Time Magazine 2014 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2014 Time Magazine annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 138

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138

In the U.S., Warner Bros. produces and distributes its television programming for initial airing on broadcast and basic
cable television networks, premium pay television and SVOD services and local television stations. Warner Bros. also
produces and distributes short-form live-action series and animated programming for initial viewing on digital platforms.
Warner Bros.’ programming includes the following:
• scripted television series produced by Warner Bros. Television and Warner Horizon Television Inc., including
2 Broke Girls,Arrow,The Big Bang Theory,The Flash,The Following,Gotham,The Middle,Mike & Molly,
Person of Interest, and Supernatural for broadcast networks (including The CW); Childrens Hospital,Major
Crimes,Pretty Little Liars and Rizzoli & Isles for basic cable networks (including TNT, TBS and Adult Swim); and
scripted series for premium pay television services (including The Leftovers for HBO and Shameless);
• reality-based non-scripted television series produced by Warner Horizon Television Inc., including The Bachelor
and The Voice;
• first-run syndication series produced by Telepictures Productions Inc., including The Ellen DeGeneres Show,Extra
and TMZ;
• animated television programming and original made-for-home entertainment animated releases produced by
Warner Bros. Animation Inc., including programming based on characters from DC Entertainment, Looney Tunes
and Hanna-Barbera. Programs include Be Cool Scooby Doo,Mike Tyson Mysteries and Wabbit, all of which aired
on Turner’s Cartoon Network or Adult Swim networks in the 2014-2015 television season; and
• short-form live-action series and animated programming for digital platforms produced by Blue Ribbon Content,
including original concepts as well as content based on characters from Warner Bros.’ intellectual property.
After the initial domestic airing, Warner Bros. licenses its television programming for subsequent airing on basic cable
networks, local television stations and SVOD services and through other off-network distribution channels in the U.S. These
licenses enable Warner Bros. to generate significant revenues from hit television series for years beyond their initial airing on
television. Warner Bros. also licenses its feature films to broadcast and cable networks, SVOD services and premium pay
television services (including HBO) starting approximately eight to eleven months following their theatrical release. During
2014, Warner Bros. licensed more than 1,000 feature films and over 3,500 hours of feature film programming to television
networks, premium pay television services and SVOD services.
In international territories, Warner Bros. licenses rights to exhibit feature films and original television series to television
networks, premium pay and basic tier television services, SVOD services, free video on demand services and other digital
services. During 2014, Warner Bros. licensed thousands of hours of programming, dubbed or subtitled in more than 60
languages, to international distributors in more than 175 countries. As the worldwide demand for locally produced, local
language programming increases, Warner Bros. is focused on expanding its international local production business through
its global network of wholly-owned production companies in 16 international territories, which will allow Warner Bros. to
develop programming specifically tailored for the audiences in these territories. Warner Bros. is also focusing on adapting
international local programming into formats that can be produced by its local production companies in additional territories,
including the U.S.
The revenues generated by Warner Bros.’ television business consist of (i) fees for the initial broadcast of Warner Bros.’
television programming on U.S. broadcast and cable television networks and premium pay television and SVOD services,
(ii) fees for the airing or other distribution of its television programming after its initial broadcast in secondary U.S.
distribution channels (such as basic cable networks, local television stations and SVOD services) and in international
territories, (iii) fees for the international distribution of Warner Bros.’ television programming for free-to-air television, basic
tier and premium pay television services, SVOD services and free VOD and (iv) revenues from the sale of the television
programming of Warner Bros. and other companies in digital formats and on physical discs. Warner Bros.’ television
programming also supports Warner Bros.’ key franchises, which helps generate consumer product revenues based on the
programming for years beyond the initial airing of such programming on television.
9