Fri. Jul 5th, 2024

John Oliver Tears Into New Warner Bros. Discovery Bosses for ‘Burning Down Network’<!-- wp:html --><p>HBO</p> <p>Last week, Warner Bros. Discovery announced on its Q2 earnings call that it was not only planning to merge HBO Max and Discovery+ into a single streaming platform, but that it would also be <a href="https://www.thedailybeast.com/this-hbo-max-and-warner-bros-discovery-drama-is-a-big-depressing-mess">killing a number of projects for tax write-offs</a> presumably to compensate for its low earnings-per-share. A regulatory filing clarified the sum: an $825 million write-down. </p> <p>Among the projects receiving the chop were a $90 million Batgirl film that was well into production and the animated feature Scoob!: Holiday Haunt, both of which were set to premiere on HBO Max. They also shut down a Wonder Twins film, a number of shows at TBS and TNT (e.g. Chad, Full Frontal with Samantha Bee, The Last O.G., and Snowpiercer), and, of course, CNN+. </p> <p>While discussing the U.S.’s embarrassing monkeypox vaccine rollout, and how the country let 20 million doses of the monkeypox vaccine expire, <a href="https://www.thedailybeast.com/john-oliver-gleefully-mocks-alex-jones-over-defamation-trial-screw-up">John Oliver took a few shots</a> at the much-discussed merger on Sunday’s edition of Last Week Tonight—airing on the Warner Bros. Discovery-run HBO.</p> <p><a href="https://www.thedailybeast.com/john-oliver-tears-into-new-warner-bros-discovery-bosses-for-burning-down-network?source=articles&via=rss">Read more at The Daily Beast.</a></p><!-- /wp:html -->

HBO

Last week, Warner Bros. Discovery announced on its Q2 earnings call that it was not only planning to merge HBO Max and Discovery+ into a single streaming platform, but that it would also be killing a number of projects for tax write-offs presumably to compensate for its low earnings-per-share. A regulatory filing clarified the sum: an $825 million write-down.

Among the projects receiving the chop were a $90 million Batgirl film that was well into production and the animated feature Scoob!: Holiday Haunt, both of which were set to premiere on HBO Max. They also shut down a Wonder Twins film, a number of shows at TBS and TNT (e.g. Chad, Full Frontal with Samantha Bee, The Last O.G., and Snowpiercer), and, of course, CNN+.

While discussing the U.S.’s embarrassing monkeypox vaccine rollout, and how the country let 20 million doses of the monkeypox vaccine expire, John Oliver took a few shots at the much-discussed merger on Sunday’s edition of Last Week Tonight—airing on the Warner Bros. Discovery-run HBO.

Read more at The Daily Beast.

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