’s first earnings call with Wall Street analysts, CEO David Zaslav re-emphasized his plan to take a prudent approach to streaming as he guides the newly merged company.
The comments follow his earlier pronouncement that the company will not “try to win the spending wars” in streaming. Netflix, which is shelling out $20 billion this year for content, is suddenly on the back foot despite leading the field, due to subscriber losses and new questions about its business model.is staking out a more moderate path with its twin services, HBO Max and Discovery+, which will soon be combined in a single offering.
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That’s what he thinks
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