Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse

in an appearance prior to the call what he believes will bring the impasse to an end: “A love for the business and a love for working. We all came into this business because we love storytelling. … That’s what’s going to bring us together.”

When co-hosts Andrew Ross Sorkin and Joe Keenan suggested that studios might be “glad” that the guild is on strike because they will be able to cut costs, Zaslav hastily replied, “We’re not glad.”CEOs have been public targets in the days following Tuesday’s official start to the strike, with Paramount CEO Bob Bakish taking a drubbing yesterday.

Bakish said during Paramount’s earnings call on Thursday that while he believes writers are “essential,” the company has

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warner Bros. Discovery stock falls after earnings missShares of Warner Bros. Discovery Inc. were falling more than 2% in premarket trading Friday after the media giant trailed expectations with its first-quarter...
Source: MarketWatch - 🏆 3. / 97 Read more »

David Zaslav Says Warner Bros Discovery’s Streaming Business Is “No Longer Bleeding”Warner Bros Discovery CEO David Zaslav has said the company’s U.S. streaming operation is “no longer bleeding” after it posted a $50M profit for Q1 this year. “It’s harder t…
Source: DEADLINE - 🏆 109. / 63 Read more »