Recent comments in /f/television

Chlodio t1_j9qxer4 wrote

It's an adaptation of trivia. Each champion has like 200-word background lore, and the show is essentially an adaption of Jinx's and Vi's lore.

The main lore of LOL revolves around two factions resettling their differences by playing a game in which they possess powerful individuals (like Jinx and Vi).

So, a proper adaptation of LoL would be Hunger Games mixed with Jumanji: Welcome to the Jungle (in which the Rock plays the game character, Dr. Bravestone who is possessed by a nerdy high schooler).

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lightsongtheold t1_j9qx5ts wrote

During a call with investors, Gunnar Wiedenfels, the company’s chief financial officer, indicated a new projection for $4 billion in cost savings by the end of 2024, a new target.

Oof! Expect a new raft of content being cancelled and disappeared! So much for the worst of the gutting being over.

Warner Bros. Discovery’s TV networks, which also include Discovery, CNN and Food Network saw revenue fall 6% to roughly $5.5 billion, with declines evident in affiliate fees as well as advertising.

Remember when Zaslav said cable was the future? Anybody on Wall Street still dumb enough to believe that utter tosh?

Studios operations saw revenue fall about 23% as the company’ collected less from licensing of its content.

So making less TV shows and movies resulted in less revenue for the studios? Who could have seen this coming when the gutted HBO Max, sold the CW (WBTV’s best buyer), and made a total arse of Warner Bros movie output due to lack of investment?

Meanwhile, losses in its streaming operations narrowed. The operating loss in its streaming operations came to $217 million in the quarter for its streaming assets, compared with pro-forma losses of $728 million in the year-earlier period.

Finally some positive news. For all the groaning that streaming is a bust Zaslav has actually got HBO Max close to profitability in less than 9 months in charge. Year on year losses have improved significantly and the overall quarterly losses are nothing like those we see at rival media companies like Disney, Paramount, and NBCU. These numbers are in line with the lesser players like Lionsgate and AMC. They will probably be profitable by 2024.

The bad news was streamers additions of just 1.1 million. Missing the 1.6 million forecast. The cuts are getting them on the fast track to profitability but the cost is stalled or anaemic growth. Be interesting to see the Q1 additions. They had/have practically no content for the first 2.5 months but the one show they did offer was a massively big budget show that has delivered both in terms of acclaim and viewership. They also finish Q3 with a burst of content like Succession and Perry Mason to spark new acquisitions. Which should put them in a better position for gains than we seen in Q4 when they had a completely dead December in terms of content.

The other good news was the speed of the debt repayments. Debt now $45 billion. Down $7 billion in just 9 months. That is very impressive and exactly what Zaslav and Malone need for keeping this pump and dump on schedule. A year or two more of this and they will have WBD looking like an attractive buy again with a far more reasonable debt load.

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TARSrobot t1_j9qv95k wrote

The Flash is receiving great feedback in test screenings, and WB will be screening it at CinemaCon two full months before it’s official release. Given the studio’s confidence in a film that’s had such a troubled production until Muschietti came along, I wouldn’t be surprised if they let him direct whatever he wants now.

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