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Bell Media and Warner Bros. Discovery Expand Partnership in Canada

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Bell Media has expanded its partnership with Warner Bros. Discovery for the Canadian market, extending Crave as the exclusive home of HBO and Max content for multiple years. The agreement includes:

1. A co-production commitment for original Canadian content with global appeal
2. Licensing of Bell Media original content for Warner Bros. Discovery platforms outside Canada
3. Extended access to French-language content for Bell Media platforms

The deal encompasses HBO and Max Originals, the DC Universe, the Harry Potter Franchise, popular Warner Bros. library series, and blockbuster films. Bell Media and Warner Bros. Discovery have also settled their recent dispute regarding Bell Media's suite of Discovery-branded channels.

Bell Media ha ampliato la sua partnership con Warner Bros. Discovery per il mercato canadese, estendendo Crave come la casa esclusiva dei contenuti HBO e Max per diversi anni. L'accordo include:

1. Un impegno di co-produzione per contenuti originali canadesi con appeal globale
2. Licenza dei contenuti originali di Bell Media per le piattaforme di Warner Bros. Discovery al di fuori del Canada
3. Accesso prolungato ai contenuti in lingua francese per le piattaforme di Bell Media

L'accordo comprende HBO e Max Originals, il DC Universe, il Franchising di Harry Potter, le serie popolari della biblioteca Warner Bros. e film da blockbuster. Bell Media e Warner Bros. Discovery hanno anche risolto la recente disputa riguardante la suite di canali a marchio Discovery di Bell Media.

Bell Media ha ampliado su asociación con Warner Bros. Discovery para el mercado canadiense, extendiendo Crave como el hogar exclusivo de los contenidos de HBO y Max durante varios años. El acuerdo incluye:

1. Un compromiso de coproducción para contenido canadiense original con atractivo global
2. Licencia del contenido original de Bell Media para las plataformas de Warner Bros. Discovery fuera de Canadá
3. Acceso ampliado a contenidos en francés para las plataformas de Bell Media

El acuerdo abarca HBO y Max Originals, el DC Universe, la franquicia de Harry Potter, series populares de la biblioteca de Warner Bros. y películas taquilleras. Bell Media y Warner Bros. Discovery también han resolvido su reciente disputa relacionada con la suite de canales de marca Discovery de Bell Media.

벨 미디어(Bell Media)는 캐나다 시장을 위해 워너 브라더스 디스커버리(Warner Bros. Discovery)와의 파트너십을 확장하여 크레이브(Crave)HBO 및 맥스 콘텐츠(HBO and Max content)의 독점 홈으로 여러 해 동안 연장했습니다. 이 계약에는 다음이 포함됩니다:

1. 글로벌 매력을 가진 원주율 캐나다 오리지널 콘텐츠의 공동 제작 약정
2. 캐나다 외 워너 브라더스 디스커버리 플랫폼을 위한 벨 미디어 오리지널 콘텐츠의 라이센스
3. 벨 미디어 플랫폼을 위한 프랑스어 콘텐츠에 대한 확장된 접근

이 거래는 HBO 및 맥스 오리지널(HBO and Max Originals), DC 유니버스(DC Universe), 해리포터 프랜차이즈(Harry Potter Franchise), 인기 있는 워너 브라더스 라이브러리 시리즈와 블록버스터 영화를 포함합니다. 벨 미디어와 워너 브라더스 디스커버리는 벨 미디어의 디스커버리 브랜드 채널 관련 최근 분쟁도 해결했습니다.

Bell Media a élargi son partenariat avec Warner Bros. Discovery pour le marché canadien, prolongeant Crave en tant que maison exclusive du contenu HBO et Max pendant plusieurs années. L'accord comprend :

1. Un engagement de coproduction pour du contenu original canadien avec un attrait mondial
2. La licence de contenu original de Bell Media pour les plateformes Warner Bros. Discovery hors du Canada
3. Un accès prolongé au contenu en langue française pour les plateformes de Bell Media

L'accord englobe les HBO et Max Originals, l'Univers DC, la franchise Harry Potter, des séries populaires de la bibliothèque Warner Bros. et des films à succès. Bell Media et Warner Bros. Discovery ont également réglé leur récent litige concernant la suite de chaînes de marque Discovery de Bell Media.

Bell Media hat seine Partnerschaft mit Warner Bros. Discovery für den kanadischen Markt erweitert und Crave als das exklusive Zuhause für HBO und Max-Inhalte für mehrere Jahre festgelegt. Die Vereinbarung umfasst:

1. Ein Engagement zur Co-Produktion von originalem kanadischem Inhalt mit globaler Anziehungskraft
2. Lizenzierung von Bell Media-Originalinhalten für Plattformen von Warner Bros. Discovery außerhalb Kanadas
3. Erweiterter Zugang zu französischsprachigen Inhalten für die Plattformen von Bell Media

Das Abkommen umfasst HBO und Max Originals, das DC-Universum, die Harry Potter-Franchise, beliebte Serien der Warner Bros. Bibliothek und Blockbuster-Filme. Bell Media und Warner Bros. Discovery haben außerdem ihren jüngsten Streit bezüglich der Discovery-Markenkanäle von Bell Media beigelegt.

Positive
  • Extended exclusive rights to HBO and Max content for Crave
  • Co-production commitment for original Canadian content with global appeal
  • Licensing of Bell Media original content for international platforms
  • Access to popular franchises like DC Universe and Harry Potter
  • Settlement of dispute regarding Discovery-branded channels
Negative
  • None.

Insights

This expanded partnership between Bell Media and Warner Bros. Discovery is a significant move in the Canadian media landscape. The deal strengthens Crave's position as a major streaming player by securing exclusive rights to highly sought-after HBO and Max content. This is important in the competitive streaming market, especially against global giants like Netflix and Disney+.

