Network and Cartoonito in CANAL+ offers in the Antilles, Guyana, Reunion, Mayotte, Africa, the Comoros and New Caledonia/French Polynesia.

The article was published by RegularCapital and Overblog

Why Was TLC Moved From Channel 135 To Channel 125 On DStv?

Last month, it was reported MultiChoice had silently moved TLC from channel 135 to 125 or rather acquired the feed for viewers in the West and Eastern parts of Africa and expanded it to Southern Africa. Similar to the likes of M-Net and Nickelodeon, these endeavours had led these brands to become independent in South Africa.

These days MultiChoice tends to identify these international operations with the tag "Africa". Likely due to the fact that corporate tends to list their foreign business as MultiChoice Africa so this is likely where Paramount Global, M-Net and Warner Bros. Discovery got the names for Nickelodeon Africa, M-Net Africa and TLC Africa.

What's more odd is the variation of graphic designs between Nickelodeon Africa and Nickelodeon South Africa.

As reported sometime ago, MultiChoice and Warner Bros. Discovery gave very little publicity about the switch within Southern Africa causing confusion amongst viewers. Some were wondering why TLC channel 135 had been blocked (and if MultiChoice was looking to close yet another channel) while others why the content on channel 125 is lagging behind.

Through an enquiry with Warner Bros. Discovery this was their response:

As part of MultiChoice’s ongoing efforts to enhance their customers’ television viewing experience and delight them with content that resonates with them, MultiChoice refreshed its TLC channel for DStv on 15 August 2024 from channel 135 to channel 125.

TLC strives to create diverse and inclusive programming that resonates with a wide audience. However, we also respect the cultural and legal norms of each country where our shows are broadcast. Unfortunately, there are instances where certain themes may be restricted due to local regulations and therefore influence the programming in your country. The channel lineup will be adjusted to align with regional preferences. Some shows may be exclusive to a particular region. We apologise for any inconvenience and hope viewers continue to enjoy our other content.

How Warner Bros. Discovery May Look Into Rolling Out TNT Sports In Africa And Global?

TNT Sports is a brand name Warner Bros. Discovery which serves as the parent company had trademarked for its sports channels and prior a division within America. It currently maintains an active presence in Latin America, United Kingdom, Argentina and Chile with more international territories to be added.

After obtaining rights to select content from wrestling promotion All Elite Wrestling, Warner Bros. Discovery is planning/exploring to get this brand trademarked within Africa. The current structure of the brand has yet to disclosed but if we had to guess they'll be time sharing with the current TNT channel. 

Another would be obtaining a structure similar to that of ESPN channels on DStv which is basically a SuperSport Blitz infused channel with NFL and NBA. Or rivaling with SuperSport's WWE and making TNT Sports an AEW oriented channel with doccies, films and highlights. 

Warner Bros. Discovery already operates the Eurosport channel in parts of Europe and with its division branded TNT Sports International. That is likely to all fold under one branding and the only other means Warner Bros. Discovery has in the establishment of such brand.

On top of licensing agreements, Warner Bros. Discovery is also producing original content so similar to Cartoonito's rollout globally. The likely scenario is that content from TNT Sports will just pop-up on Eurosport in an attempt to get consumers accustomed to a new brand name. 

Eurosport is basically SuperSport so there's not really much it has to offer for consumers in Africa that consumers aren't getting. There's a bidding war various sporting events and Warner Bros. Discovery wouldn't be able to outbid a broadcaster like SuperSport for something like PSL.

The question arises as to how Warner Bros. Discovery would balance a wider collection of sports content onto TNT's existing offering. For decades even dating back to TCM, it garnered prestige for its movies lineup and AEW's inclusion has caused conflict which led to numerous timeslot changes.

Cartoon Network's Future In Doubt As Warner Bros. Discovery Pulls The Cord On Its Website

During the week, it was announced that Warner Bros. Discovery had closed/merged Cartoon Network's websites in America with the Max streaming service. Home to clips, video games and and other content from various shows on the network had been axed without prior notice. 

According to Warner Bros. Discovery who have accumulated 40 billion dollars in debt making a sale impossible less people people were using this website. So they'll put more focus on Cartoon Network as a channel alongside its multiple social platforms including Facebook and YouTube. 

Whenever users try to access CartoonNetwork.com consumers are being directed to Max probably an attempt to get consumers to pay. What is also odd in this scenario is that all of Discovery's channels websites even Adult Swim were unaffected unlike Cartoon Network. 

