This year, TCM's content investment has grown by 30% and we plan to build on that in future years," a company spokesperson said in a statement. "TCM is a cultural treasure which WBD is fully committed to safeguarding, supporting, and investing in for the future.
Discovery and its film chiefs touted the company's increased investment in TCM recently.
Spielberg and Anderson and joined Zaslav on a panel during the TCM Classic Film Festival in April about film preservation efforts, according to media reports. Zaslav also initiated the conversation with Spielberg, Scorsese and Anderson last week. In the months leading up to the job cuts and changes at the networks, including TCM, Zaslav and Spielberg held conversations about TCM's future, according to a person familiar with the matter. and Discovery, the company has been undergoing a number of cost-cutting initiatives, including layoffs and cutting back on content spending. Since the 2022 merger between Warner Bros. The filmmakers also applauded that longtime programming chief Charles Tabesh, who was initially set to leave as part of the shake-up, will stay with the network. The changes had caused concern among movie buffs and those dedicated to film preservation, who voiced their distress on social media. Part of that was a major shake-up at TCM, recognized as a place for preservation of classic films and a carefully curated lineup augmented by guest star introductions. Discovery employees last week faced another round of layoffs, particularly across its portfolio of cable-TV networks. The inclusion of the filmmakers came after Warner Bros. "We have already begun working on ideas with Mike and Pam, both true film enthusiasts who share a passion and reverence for classic cinema that is the hallmark of the TCM community," the three filmmakers said in a joint statement on Wednesday. "This unique arrangement, initiated by David Zaslav, reflects his commitment to honoring the TCM legacy while also involving us on curation and programming." Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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