Mark Shigeaki Kuroda Hanni Westenius Mehriban Ahmadova Sebastian Heinzig Lee Changsik Wang Baifang Global Management 31/07/2013 Professor Sano Professor Nishimura Contents 1. 2. 3. 4. 5. 6. 7. 8. Introduction and History Major Projects and Investments Financial Overview Competition and International Cooperation Corporate Culture Recent Issues and Future Projects Conclusion Q&A Mehriban 1903-1930 1923 - founded 1924 - the world’s first “four legged star” – Rin Tin Tin 1927 – financial ruin 1927 – “The Jazz Singer”, the world’s first “talkie” (synchronized-sound feature film) From “Poverty Row” to big studio in Burbank, California 1928 – “Lights of New York”, the first all-talking feature 1929 – “On with the Show”, the first all-color alltalking feature. 1930-1935 musicals realism 1930s – horror movies, “gangster studio”, birth of Warner’s cartoons 1931 & 1932 – net loss $8million and $14million respectively 1934 – fire at the Burbank studio 1935-1940 realism idealism 19401960 1990s 1990 – merger of Warner Communications, Inc. and Time Inc. to form Time Warner, Inc. 1991 – the opening of Warner Bros.’ first international theme park (Movie World in Australia) 1994 – megahits ER & Friends “Never recreate from your memory. Always imagine new places!” – Leonardo DiCaprio as Dominick Cobb, “Inception” 2010 Wang Major Projects Warner Channel Warner Entertainment Warner Bros. Entertainment Inc. DC Comics New Line Cinema 1998 sub 2008 merge) Masterpieces by WB Harry Potter Franchise Batman Franchise DC Comics related films Merger with New Line Cinema Investments Film Industry (Warner Channel) Television shows and channel (Warner Channel) Games Music (Warner Music) Animation (Looney Toons) Comics (DC Comics) Theme Parks (6 Flags) Shops and goods Some people show off their beauty, because they want the world to see it. Others try to hide their beauty, because they want the world to see something else.” “ Changsik Overview Warner Brothers’ production decisions. currently releases about 20-25 movies per year including 3-5 bigbudget “event” movies production and marketing costs by the seven big studios stand above a $100 million per movie average half of theatre admission is within the age group of 12-29 Worldwide box office ($bn) 6 5 4,7 4,814 3 2,79 4,01 2009 3,33 3,59 2008 4 4,3 3,66 3,41 2,57 2,43 2 1,6 2012 2011 2010 2007 2006 2005 2004 2003 2002 2001 1 “Money and women. The reasons for make most mistakes in life. Looks like you've mixed up both.” Slumdog Millionaire Sebastian Disney Entertainment Group Fox Entertainment Group Comcast Corporation National & International Cooperation – Movie production Faramir: Good Speech. Nice and short. Boromir: Leaves more time for drinking! Mark How we support you Health Warner & YOU Life Wealth ¨WB Citizenship¨ Make employees’ work ENJOYABLE AND MEANINGFUL Support a healthy life with facilities to help employees fit exercise into their schedule Provide and facilitate help and interactionbetween employees and their families Bonding between employees is important Opportunities to grow personally and professionaly: Seminars, insider sessions, supported mentoring, ¨Lunch’n’learn¨ and ¨IMPACT the employee giving program¨ Personal Inside Opinions Wendy Erin Donald Training Supervisor Corporate Communications Representative Vice President Human Resources Organizational Development Big fan of Bugs Bunny! Connect with people Real Opportunities Enjoy fitness center WB Corporate Communications Friendly Organized Full of history and variety Involving Corporate Film Services Learn New Things Every Day Challenging Involves the whole world Demanding What I dreamed of Reviews on Working for Warner Industry full of opportunity and interesting BUT Company fell behind the times Need to renew, innovate and not depend on its history Overly competitive lack of bonding and collaboration Falling behind becoming a cash cow Quotes: ¨Competitive… lots of opportunities… BIG name!¨ ¨need an open-mind… executives should care more for their employees… needs to forge on more…¨ ¨You take the red pill, you stay in Wonderland, and I show you how deep the rabbit hole goes.¨ Hanni Recent Issues Plummeting DVD sales Struggling to find the next hit film after Harry Potter Recent financial instability and the end of partnership with Legendary Pictures Some of the recent movies have failed to meet expectations Overtaken by Disney in terms of franchise building Future Projects Need to find films that can give Warner Bros. momentum Preparing big superhero movies to tackle the financial struggles This summer: “Man of Steel” Made $128 Million in the opening weekend Standalone superhero movies will flow into one super team blockbuster movie, the “Justice League” Potential sequels and great synergy for the company in theme parks, licensing etc. Warner Bros. is also investing in a new cloudbased UltraViolet service enabling consumers to watch their purchased movies using a variety of digital devices. Conclusion ¨Why do we fall? So we can learn to pick ourselves up¨ Q&A ¨EXPELLIARMUS!¨ HARRY POTTER References • http://www.timewarner.com/our-innovations/shapingtrends/pdf/anywhereanytime.pdf •http://www.forbes.com/sites/ciocentral/2013/03/18/critics-beware-tveverywhere-delivers-in-2013/ •http://movies.yahoo.com/news/why-man-steel-holds-key-warner-brosfuture-193443930.html •http://online.wsj.com/article/SB1000142412788732346620457838273274790 3420.html •http://www.forbes.com/sites/scottmendelson/2013/06/16/weekend-boxoffice-man-of-steel-soars-to-125-million-debut/ •http://www.boxofficemojo.com/ •https://en.wikipedia.org/wiki/Warner_Bros. •http://www.warnerbros.com/studio/about/company-history.html