Now questions amount to whether a similar fate could await consumers in Europe and other parts of the world as well. Warner Bros. Discovery is technically insolvent and the only option they have is to sell portions of the company in order to reduce their expenses if not close them.

Although the linear part of Cartoon Network remains intact in other countries whose to say that this will be like that for the foreseeable future. Look at Paramount for starters before Skydance made its bid to acquire the company a lot of feeds within Europe for the MTV and Nickelodeon channels had merged.

On top of that, Nickelodeon Africa's Facebook page had a regional block (for some weird reason) and consumers were redirected to one used by America while the page continued adding new content. Whose to say that Cartoon Network may not as well undergo a similar fate as Nickelodeon. 

There's a lot of fear amongst consumers of Cartoon Network potentially shuttering its doors or for Adult Swim to someday takeover its operations. It has more hours on the channel in America than Cartoon Network itself on top of that there hasn't been much content coming to the channel. 

That's exactly what happened with Boomerang before becoming Cartoonito in other parts of the world. It started out as a block on the channel before gaining more hours and taking whatever content was left of Boomerang while others like Mr. Magoo reverted to Cartoon Network. 

America's TruTV Becomes TNT Sports In October

Warner Bros. Discovery (WBD) has announced that it will rebrand TruTV’s primetime lineup as “TNT Sports” beginning this October, which could be a seismic shift for sports broadcasting and wrestling entertainment.

The news came from WBD CEO David Zaslav during the company’s Q2 earnings call. This move is seen as a potential win for All Elite Wrestling (AEW) amid ongoing talks about its future on WBD networks. Media analyst Brian Steinberg tweeted details of the rebranding strategy, noting that TruTV will transition to become a home for sports under the TNT banner.

According to sources, this new programming block will operate similarly to Cartoon Network’s Adult Swim block, which functions as its brand despite sharing channel space.

Strategic Sports Expansion

The focus on sports is timely for WBD after NBA broadcasting rights recently shifted to Amazon Prime.

With AEW potentially joining Ring of Honor (ROH) whose importance within AEW Khan said has not been overstated but was not yet confirmed for TV on WBD airwaves at some point soon, it would appear the company wants more hours of live sports content under its belt.

In fact, Fightful’s Sean Ross Sapp pointed out earlier today that AEW talents are being featured prominently in early promotions for “TNT Overdrive,” suggesting Khan’s team will play a key role in the new TNT Sports lineup that night -- and grow more influential within the broader sphere of televised athletics-entertainment.

At present, though, these are only good signs; Khan himself called talks with WBD “complicated," but recently expressed optimism following a meeting with Zaslav during the Olympics when reached by @SeanRossSapp. The exclusive negotiating window between parties expired yesterday, allowing AEW to engage with other networks unless/until WBD closes a deal.

Regardless of whether or not anything comes from current conversations between AEW and WBD, the ripples from this news could fundamentally change how wrestling is presented to audiences, aligning AEW with WBD’s rekindled focus on sports and entertainment.

Such an alliance would be expected to ensure All Elite Wrestling continues growing as a major player in the increasingly crowded field of televised athletics entertainment.

Warner Bros. Discovery Exploring Potential Sale Of Assets To Avoid Breakup

Warner Bros Discovery’s senior management is looking to avoid a break-up of the company as executives race to reverse the Hollywood group’s plunging share price, according to people familiar with the matter. 

Following a fall of almost 70 per cent in its stock price since WBD was formed in 2022, chief executive David Zaslav and chief financial officer Gunnar Wiedenfels have recently evaluated “all options” to arrest the decline, said two people familiar with the matter. 

However, senior executives who carried out a detailed analysis of the consequences of a split have determined that fencing off the group’s declining television channels from its streaming and studio business was not the best option at this time, according to people familiar with the discussions. 

The Financial Times reported last month that WBD — which owns HBO, the Warner Bros studio and CNN — was drafting a break-up plan. 

But while such a split initially looked “compelling on paper, it would create very significant operational challenges: doing sports rights deals, determining what goes on linear [television] or what goes on [direct to consumer streaming] and when”, said a person who was involved in the deliberations.

“In the best-case scenario, you’d be dealing with years of legal challenges”, the person added. 

A company spokesperson declined to comment.

