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Warner Bros. Discovery, Inc. ( NASDAQ: WBD ) UBS Global Media & Communications Conference December 10, 2024 12:00 PM ET Company Participants Gerhard Zeiler - President, International Business Conference Call Participants John Hodulik - UBS John Hodulik Okay. Thanks for joining us this afternoon. I'm John Hodulik, the telecom and media analyst at UBS. And I'm joined here this afternoon with Gerhard Zeiler, the President of the International Business at Warner Bros. Thanks for being here, Gerhard. Gerhard Zeiler Thank you that you have me. Question-and-Answer Session Q - John Hodulik So we've got about 35 minutes for questions. And if anybody has any questions, I can work them into the conversation by using the iPad and the app here. Gerhard, why don't we start with sort of just a little bit of background and responsibilities of yourself. How is the international business at Warner Bros. structured and organized, and what are your responsibilities in the organization? Gerhard Zeiler Look, Warner Bros. Discovery is a global company, yes. So roughly 30% of the revenues are coming from outside the U.S. and Canada. Canada is part of the U.S. That's one of the -- that's the only country where it is not in international. And the one thing which we really do very well is we're working as one company. We have no silos in our company. So each of the business segments has an international component and a meaningful component. There are a few business segments like the theatrical, consumer products, games, which are run centrally out the U.S. -- from the U.S., but our guys and the ground are helping to sell, to execute the strategy and to market a lot when it's necessary. And the other business segments, especially when it comes to content sales, especially when it comes to networks and streaming are really working very, veryIn response to the unrest, local authorities enforced a 24-hour internet ban in the Sambhal Tehsil area and declared schools would remain closed. Violence erupted in Sambhal district, Uttar Pradesh, on Sunday following a disputed survey of a mosque, leading to three fatalities and several injuries. In response to the unrest, local authorities enforced a 24-hour internet ban in the Sambhal Tehsil area and declared schools would remain closed. The situation worsened as the death toll from the violence increased to three, with many others, including approximately 20 law enforcement officers, injured. Protesters, opposing a court-ordered survey of a Mughal-era mosque, clashed with the police, setting vehicles on fire and hurling stones. The police responded with tear gas and baton charges to disperse the crowd. Here are the 10 key updates on the incident: 1. Internet Shutdown and School Closures Sambhal District Magistrate, Rajendra Pensia, ordered the suspension of internet services for 24 hours in Sambhal Tehsil to control the situation. The decision will be reassessed after 24 hours. Additionally, all schools in the area will remain closed as a precautionary measure. 2. Casualties and Injuries The violence left three individuals dead: Naeem, Bilal, and Nauman. Over two dozen people, including police officers and government officials, were injured in the clashes. Four senior police officers, 20 policemen, and a deputy collector were among the seriously hurt, with a police PRO suffering a gunshot wound to the leg. 3. Magisterial Inquiry Ordered Following the violence, a magisterial inquiry was ordered to investigate the circumstances surrounding the incident. Local authorities are working to determine the cause of the clash and identify those responsible for the violence. 4. Clashes Erupt During Mosque Survey The unrest started when a team arrived at the Shahi Jama Masjid for a court-ordered survey. Initially, the survey proceeded without incident, but tensions quickly escalated when a large group gathered and began throwing stones at security personnel. Police responded by using tear gas to disperse the crowd. 5. Survey Background and Legal Context The survey was part of a legal process stemming from a petition filed by senior advocate Vishnu Shankar Jain. The petition claimed that the Shahi Jama Masjid, built in 1529, was originally a Hindu temple, Harihar Mandir, that had been demolished to make way for the mosque. The local court had ordered a fresh survey to examine the claims. 6. Police Response and Security Measures Superintendent of Police, Krishan Bishnoi, addressed the media, defending the police's handling of the situation. He clarified that the police forces were deployed in accordance with orders from the District Magistrate and denied any intelligence failure, stating that the violence was an unexpected escalation after a community gathered overnight. 7. Escalation of Violence What started as a peaceful survey soon turned violent as the crowd grew to about 2,000 to 3,000 people. Protesters began throwing stones at the police and the survey team, prompting the security forces to deploy tear gas and use pellet guns. Some vehicles were set on fire, and several people were arrested for their involvement in stone-pelting. 8. Opposition Parties React Samajwadi Party President, Akhilesh Yadav, condemned the violence, accusing the ruling Bharatiya Janata Party (BJP) and the government of orchestrating the unrest to divert attention from allegations of electoral malpractice. Yadav’s comments added a political dimension to the incident, fueling further debate in the region. 9. Timeline of Earlier Surveys The initial survey of the Shahi Jama Masjid took place on November 19, following a local court's instructions. The court's directive was based on the claim that the mosque was built after the demolition of a Hindu temple in the 16th century. The mosque has since been a focal point of tension, with locals opposing the survey and raising questions about its historical significance. 10. Legal Process The ongoing legal proceedings, led by Vishnu Shankar Jain, have prompted the court to order a detailed survey. The survey includes videography and photography of the mosque, with a report expected by the next hearing on November 29. The case has drawn in multiple parties, including the central and state governments, the mosque committee, and local authorities. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
As the investigation unfolds and more details emerge, the community remains on edge, eager for answers and reassurance. The incident serves as a stark reminder of the fragility of public health and the importance of stringent safety protocols in public establishments. It is a wake-up call for both consumers and businesses alike to prioritize health and well-being above all else.
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In conclusion, the Ministry of Foreign Affairs' response to the PLA's restriction of coastal airspace reflects China's unwavering commitment to defending its national sovereignty and territorial integrity. By implementing necessary security measures in accordance with international law, China demonstrates its dedication to safeguarding its interests and promoting regional stability. Through open communication and diplomatic engagement, China seeks to address concerns and build constructive relationships with its neighbors and the international community. As China continues to play a leading role on the global stage, it remains steadfast in its pursuit of peace, cooperation, and mutual respect.MCNEESE 76, ILLINOIS STATE 68One possible reason for this counterintuitive move is the desire to attract new deposits and strengthen customer loyalty. By offering higher interest rates, these banks are hoping to differentiate themselves from their competitors and win over customers who are seeking better returns on their savings. This could be particularly appealing to more conservative savers who prioritize the safety and stability of their deposits.
Beyond the financial implications, the sale of this residential land parcel symbolizes the continued growth and transformation of Fengtai District, highlighting its potential as a key area for real estate investment and urban development. As the city of Beijing continues to evolve and expand, opportunities like this one serve as a reminder of the dynamic nature of the real estate market and the endless possibilities for innovative and sustainable growth.In a surprising turn of events, a once overlooked player has emerged as a star in the French Ligue 1. The Red Devil outcast, who was deemed surplus to requirements at his former club, has been lighting up the league with his exceptional performances. With 11 goals in just 14 rounds, he has caught the attention of football fans and critics alike, showcasing his talent and determination on the field.