Blade Runner
February 3, 2025
Warner Bros. Discovery has formed a joint venture to license its catalog of movie and TV show music in a deal reportedly worth $1 billion.
The media giant inked an agreement with U.K.-based Cutting Edge Group, keeping creative and operational control of the rights, with CEG, DWS Group, among others, having a management seat at the table.
While the strategy mirrors recent mega-million dollar deals music artists cashing in on their catalogs, WBD is generating significant incremental revenue while retaining ownership and creative control.
WBD TV music rights includes “Friends,” HBO’s “Game of Thrones,” “The Big Bang Theory,” “Two and Half Men,” “Succession,” “The West Wing,” “ER,” “Full House,” “Sex and The City” and “Gossip Girl,” and “The White Lotus,” while movie rights include Rebel Without a Cause, The Exorcist, A Star is Born, Blade Runner, and Shawshank Redemption, among others.
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