ZOOK MEDITATIONS FOR TUESDAY, 2022-SEP-27
Kevin Zook
COVID-19 Vaxxed ||| Seeking a collaborative, diverse, and inclusive environment extracting the best out of me and which is conducive to learning and growing professionally and personally.
ZOOK MEDITATIONS FOR TUESDAY, 2022-SEP-27
According to various reports, Warner Bros Discovery (WBD) is in trouble. From $50 billion in debt to only having enough cash on hand to release up to three movies annually.?
WBD has two significant assets on its spreadsheet: 1) HBO (not HBO Max) and 2) the DC Universe. HBO is doing well as always and can hold its own in a fight. DC is a different story completely.?
If you do a Google search on “Warner Bros Discovery,” there will be more negative results than positive results. As previously mentioned, WBD has a $50 billion debt load, restructuring arguments, internal disputes, and general chaos and disorder.?
I am going to focus on the DC issues and problems for this post.?
Superman and Batman are among the oldest and most well-known comic book characters in the world. Yet DC and to a greater part WBD leadership cannot seem to market Superman, Batman, and other DC properties to compete with similar companies; the Mouse is beating the Rabbit.?
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Simply stated The Walt Disney Company is a well-run and well-organized company organization. Marvel Lucas Film Ltd, Pixar, and Disney properties are siloed, separated, and run as independent companies under the Disney corporate umbrella; none of this is true at WBD and specifically DC. Leadership is the differential in the equation.?
I do not think WBD should poach someone from Marvel or Lucas Film Ltd to run DC, but I do think WBD should hire an outsider to WBD and the movie industry. Poach an executive from a Silicon Valley company like Google or Apple or an auto executive from Detroit who manages large projects like designing a new EV.?
The important part is the new DC President has no ties to the company or industry, so the chances of corporate politics and favoritism are greatly lessened. Ultimately, WBD would be hiring The DC Visionary Officer (to quote Simon Sinek); unlike Disney, WBD has no vision and specifically for DC. I do not suggest trying to become Marvel Studios, but having a vision, a plan, and GPS coordinates.?
I am hoping that Comcast purchases DC from WBD, but I am also hoping the Detroit Lions make it to the postseason.?
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