Breaking up the storied Hollywood group would be likely to trigger lawsuits from debt investors, while also complicating the use of Warner’s content across various platforms and networks, said the people familiar with management’s thinking. 

A corporate break-up was viewed as the “nuclear option”, said another person close to WBD’s management, but they cautioned that the situation was fluid and circumstances could change. 

Zaslav and Wiedenfels are instead looking to offload smaller assets. They are considering offers to sell Polish broadcaster TVN or a stake in Warner’s video games business, which holds valuable intellectual property to Harry Potter games, said people familiar with the matter.

WBD’s management hopes investors will remain patient as they work to turn around the company, they said, believing its true market capitalisation should be about $60bn, or $25 a share, well above the $7.88 at which it closed on Monday. WBD’s stock was down another 5 per cent in late-morning trading on Tuesday.

The group was formed in April 2022 out of a merger that was meant to help two legacy media companies, Discovery and WarnerMedia, compete in a brutal streaming battle with Netflix and Disney. 

However, it has struggled to convince Wall Street, which has sliced its valuation and put pressure on WBD’s management, to take action. The company is set to report its quarterly earnings on Wednesday. 

Since the merger, the group has focused on cutting costs and paying off debt, introducing several rounds of lay-offs and selling assets such as All3Media, the UK production company behind Fleabag. 

Its news channel, CNN, last month laid off about 100 employees, or 3 per cent of its staff, as part of a digital turnaround strategy. While WBD’s management has been keen to sell assets, the bar for divesting CNN would be “very, very high” because of its strategic importance as well as the tax implications of a deal, said one person familiar with the matter. 

This person added that WBD considered it unlikely that there would be an offer compelling enough to offset these concerns.

“[Zaslav] has also been very clear that he views CNN as a strategic and reputational asset. It is one of the flagship networks that helps us on the affiliate side,” they said, referring to the payments cable companies make to television networks to run their programming. 

Overall, WBD “should be worth significantly more. It shouldn’t take another two to three years to get there,” the person said. “But the market is tough right now and a lot of things have to go well”. 

This story was originally published by The Financial Times

Warner Bros. Discovery Will Be Shutting Down The Boomerang Streaming Service By The End Of September

Warner Bros. Discovery announced today that the standalone video streaming app and website for its Boomerang service, which is dedicated to classic cartoon brands, will be shut down on September 30 of this year. Boomerang content will be added to WBD’s Max platform as the company moves to consolidate its streaming services.

Current Boomerang subscribers will see their accounts automatically converted into Max ad-free plans at their same payment rate. Existing login credentials will also be ported to Max.

Boomerang is the WBD branded home for well-known animated content from the Warner Bros. library, including Hanna-Barbera and Ruby-Spears favorites like Scooby-Doo, The Jetsons and Tom & Jerry as well as the iconic Looney Tunes banner.

The statement from WBD to Boomerang subscribers reads:

Hey folks,

We’re reaching out to let you know that Boomerang will be moving to Max, and as of September 30th, the Boomerang app and website will no longer be available. The exciting news is that your Boomerang subscription will automatically transfer to Max (Ad-Free) with no change to your subscription price until further notice!

Here’s what you need to know:

Logging In: Starting September 30th, you can log in to Max using your Boomerang email and password.

Kids Profile: We’ll have a Kids Profile set up in your account, allowing you to set parental controls and ratings restrictions.

Max Content: On Max, enjoy loads of Boomerang fan-favorites with Scooby, Bugs Bunny, Tom & Jerry and more! While some Boomerang content may not be available, you’ll have access to Max’s full catalog of iconic series, hit movies, fresh originals, breaking news, and family favorites including The Amazing World of Gumball, Teen Titans Go!, LEGO Batman and more.

Billing: Throughout September, Apple will be transitioning your billing from Boomerang to Max.

Warner Bros. Discovery's Plan To Split Up Studios From Cartoon Network And HBO Could Come With Everlasting Effects

Warner Bros. Discovery after accumulating so much debt even after the formation of Discovery and WarnerMedia is exploring a separation of assets. This would see Warner Bros. Studios operating independently away from linear brands like Cartoon Network and HBO.

With that huge debt, no company can afford it to absorb it unless some cost cutting measures were implemented in an attempt to reduce that debt. The only other option in mind at this point would be splitting up as seen prior or selling assets separately. 

Separating Cartoon Network from Warner Bros. Studios could come with various risks like if there's no funding coming from Warner Bros. Discovery how will it survive. Even if the idea were to sell, Cartoon Network could become more like The CW and TBS.

