DC Universe Movies Heading to TNT, TBS
Time Warner CEO Jeff Bewkes mentions the pact on the company's earnings conference call and says DC TV series generate more than $1 billion in revenue per year for the company.
TBS and TNT, part of Time Warner's Turner unit, now have a deal with the company's Warner Bros. for the studio's DC films, Time Warner chairman and CEO Jeff Bewkes said on an earnings conference call Wednesday.
He didn't detail financial or other specifics of the deal, but it is believed to cover all upcoming DC Entertainment-inspired films and previously released films, including Suicide Squad.
The deal is for the cable TV window, so following the theatrical release and premium TV window.
The deal adds to a deal unveiled earlier this year with Walt Disney for the films in the Star Wars franchise and to Marvel movies and the Hunger Games franchise.
Suicide Squad had the biggest August opening ever, the Time Warner boss said, lauding the third quarter's film performance in another DC shout-out.
Bewkes also lauded the strong performance of the DC TV series, saying they generate more than $1 billion in revenue a year for Time Warner. He said the company has an unprecedented 10 DC TV series on the air this season.
He also touted the success of DC Comics' Rebirth event and new titles launched in its wake.