Summer Intern - Business Development & Strategy

This is a Full Time Paid Internship

Overview

Every great story has a new beginning. We're excited to announce that Discovery and WarnerMedia have combined to become Warner Bros. Discovery. WBD is a premier global media and entertainment company offering audiences the world’s most differentiated and complete portfolio of content, brands and franchises across television, film, sports, news, streaming and gaming. We’re home to the world’s best storytellers, creating world-class products for consumers. From brilliant creatives to technology trailblazers and beyond, join us as we step into the next chapter.

Responsibilities

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.

Qualifications

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 on a digital growth strategy project to senior leadership
• Work closely with internal editorial and programming teams to establish and execute on additional high-priority CNN strategic initiatives.
• 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 GMs and editorial directors across CNN verticals, with a focus on distributing CNN content to strategic endpoints and audiences, with a focus on alignment with CNN's long-term strategic priorities.

Qualifications and Experience…
• Must be currently enrolled as a student (proof of enrollment will be required if selected for an internship)
• Must be a first year MBA candidate
• Must have the legal right 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 that can proactively identify problems, pull together data and people to identify causes and develop solutions.
• Strong attention to detail.
• Cover letter required (Please combine Resume and cover letter into one PDF when submitting).
• Solid knowledge of PC/Mac, Microsoft Office (for analysis, research, and presentation creation), specifically PowerPoint, Excel and Word.
• Highly organized and self-directed; able to keep on an assigned track with minimal direction
• Strong presentation development skills (design and verbal)
• Solid knowledge of social media with clear understanding of marketing principles
• Knowledge of basic research methods and strategies preferred.

About the Internship Program...
• Our Summer 2023 program is a 11-12 Week Internship that will run from Monday, June 5th through Friday, August 25th, 2023
• Full time-schedule (35-40 hours/week) required
• Company-issued computer or secured remote access provided for the duration of the internship program
• Our internships are paid opportunities with a competitive salary. Credit is not required; however, we will provide the necessary documentation for school credit if desired. Relocation is not provided.
• Application deadline: 01/09/2023

What We Offer...
• Mentorship from some of the industry’s kindest and most passionate entertainment veterans
• Engaging events including executive speaker sessions, professional development seminars, panels with recruiters and former interns, intern-exclusive events, and so much more
• Incredible networking opportunities with industry-leading professionals and a robust intern alumni network
• Hands-on work with passionate, talented team members in your field
• A creative, collaborative, and inclusive company culture

What You Can Expect to Take Away from the Program...
• Opportunity 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

Interviewing will take place from January through early February. A Warner Bros. Discovery 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 for roles that will be performed in New York City. The rate listed is just one component of Warner Bros. Discovery’s total compensation package for employees. Pay Rate: $45 per hour USD.