It could lose credibility and give brands like Nickelodeon and Disney Channel more of an advantage. Maybe, it's possible that the channel could survive the purge and build similar positioning to DreamWorks and Moonbug which serves as promotional. 

Cartoon Network unveiled several new projects at Annecy like Foster's Funtime For Imaginary Friends, an untitled Regular Show series and Scooby-Doo! Go Go Mystery Machine. These are likely projects they want to distribute on other platforms.

Max had join the likes of SABC+ and BBC iPlayer platforms with little to no original content as they shift focus on archived material. Those titles are likely being shipped from platform to platform.

The splitting of Warner Bros. Discovery also guarantees job losses and the possibility of cord cutting. If two people were managing TNT and TBS separately they could let go of one and also seek to merge TNT and TBS alongside its programming. 

Warner Bros. Discovery was operating independently in other countries with Warner TV and Cartoon Network continuing to add new content. There's no guarantee that the services in those markets will stay afloat especially if the lot depend on its studios for survival. 

Disbanding. Warner Bros. Discovery Looking To Disinvest Or Split Up Assets To Minimize Overflow Of Debt

Warner Bros Discovery has discussed a dramatic plan to split its digital streaming and studio businesses from its legacy television networks as the US media giant behind CNN and HBO weighs options for boosting its sagging share price.

People familiar with the matter said chief executive David Zaslav was examining several strategic options, ranging from selling assets to hiving off its Warner Bros movie studio and Max streaming service into a new company unburdened by most of the group’s current $39bn net debt load.

WBD, whose market capitalisation has fallen by a third to about $20bn in the past year, has yet to hire an investment bank to initiate any specific transaction, but its top management has been talking to advisers to find a solution in shareholders’ best interest, people briefed on the matter said.

WBD’s biggest backers include cable billionaire John Malone and the Newhouse family, which controls Condé Nast.

People close to WBD have also informally approached advisers to rival media groups to understand if they would be interested in exploring M&A options with some of its existing assets, one person said.

WBD reportedly considered earlier combinations with both Comcast’s NBCUniversal and Paramount, which has since agreed to sell itself David Ellison’s Skydance studio. Both have legacy television assets and subscale streaming platforms.

WBD declined to comment. People familiar with the matter said WBD could still ultimately decide to continue operating as it is currently structured.

A break-up appears to be the strongest option, these people said, and most of its debt could remain with the mature pay-TV networks business in such a scenario. That could help the faster-growing streaming spin-off achieve a higher valuation multiple, but one person familiar with the matter said WBD’s management was aware of the risk of crossing creditors.

Analysts at Bank of America have warned that such a split could have a “potentially devastating” impact on bondholders, and WBD rival Lionsgate recently faced a creditor revolt after separating its Starz pay-TV network. A person involved in the discussions noted that WBD’s debt was raised in a lenient environment with few covenants preventing such financial engineering.

The “strategic spin-off” idea under consideration would create a company made up of WBD’s legacy television assets, which have experienced a decline in revenues despite still generating most of its cash flow. Much of WBD’s heavy debt load would be housed in the TV group, leaving the faster-growing streaming and studio business with fewer borrowings and more flexibility to invest in growth.

The discussions reflect wider concerns about WBD, whose shares have fallen by about 70 per cent since AT&T spun off Warner Bros and it merged with Discovery two years ago. They have been hit by a cratering advertising market, the high costs of developing its streaming offering, the Covid-19 pandemic, Hollywood strikes and some expensive flops.

WBD has slashed costs and paid down debt, but in February the stock dropped 10 per cent after its chief financial officer said he could not give projections for free cash flow this year.

BofA analyst Jessica Reif Ehrlich wrote this week that WBD’s “current composition as a consolidated public company is not working”. It should explore asset sales, restructuring and mergers, she argued, even as she acknowledged that the potential for a creditor backlash to a spin-off meant “the optics are not ideal”.

Rogers Communications Creates Content Partnership With NBCUniversal For Bravo And Warner Bros. Discovery For Factual Entertainment

Rogers Communications has agreed to bring content from NBCUniversal and Warner Bros. Discovery to streaming platforms in Canada.

The Canadian telecommunications company said Monday that it has penned multi-year deals with the two U.S.-based mass media and entertainment companies

Starting in September, Rogers will Launch NBCUniversal's Bravo channel in the country and will become the English-language television content rights holder in Canada.

