Following the launch, the bank anticipates “a slight pickup in net adds” as the company targets 130 million global subscribers by 2025. Goldman Sachs analyst Brett Feldman anticipates “modest net adds” for subscribers in the first quarter as the company prepares for its Max launch in the June quarter. The streaming business will see losses ease in 2023 and break even in the first quarter of 2024, “give or take,” CFO Gunnar Wiedenfels said in a March investor presentation.ĭhiab will also be keeping an eye on content developments related to the WGA strike and management’s views on streaming royalties, cost-cutting measures to continue reducing the company’s debt, the state of the company’s linear advertising and any color on the Max rebrand.

Gerber Kawasaki managing partner Hatem Dhiab told TheWrap that he will be watching for an update on the company’s path to profitability in its direct-to-consumer division.

How Will a Writers’ Strike Reshape TV? | Analysis

Discovery will be among the companies who have an easier time with the transition caused by the strike, analysts at MoffettNathanson wrote in a Wednesday note to clients, citing the company’s “outsized emphasis on sports and unscripted content.” “We’re optimistic that we can get through this in a way that’s fair to all parties involved.”īut he also emphasized that the company had a lot of content lined up in preparation for the strike and were “ready to to go guns blazing in terms of our product and our platforms around the world.” “I think our objective, that everybody gets fairly compensated for the work that they do,” he added. Discovery the tagline “the stuff that dreams are made of,” a nod to a line from the 1941 film “The Maltese Falcon” written by screenwriter John Huston. He’s repeatedly extolled the importance of storytelling to the company and even gave the newly formed Warner Bros. lot when asked about the then-looming labor conflict. “Everybody needs to feel fully valued from start to finish,” Zaslav said during an April press conference on the Warner Bros. Discovery’s David Zaslav Embraces Theatrical in Emotional CinemaCon Debut: ‘This Is Our Time’

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