The co-production commitment for original Canadian content is particularly noteworthy. It not only supports the domestic production industry but also opens doors for Canadian content to reach global audiences through Warner Bros. Discovery's platforms. This could potentially lead to increased revenue streams and international recognition for Bell Media.

The settlement of the dispute over Discovery-branded channels removes a significant business uncertainty. However, the upcoming changes to these channels could impact viewership and advertising revenues, depending on how they are restructured.

Overall, this deal positions Bell Media more strongly in the evolving media landscape, potentially driving subscriber growth for Crave and enhancing Bell's content portfolio across multiple platforms.

This expanded partnership has several positive financial implications for BCE (Bell Canada Enterprises). Firstly, securing exclusive rights to premium content like HBO and Max Originals for Crave should help drive subscriber growth and retention, potentially increasing recurring revenue streams. The multi-year nature of the deal also provides long-term stability in content costs.

The co-production agreement could lead to new revenue opportunities through international content sales and licensing. This diversification of income sources is important in the volatile media industry. Additionally, the settlement of the dispute over Discovery channels eliminates potential legal costs and allows for strategic realignment of these assets.

However, investors should note that content acquisition and production costs are significant in the streaming industry. The financial success of this deal will depend on Bell Media's ability to monetize the content effectively through subscriptions and advertising. The impact on BCE's overall financial performance may be , given that media operations represent a smaller portion of BCE's total revenue compared to its telecommunications business.

– Enhanced agreement broadens Bell Media and Warner Bros. Discovery's content pact and extends Crave as the exclusive Canadian home of HBO and Max Originals–

–  Deal includes co-development and Canadian content licensing commitment –

TORONTO, Oct. 8, 2024 /PRNewswire/ - Bell Media announced today it has expanded its landmark partnership with Warner Bros. Discovery for the Canadian market, extending Crave for multiple years as the exclusive home of HBO and Max content. The expansion of Bell Media's existing licensing agreement with Warner Bros. Discovery, announced in 2023, ensures Crave subscribers have continued access to a vast library of premium content for the foreseeable future.

The new agreement also includes a co-production commitment for original Canadian content with global appeal, licensing of Bell Media original content for use on Warner Bros. Discovery platforms outside of Canada, and extended access to French-language content for use on Bell Media platforms.

"We are strengthening and deepening our relationship with Warner Bros. Discovery, marking a significant milestone as we move forward together," said Stewart Johnston, SVP Content and Sales, Bell Media. "With our commitment to develop co-productions, and the extended pipeline of extremely valuable content for subscribers, we've ensured Crave is well-positioned for continued growth and success."

Bell Media's expanded content pact with Warner Bros. Discovery encompasses:

  • HBO and Max Originals such as THE LAST OF US, HOUSE OF THE DRAGON, THE WHITE LOTUS, and THE PENGUIN, AND JUST LIKE THAT…, plus HBO's vast collection of award-winning library series such as THE SOPRANOS, SEX AND THE CITY, GAME OF THRONES, SUCCESSION, and THE WIRE
  • The DC Universe, which includes film and television series featuring fan-favourite superheroes
  • The Harry Potter Franchise, including the upcoming HBO Original "Harry Potter" series
  • Popular Warner Bros. library series such as FRIENDS and THE BIG BANG THEORY
  • Blockbuster Warner Bros. films such as Barbie, Dune and Dune: Part Two, Wonka, and Furiosa: A Mad Max Saga.

Bell Media and Warner Bros. Discovery also confirmed today that they have settled all matters in their recent dispute regarding Bell Media's suite of Discovery-branded channels. Details regarding changes to Bell Media-owned Discovery channels will be made available in the coming weeks.

About Bell Media

Bell Media is Canada's leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada's most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada's cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec's fast-growing conventional French-language network, Noovo; the country's leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services. As a content leader and partner in Sphere Media, Montréal's Grande Studios, and Dome Productions, one of North America's leading production facilities providers, Bell Media is committed to keeping Canadians entertained and informed.

Bell Media also offers best-in-class technology, marketing, and analytics support through Bell Marketing Platform, an omnichannel self-serve platform which includes Bell Analytics, Strategic Audience Management (SAM), and Bell DSP, in addition to advanced advertising solutions, including Linear Addressable TV, Addressable Audio, and ads on Crave. Bell Media is part of BCE Inc. (TSX, NYSE: BCE), Canada's largest communications company. 1 Learn more at BellMedia.ca.

1 Based on total revenue and total combined customer connections.

Cision View original content:https://www.prnewswire.com/news-releases/bell-media-and-warner-bros-discovery-expand-partnership-in-canada-302270165.html

SOURCE Bell Media

FAQ

What does the expanded partnership between Bell Media and Warner Bros. Discovery include?

The expanded partnership includes extended exclusive rights for HBO and Max content on Crave, a co-production commitment for original Canadian content, licensing of Bell Media content for international platforms, and access to popular franchises like DC Universe and Harry Potter.

How long will Crave remain the exclusive home of HBO and Max content in Canada?

The agreement extends Crave as the exclusive home of HBO and Max content for multiple years, ensuring continued access to this premium content for the foreseeable future.

What was the outcome of the dispute between Bell Media and Warner Bros. Discovery regarding Discovery-branded channels?

Bell Media and Warner Bros. Discovery have settled all matters in their recent dispute regarding Bell Media's suite of Discovery-branded channels. Details about changes to these channels will be announced in the coming weeks.

How does this partnership affect BCE (TSX, NYSE: BCE) stock?

While the direct impact on BCE stock is not specified, the expanded partnership strengthens Bell Media's content offerings, potentially enhancing its competitive position in the Canadian media market and contributing to BCE's overall performance.

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