A few months later in January, Rogers will be the distribute Warner Bros. Discovery's U.S. lifestyle and factual brands, including HGTV and The Food Network.

Rogers said it will work with Canadian distributors to make the content widely available, and that it will increase its investment in original Canadian content and collaborate with Canadian independent producers.

HGTV To Cash In On MENA Commercial Opportunities With Ad-Sales Launch In August

HGTV, a major home and lifestyle channel, will launch ad sales opportunities in the Middle East and North Africa (MENA) this August. The Warner Bros. Discovery-owned channel delivers family stories, real estate and renovation experts as well as home transformations. It ranks among the top ten cable networks in the United States, reaching 88m households.

Starting in August, HGTV will offer companies the opportunity to advertise their brands, products and services to local and international brands in the MENA region. HGTV will offer comprehensive content solutions including on-ground activations, digital, on-air and content creation opportunities.

Elaborating on the company’s commercial strategy this summer, Layla Tamim, Director of Ad Sales MENA and Digital CEEMENAT at Warner Bros Discovery, remarked: “HGTV is one of our flagship channels, and we are thrilled to integrate it into our commercial offerings alongside Fatafeat, Discovery, TLC, and our Kids channels Cartoon Network and Cartoonito. Within our Warner Bros. Discovery portfolio, each channel brings a distinct range of content. With the inclusion of HGTV, we empower our partners to engage directly with enthusiastic viewers who appreciate home makeovers, DIY projects, décor inspirations, as well as uplifting family narratives.”

Some of the content highlights this summer on the channel will include My Lottery Dream Home, where David Bromstad takes recent lottery winners on over-the-top house hunts for their new dream homes. Other summer programmes to watch out for include Who’s Afraid of a Cheap Old House?, hosted by historic house experts Ethan and Elizabeth Finkelstein, who help homebuyers find old properties and restore them to new glory; and Battle On the Beach, where Taniya Nayak, Ty Pennington and Alison Victoria are back to mentor three new teams of talented up-and-coming renovators.

Reminder: Cyrus Entertainment Inc. Current Agreement With Warner Bros. Discovery Set To Expire By 31 December 2024

Corus Entertainment Inc. (TSX: CJR.B) (“Corus” or “the Company”) is providing an update today that it has been informed by Warner Bros. Discovery, Inc. that some of its programming and trademark output arrangements will not be renewed upon their expiry on December 31, 2024. This affects content on certain Corus-operated specialty channels. Corus does not currently expect changes to the programming of the channels until 2025.

“I want to reinforce Corus’ intent to continue operating the country’s largest and most widely distributed lifestyle channels based on the strength of top-rated Canadian programs and alternate foreign content supply,” said Troy Reeb, EVP, Networks and Content of Corus. “We have an exceptional fall schedule coming in September and a vast amount of Canadian and U.S. content to carry us into the future.”

“This is an unfortunate example of inequitable structural relationships in the Canadian media and telecom industries, particularly affecting independent broadcasters like Corus,” added Doug Murphy, President and Chief Executive Officer of Corus. “It highlights the urgent need for regulatory reform, including to rules affecting how market-dominant players interact with suppliers and competitors. Corus intends to explore all potential remedies. We look forward to adapting and advancing our strategies while we pursue new opportunities through our other content suppliers.”

Corus is Canada’s largest independent media company, delivering diverse entertainment options and award-winning news across its 15 Global television stations, 33 specialty channels, 39 radio stations, and streaming services including STACKTV and the Global TV app.

CNN Might Be Looking To Rival With News24 And BusinessLive With The Launch Of A Subscription Service

CNN started to require heavy users to create an account with a username and password to continue reading CNN stories once they hit a daily limit of articles, according to a report from Axios.

CNN CEO Mark Thompson has been testing ways to get consumers to pay for a subscription to the company’s digital products. Making the site’s heavy users already signed up for an account could make moving them to a paid service easier.

The idea is not new; many news sites have been doing this. Political and The Guardian have both added similar registration walls. Other news sites have for a long time been behind a paywall not only forcing you to create an account but also pay to read most of their content.

Websites are facing some of the same issues TV companies are. Weak ad sales have driven down the amount of money people are paying when it comes to cable networks. The lower payouts for ads have also impacted websites, like CNN, leaving them to try and find ways to replace the lost revenue. 

