(#R000073480) Business Development & Strategy, MBA Intern: NY - Summer 2024

Every great story has a new beginning, and yours starts here.

Welcome to Warner Bros. Discovery… the stuff dreams are made of.

Who We Are…

When we say, “the stuff dreams are made of,” we’re not just referring to the world of wizards, dragons and superheroes, or even to the wonders of Planet Earth. Behind WBD’s vast portfolio of iconic content and beloved brands, are the storytellers bringing our characters to life, the creators bringing them to your living rooms and the dreamers creating what’s next…

From brilliant creatives, to technology trailblazers, across the globe, WBD offers career defining opportunities, thoughtfully curated benefits, and the tools to explore and grow into your best selves. Here you are supported, here you are celebrated, here you can thrive.

Application Deadline: Friday, November 10th 

We’re looking for highly motivated 1st year MBA students, looking to jumpstart their career at one of the world’s premiere media, entertainment, and tech companies. 

All 2024 MBA Interns will be selected from the attendees of this year's in-person (Friday, January 12th, 2024) or virtual (Friday, January 19th, 2024) MBA Treks. WBD’s MBA Trek is an opportunity to hear from our recruiters, former interns, and executives on topics ranging from company culture and business updates to interview tips and what makes the award-winning WBD intern program best in class. During this immersive event, you will also have exclusive opportunities to network and speak with hiring managers for 2024 MBA internships at WBD.  

If you would like a chance to be a 2024 WBD MBA intern, apply to our roles and select which trek dates you are interested in the job application today! 

Your New Role...

The CNN Business Development & Strategy team is responsible for developing new revenue streams and establishing growth strategies across CNN's digital properties, including on-platform distribution (CNN, CNN en Espanol) and off-platform distribution (social media, FAST channels, news aggregators). We work cross-functionally across the entire digital business, partnering closely with editorial, off-platform programming, video, product, ops, and legal stakeholders. The Business Development & Strategy Intern will support the team on new initiatives and deal flow. They will also dive into and deliver a growth strategy project to senior CNN Digital leadership.

Your Role Accountabilities... 

Support of revenue-generating partnerships, including pipeline development, sourcing (inbound, outbound, long-term strategic), deal viability evaluation, business term negotiations, and deal operationalizing.

Ideate, execute and present a digital growth strategy project to senior leadership

Strategic analysis and support for verticals across CNN Digital (e.g., CNN Politics, CNN Business, CNN Originals, CNN International, CNN Health, CNN Travel, CNN Climate).

Provide thought partnership and advisory support for senior leaders across CNN (including video programming, product, revenue insights, and off-platform programming), with a focus on distributing CNN content to strategic endpoints that align with CNN's long-term strategic priorities.

Qualifications & Experience... 

Must be actively enrolled in a U.S. accredited college or university MBA degree program for the full duration of the internship (proof of enrollment required) 

Must be a 1st year MBA student 

Must be in academic good standing (3.0 or above GPA) 

All 2024 MBA interns will be selected from the attendees of the in-person (held in Burbank, CA) or virtual MBA treks. All eligible applicants must attend 1 of the trek dates. 

Warner Bros. Discovery will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Warner Bros. Discovery now or in the future in order to retain their authorization to work in the United States. 

Business development, strategy, management consulting, or investment banking experience.

Ability to think strategically and to translate ideas into action

Excellent written and oral communication skills

Ability to facilitate and communicate cross-functionally to ensure consistent development and execution of strategies.

Creative problem solver who can proactively identify problems, pull together data and people to identify causes, and develop solutions.

Strong attention to detail

Highly organized and self-directed; able to keep on an assigned track with minimal direction

Strong presentation development skills (design and verbal)

Knowledge of basic research methods and strategies is preferred.

About Our Internship Program 

WBD's Internship Program is designed to nurture students professionally and personally. We attract the country’s boldest and brightest students for paid, for-credit, real-world internship experiences in the entertainment, tech, sports, news, and media industries. We offer career-defining opportunities to learn valuable skills that will help you prepare for a successful future.  

Ready to learn more? Here’s what we offer: 

Hands-on work with passionate, talented team members in your field 

Mentorship from some of the industry’s kindest and most passionate entertainment veterans 

Engaging events including professional development seminars, panels with recruiters and former interns, intern-exclusive events, and so much more  

Access to top-level executives and employees through our Speaker Series and Roundtables 

Incredible networking opportunities with industry-leading professionals and a robust intern alumni network 

A creative, collaborative, and inclusive company culture  

What you can expect to take away from the semester: 

Opportunities to develop professionally and uncover skills you didn’t know you had 

The insider scoop on the entertainment industry and what happens behind the scenes 

Relationships that will go beyond your collegiate career 

Real-life experiences that will provide you with the confidence to delve into your next adventure  

 And finally, what to know before applying:

The duration of the program is 10-12 weeks depending on the student’s availability 
Program dates: 

Option #1: 6/3/2024- 8/16/2024 

Option #2: 6/10/2024- 8/23/2024  

Interns will be expected to work 35-40 hours per week in a hybrid capacity.  

Our internships are paid opportunities with a competitive hourly wage. Credit is not required; however, we will provide the necessary documentation for school credit if desired. Relocation is not provided.  

The recruiting process will take place from November through February. A WBD team member will contact you if your experiences and interests match an open internship position. Due to the high volume of applications, we are unable to give individual status updates. 

In compliance with local law, we are disclosing the compensation, or a range thereof, for roles in locations where legally required. Actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. The rate listed is just one component of Warner Bros. Discovery’s total compensation package for employees. Pay Rate: $50 per hour USD for Global Corporate Strategy MBA internships, $45 per hour USD for all other departments. 

How We Get Things Done…

This last bit is probably the most important! Here at WBD, our guiding principles are the core values by which we operate and are central to how we get things done. You can find them at www.wbd.com/guiding-principles/  along with some insights from the team on what they mean and how they show up in their day to day. We hope they resonate with you and look forward to discussing them during your interview.

The Legal Bits…

In compliance with local law, we are disclosing the compensation, or a range thereof, for roles in locations where legally required. Actual salaries will vary based on several factors, including but not limited to external market data, internal equity, location, skillset, experience, and/or performance. Base pay is just one component of Warner Bros. Discovery’s total compensation package for employees. Pay Range: $72,800.00 - $135,200.00 salary per year. Other rewards may include annual bonuses, short- and long-term incentives, and program-specific awards. In addition, Warner Bros. Discovery provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off (PTO).

Warner Bros. Discovery embraces the opportunity to build a workforce that reflects the diversity of our society and the world around us. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit, without regard to race, color, religion, national origin, gender, sexual orientation, gender identity or expression, age, mental or physical disability, and genetic information, marital status, citizenship status, military status, protected veteran status or any other category protected by law.

If you’re a qualified candidate with a disability and you need a reasonable accommodation in order to apply for this position, please contact us at recruitadmin@wbd.com.