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WARNER BROS. DISCOVERY, INC.

(WBD)
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End-of-day quote Nasdaq  -  2022-09-20
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Warner Bros Discovery : . Television Group Signs Overall Deal with EMMY®-Nominated “Abbott Elementary” Creator and Star Quinta Brunson

08/11/2022 | 04:50pm EDT

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  • Warner Bros. Television Group announced today that it has signed an overall deal with Emmy®-nominated Abbott Elementary creator/executive producer/star Quinta Brunson. Brunson is currently nominated for three Emmy Awards - Outstanding Comedy Series, Lead Actress, and Writing - for her work on the first season of Abbott, which received a total of seven nominations.
  • In keeping with Studio policy, financial terms were not disclosed. WBTVG can confirm that it is an exclusive multiyear agreement that makes WBTVG Brunson's studio home for new television productions. This marks Brunson's first overall pact with Warner Bros. or any studio.
  • Under the terms of the deal, Brunson will continue to serve as executive producer, writer, and star of Abbott Elementary. She developed the acclaimed hit comedy at Warner Bros. Television, which produces the show in association with 20th Television. The series returns for season two on Wednesday, September 21, at 9/8c on ABC. Brunson will also create, develop, and produce original programming for all platforms, including but not limited to Warner Bros. Discovery's HBO Max, external streaming platforms, cable channels, and the U.S. broadcast networks.
  • Quinta Brunson said: "I'm excited to expand my long-running creative partnership with Warner Bros. With Abbott as our anchor, I look forward to what we'll create next."
  • Warner Bros. Television Group Chairman Channing Dungey said: "Quinta Brunson is a tour de force and a powerhouse talent, and we are beyond thrilled to be continuing our partnership with her through this new overall deal. What Quinta and her Abbott Elementary team have achieved in the first season is just extraordinary. We cannot wait for season two, and to explore many future projects with her in the coming years. I'm so grateful that Quinta is part of our WBTV family, and I look forward to many more years of successful collaboration."
  • The deal continues a relationship with Brunson and the Studio that extends back to 2018, when she was cast in the WBTV pilot The End of the World as We Know It for The CW, from executive producers/writers Justin Halpern & Patrick Schumacker, who later reunited with Brunson for Abbott Elementary. She also recurred in the WBTV/DC drama iZOMBIE for The CW.
  • Brunson is represented by Authentic Talent & Literary Management, Creative Artists Agency (CAA), Del Shaw Moonves Tanaka Finkelstein Lezcano Bobb & Dang, and Persona PR.

# # #

Contacts:

Warner Bros. Television Group

Rebecca Marks, rebecca.marks@warnerbros.com

Robert Pietranton, robert.pietranton@warnerbros.com

For Abbott Elementary

Celia Sacks, celia.sacks@warnerbros.com

Sarah Teicher, sarah.teicher@warnerbros.com

Disclaimer

Warner Bros Discovery Inc. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 20:39:07 UTC.


© Publicnow 2022
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Financials (USD)
Sales 2022 45 305 M - -
Net income 2022 -3 471 M - -
Net Debt 2022 47 573 M - -
P/E ratio 2022 -8,60x
Yield 2022 -
Capitalization 28 621 M 28 621 M -
EV / Sales 2022 1,68x
EV / Sales 2023 1,50x
Nbr of Employees 11 000
Free-Float 78,4%
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Number of Analysts 24
Last Close Price 11,79 $
Average target price 24,89 $
Spread / Average Target 111%
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David M. Zaslav President & Chief Executive Officer
Gunnar Wiedenfels Chief Financial Officer
Samuel A. di Piazza Chairman
Robert R. Bennett Independent Director
Li Haslett Chen Independent Director
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