Sources: Axios, Cordcutter News

Cartoonito's International Expansion Continues As It Replaces Boomerang In South Korea

Cartoonito is an international channel operated by Warner Bros. Discovery dedicated to preschoolers and families. Since its launch in 2021, the channel had garnered traction globally for shows like Bugs Bunny Builders, Batwheels and Masha And The Bear. 

Since 2022, Cartoonito has replaced various Boomerang feeds in Latin America, Turkey, Europe and Africa. With the United States, Taiwan Oceania and South Korea serving as one of the few markets where content is allocated on Cartoon Network. 

Through a promo, it was revealed Boomerang would rebrand to Cartoonito in South Korea from July 1st with the region serving as a late entry.

It is currently unknown how much content from Boomerang would fold under Cartoonito when the rebrand occurs. However, Jessica's Big Little World will form part of the launch lineup alongside Lamput, Esme & Roy and Bugs Bunny Builders. 

Warner Bros. Discovery's decision for replacing Boomerang with Cartoonito in EMEA which might be contributing factor in South Korea:

"We are aligning with our international strategy as Cartoonito is now a global brand for the company and all Boomerang channels in the Europe, Middle East and Africa (EMEA) region will become Cartoonito." "Everything depends on a country-by-country basis since the pipeline of brands we have is not the same in every country, but overall that's the strategy."

Warner Bros. Discovery Looking To Bundle Max With Other Streaming Services In Parts Of Europe And Africa

Following the first phase of the recent WBD’s European roll out of Max, Leah Hooper Rosa, EVP of EMEA Streaming, the company’s goal is to operate across all major markets, including the UK.

She said she expects to see more conversations in the future about launching Max in the UK. WBD previously announced it plans to launch service Max in the country by 2026. The media and entertainment powerhouse currently has a long-running licensing partnership with UK pay TV operator Sky, for its HBO content which runs until the end of 2025.

Hooper Rosa, said, “We’re in the game now of we want to be a top three global streaming service. That’s our ambition.”

“We’re on a multi-year journey in terms of our Max roll out across Europe. We’re actively in conversations. Our CEO and Gerhard Zeiler (president of WBD International)  have also shared with partners and working out what that would look like,” she added.

Referring to the company’s recently partnership with Disney to offer a bundle including Disney+, Hulu and Max in the US, Hooper Rosa said – “it’s natural that we see those types of things move into Europe”.

The streamer has launched across Europe in partnership with telcos and pay TV provider in select regions.

“We haven’t seen too many types of those relationships yet in Europe with other streamers doing streaming bundling. But I think there is an opportunity for that in the future and we’ll see how consumers react to that,” she added.

Max debuted in Iberia, the Nordic markets and parts of central and eastern Europe earlier this month, as part of a staggered roll-out for simplicity, said the WBD exec. Further launches are planned for France, Poland, the Netherland and Belgium June.

Currently the streamer is available in 20 countries, including Denmark, Finland, Norway, Sweden, Spain, Portugal, Andorra, Bosnia & Herzegovnia, Bulgaria, Croatia, Czech Republic, Hungary, Moldova, Montenegro, North Macedonia, Romania, Serbia, Slovakia and Slovenia.

At present, WBD will only introduce tis Max’s ad-supported subscription plan in Norway, Sweden, Denmark, Finland, Netherlands, Romania, Poland, France and Belgium.

For their strategy in Europe she explained, “its really a combination of the maturity of the ad market in those regions and the of maturity of our business because we need to be able to sell ads or to be able to have the capability to work with a partner.”

Max also offers a sports add-on, providing coverage of major international and European sports including Australian Open, Roland-Garros, The Championships, Wimbledon, US Open, Giro d’Italia, La Vuelta a España, Tour de France, and every major winter sports World Championship and World Cup events.

As part of the move, Hooper Rosa said it will be scaling back its content across its other streaming services including discovery+ where Max is present, which was the streaming home for WBD’s sports content across the company’s European markets.

“Max is our flagship streaming service,” she said. “So what we’re doing now is a  wind down across Europe of our other streaming services. It’s really on a market by market basis of how we’re managing that transition.”

Warner Bros. Discovery Hinting At More Mergers And Acquisitions Through Interviews

Warner Bros. Discovery, just over two years after closing the merger of WarnerMedia and Discovery, will be “opportunistic” about seeking M&A deals in the next two or three years, president and CEO David Zaslav said.

