Gerhard Zeiler: Last News

Naman Ramachandran Robert Blair, president, Warner Bros. Discovery international TV distribution, is departing the company after 25 years. His position will not be replaced. In an internal memo to staff, seen by Variety, Gerhard Zeiler, Warner Bros. Discovery president, international, wrote: “Last year, we unveiled a new org structure for international, which we believed best positioned us for success at that time. But we also acknowledged that in an ever-changing industry and market, we would need to continue to evolve in a thoughtful and strategic way, along with the climate around us. Seven months into 2023, although we remain confident about our trajectory as a business, we are at another inflection point, and one where the global economy has not rebounded as quickly as we had hoped.

reported by Bloomberg, the show would be based directly on J.K. Rowling’s best-selling novels, with each season focusing on one book in the seven-book series.The potential series would not be based on an in-universe spin-off, such as the “Fantastic Beasts” films.The concept of one season per book suggests that the franchise would be an ongoing, years-long project from Warner Bros.Rowling is in preliminary talks to join the project as a producer and would have a degree of creative involvement, though she would not be the primary creator or showrunner of the series.Once Rowling is officially on board, the project is expected to look for a writer.There have long been talks about a “Harry Potter” television series, with rumors first sparking in January 2021 — although Warner Bros.

David Zaslav’s compensation for 2022 totaled nearly $39.3 million, hefty but well down from the previous year when the figure was swelled to $246 million by a large option grant.

Jennifer Maas TV Business Writer Warner Bros. Discovery chief David Zaslav’s pay package topped $39 million in 2022, down considerably from the staggering figure he hit in the year prior, thanks to a massive $203 million stock option. In a Wednesday Securities and Exchange Commission filing, WBD stated that president and CEO Zaslav’s exec comp package totaled $39.3 million last year. $3.1 million of that sum was his salary, with the rest being stock awards ($12 million), stock option awards ($1.4 million), non-equity incentive plan comp ($21.8 million) and “all other” compensation ($925,489). While Zaslav’s pay is down considerably from 2021, it’s important to note the reason behind this major dip is an unprecedented $203 million stock option grant that inflated his total 2021 compensation package to a staggering $246.6 million. (To give you a more reasonable idea of what Zaslav’s pay has been in recent years, his 2020 haul was a mere $37.7 million.)

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.”

K.J. Yossman The Royal Television Society (RTS) annual convention, which took place all day Thursday (Sept. 27) in London, U.K., brought together some of television’s biggest hitters including Warner Discovery, Disney, Sky, ITV and BBC. The title – and theme – of this year’s convention was “The Fight For Attention” and the broadcasters and content creators discussed challenges, strategy and sustainability, especially in the shadow of a looming recession. Undoubtedly, content is still the most important factor for broadcasters, streamers and viewers alike. “Content is still probably the most – for sure, in my opinion – the most important [factor],” in terms of consumer choice, said Warner Bros Discovery International president Gerhard Zeiler, who said that as well as continuing to invest in local content the company was of course investing in franchises such as Harry Potter, Game of Thrones and more. Unsurprisingly, Jan Koeppen, president of IP powerhouse The Walt Disney Company EMEA, also said that in an era of choice, content would be the deciding factor. Said Koeppen: “Even with economic woes that we have right now, people are going back to quality, and I think great content will win.”

Patrick Frater Asia Bureau Chief Online video is taking up the role of growth engine for the Asia Pacific video industry as free-TV in the region moves into long-term decline, says a new report. The video sector is forecast to remain robust this year, but recession could deal a blow to sector performance in 2023. Video sector revenues – defined as subscription fees and advertising generated by free TV, pay-TV and online video platforms – in 14 Asia-Pacific markets are forecast to will grow by 6.4% in the current year to reach $143 billion, according to Media Partners Asia.

K.J. Yossman Warner Bros. Discovery Intl President Gerhard Zeiler has set out the company’s post-merger strategy, re-iterating his belief in cinema as well as his commitment to “local stories,” despite the fact that HBO Max recently halted local original programming across a number of European territories, including in the Nordics, Central Europe, the Netherlands and Turkey. “If you want to be a global player, you have to have relevant local stories,” Zeiler said at the Royal Television Society’s (RTS) annual convention in London on Tuesday morning. “I mean don’t misunderstand me, the big kids will always be the Batmans, the Elvises, the Black Adams, which premieres next month here in the U.K.” He also pointed out that WBD invests in local films, citing productions in Japan and Germany, as well as streaming content.

Gerhard Zeiler has talked up the “development of franchises” including Harry Potter, DC and Game of Thrones as the key priority for the merged entity six months after he was handed the top international role.

Michael Schneider Variety Editor at LargeAfter weeks of speculation, Warner Bros. Discovery is ready to reveal some of the changes that will take place at HBO Max, in advance of next year’s anticipated combination of the HBO Max and Discovery+ streaming services. And as expected, HBO Max will downsize its reality programming department.

Patrick Frater Asia Bureau ChiefBig name executives including Kevin Mayer, Uday Shankar and Punit Goenka are among the headline speakers confirmed at APOS, the Asian media and entertainment conference, in September.Having been held in various online formats during the COVID pandemic, APOS is to return as an in-person event this year. However, it shifts from its usual April slot to Sept.

Manori Ravindran International EditorWarner Bros. Discovery has set out its long-awaited international leadership team under Gerhard Zeiler.Zeiler, as announced earlier this month, is the newly installed president of international for the merged company, and oversees the global channels business with a “dotted line” to international streaming lead JB Perrette.

The final bow has been placed atop the $40 billion merger of WarnerMedia and Discovery, forming one of the largest pure content players in the media business.

David Zaslav will have a tight grip on the operations of Warner Bros. Discovery under the management structure unveiled for the new company that is set to emerge on Monday, Variety has learned.Zaslav, as longtime observers predicted, has opted to have a direct-report relationship with the leaders of the businesses he doesn’t know as well as he does cable channels and advertising sales, per individuals close to the situation.