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Warner Bros. Discovery, Inc. (NASDAQ:WBD) UBS International Media & Communications Convention December 10, 2024 12:00 PM ET
Firm Members
Gerhard Zeiler – President, Worldwide Enterprise
Convention Name Members
John Hodulik – UBS
John Hodulik
Okay. Thanks for becoming a member of us this afternoon. I am John Hodulik, the telecom and media analyst at UBS. And I am joined right here this afternoon with Gerhard Zeiler, the President of the Worldwide Enterprise at Warner Bros. Thanks for being right here, Gerhard.
Gerhard Zeiler
Thanks that you’ve got me.
Query-and-Reply Session
Q – John Hodulik
So we have got about 35 minutes for questions. And if anyone has any questions, I can work them into the dialog by utilizing the iPad and the app right here. Gerhard, why do not we begin with form of just a bit little bit of background and tasks of your self. How is the worldwide enterprise at Warner Bros. structured and arranged, and what are your tasks within the group?
Gerhard Zeiler
Look, Warner Bros. Discovery is a worldwide firm, sure. So roughly 30% of the revenues are coming from exterior the U.S. and Canada. Canada is a part of the U.S.
That is one of many — that is the one nation the place it isn’t in worldwide. And the one factor which we actually do very effectively is we’re working as one firm. Now we have no silos in our firm. So every of the enterprise segments has a world element and a significant element. There are a number of enterprise segments just like the theatrical, client merchandise, video games, that are run centrally out the U.S.
— from the U.S., however our guys and the bottom are serving to to promote, to execute the technique and to market so much when it is necessary. And the opposite enterprise segments, particularly in relation to content material gross sales, particularly in relation to networks and streaming are actually working very, very
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