“I think some companies will be for sale,” Zaslav said, speaking Thursday at the Bernstein 40th Annual Strategic Decisions Conference in New York. “We can be opportunistic but we’re going to be very disciplined.”

“I think there’s likely going to be some consolidation. There are a lot of players. There are a lot of players that are losing a lot of money,” Zaslav said. “One of the reasons why we really fought to drive our free cash flow and pay down our debt is to be in a position — as we roll out globally, as we fight to build our business — that we’re a healthy company.”

Speaking of losing money, Warner Bros. Discovery reported full-year 2023 revenue of $41.3 billion, down 4% on a pro-forma basis, and a net loss of $3.13 billion (versus a net loss of $5.36 billion on a pro-forma basis in 2022). The media conglomerate during the first quarter of 2024 repaid $1.1 billion of debt to end the quarter with $43.2 billion of gross debt.

“Over the next two to three years, I expect that there’s going to be some opportunities,” Zaslav said. “There’ll be some players that want to get out of the business, that will look to consolidate their streaming businesses with others. And so I think we will look to be opportunistic during that time,” he said, adding that he believes there will be 4-5 dominant global streaming platforms as things shake out.

“The global nature of this business is going to require a number of players to decide whether they want to go it alone,” according to Zaslav. He said “consolidation can happen in a lot of different ways,” including through bundling — such as WBD and Disney’s forthcoming Disney+/Hulu/Max bundle — and he also suggested “over the long term some of the smaller players in streaming will end up wanting to be part of a bigger global organization.”

Regarding Paramount Global — which has been in talks about a potential sale to Skydance Media and has been reviewing a joint bid from Sony Pictures-Apollo — Zaslav didn’t address WBD’s recent interest in exploring a merger with the company, but he commented in a lightning-round Q&A about Paramount, “Great storytelling heritage.” Zaslav met briefly late last year with Paramount’s then-CEO Bob Bakish to size up a potential merger but those talks didn’t continue.

Was Toonami Initially Meant To Be The Official Broadcaster Of All Elite Wrestling And Adult Swim In Africa, Here's Why?

Toonami is an animation brand operated by Warner Bros. Discovery that catered for young adults. It is home to DC legends such as Batman, Superman, Green Lantern and Justice League alongside anime like DragonBall and Inazuma Eleven.

It was also home to select shows from Cartoon Network like Secret Saturdays, Symbionic Titans and Ben 10: Omniverse.

As some readers are aware, Toonami once resided in France and since last year had been folded under Warner TV. Although various content from Toonami remained intact, Warner TV isn't necessarily a youth oriented but more youth infused.

Warner TV was being structured as a TV channel for archived material from Warner Bros. Studios and this includes content from Adult Swim. This came in celebration of their 100 year anniversary with expansion plans still underway across Europe.

Now from what some recall here, the same people who operated Toonami (now Warner TV) in France also managed the feed in Africa. By the time the feed transitioned from a children's channel to an adult channel a similar outcome awaited Africa. 

Unlike France, Africa's feed didn't offer any content from Adult Swim or wrestling promotion, All Elite Wrestling. Toonami was reduced to content from its current trademark, anime and DC shows.

Although the latter skipped Toonami, Warner Bros. Discovery did however acquire rights to these titles for TNT. Estimated guess for this was accessibility, Kwesé TV had exclusive rights to Toonami at the time but it wasn't accessible as MultiChoice's DStv.

Another reason, Kwesè TV had shuttered their doors in 2018 and Toonami was running through laps to retain their presence. It was on Cell C's Black until it closed a year later with MultiChoice and StarTimes that only revived it by 2020.

During this time, Toonami in France had acquired rights to both Adult Swim and All Elite Wrestling. Interesting to note, TNT also garnered rights to Adult Swim (temporarily) within that timeframe with All Elite Wrestling that followed a year after Toonami's relaunch. 

This timeframe could corporate with the possible inclusion of Adult Swim and All Elite Wrestling on Toonami in Africa. 

Disney, Fox and WBD Unveil Name of Sports-Streaming Venture: Venu Sports

The joint venture of Disney/ESPN, Fox Corp. and Warner Bros. Discovery to package together a sports streaming bundle has a name — Venu Sports.

“We are excited to officially introduce Venu Sports, a brand that we feel captures the spirit of an all-new streaming home where sports fans outside of the traditional pay TV ecosystem can experience an incredible collection of live sports, all in one place,” Pete Distad, CEO of Venu Sports, said in a statement. “As preparations for the platform continue to accelerate, we are singularly focused on delivering a best-in-class product for our target audience, built from the ground up using the latest technologies to engage and entertain discerning sports fans wanting one-stop access to live games.”

Disney, Fox and WBD unveiled their partnership in February, positioning the new streaming bundle as a way to reach consumers who don’t subscribe to pay TV. It’s pegged to debut in the fall of 2024. The trio in March announced the hiring of Distad, who worked for a decade at Apple and most recently was responsible for Apple TV+ business, operations and global distribution. Distad is based out of the Venu Sports offices in L.A.

Pricing and a specific launch date haven’t been announced for Venu, which will combine ESPN+ with the three companies’ linear TV networks that carry sports programming (ABC, ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNews, Fox, FS1, FS2, Big Ten Network, TNT, TBS and truTV).

When the joint venture was announced, some had jokingly dubbed it “Spulu,” a mash-up of “sports” and “Hulu,” which had originally been formed as a JV among TV broadcasters.

The venture also launched a new website at venu.com. A notice at the bottom of the landing page says, “Launch is conditional on receiving regulatory approval and is expected for Fall 2024.” The site’s terms of service indicate that it’s operated by “Rookie Enterprises, LLC,” a subsidiary of Fox Corp. In announcing the new name, the three companies also noted that the JV is still pending the “finalization of definitive agreements amongst the parties.”

The Justice Department reportedly has planned to review the three-way venture to look at anticompetitive implications, and last month two leading congressional Democrats expressed concerns that the JV may “result in higher prices for consumers and less fair licensing terms for upstream sports leagues and downstream video distributors.” Meanwhile, streaming TV provider Fubo filed a federal lawsuit seeking to block the JV service’s launch, alleging the venture violates antitrust laws. On May 2, Fubo, DirecTV, Dish Network, Newsmax and others sent a letter to members of Congress calling for hearings on the state of competition in the pay-TV market, specifically calling out the Disney-Fox-WBD joint venture as “rais[ing] serious competition concerns that call for Congress’s immediate oversight.”

Venu (pronounced “venue”) will be made available directly to consumers via a new app, the companies said. Subscribers will also have the ability to purchase it in a bundle, including with Disney+, Hulu or Max.

The JV’s new name and brand identity were developed in partnership with R/GA, a global design and advertising firm. According to a spokesperson for the company, the Venu Sports name “takes inspiration from where live sports lives: the stadiums, arenas, speedways, octagons, courts, rinks, ballparks and more, where fans come to watch and connect with the action.”

"In The Pipeline": Warner Bros. Discovery Over The Inclusion Of TNT Sports In Africa

During the year, Warner Bros. Discovery had launched TNT Sports in the United States after residing within Europe and Latin America for sometime. Unlike these territories, TNT Sports offering is being tested on TruTV leading to a possible rebrand.

After the merger of WarnerMedia and Discovery Inc. and also the rise in streaming. The company had made several cuts across their linear platforms with TruTV and TNT in the U.S. on limbo for sometime struggling to find purpose in this shake-up. 

TNT Sports is sort of Warner Bros. Discovery competitor to Disney's ESPN and M-Net's SuperSport. After adding All Eite Wrestling (AEW), plans are underway to include more sports themed programming ranging from series, films and documentaries. 

Sports is an essential part of our daily culture as it brings people together and with the dismantling of linear TV which led to the decline in audience share. Sports managed to retain its portion and has been described as the biggest money grabber.

There's been questions as to whether TNT Sports could be something explored within Africa I mean it wouldn't come as a surprise. TNT Sports already has a presence in other countries and also further action from All Elite Wrestling is on TNT.

In a response to a media enquiry:

Yes, it's in the pipeline.

Taking to account, TNT Sports in the latter are TV channels the one residing within Africa might be folded under TNT as a programming block. As mentioned, All Elite Wrestling is accessible on TNT and that includes Rampage and Dynamite to PPVs like Battle Of The Belts.

If anything, they still haven't obtained other PPVs from AEW such as Road Rager, Homecoming and Blood & Guts something that could rollout on the anticipated sports brand. 

As for other sporting events, SuperSport holds rights to most of them within Africa this includes Formula E, Moto GP and UEFA Champions League. If anything, TNT Sports could be an AEW tailored brand with other content added to the mix.