David Zaslav

On Tuesday, investor Ross Gerber criticized Warner Bros. Discovery (NASDAQ:WBD) CEO David Zaslav for his leadership, calling the company's planned split into two independent public companies a result of a series of poor decisions. What Happened: Chris Bakke, the founder of Laskie, which was later...

Warner Bros. Discovery (NASDAQ:WBD) has announced its plan to divide into two separate public entities by next year. The stock surged 8.86% in Monday pre-market. What Happened: The media giant announced on Monday that it will divide into two entities: one focused on streaming and studios—housing...

Warner Bros. Discovery Inc. (NASDAQ:WBD) is reshaping its streaming strategy, cutting back on sheer content volume and doubling down on premium franchises, all while striking licensing deals like sending Scooby-Doo over to Netflix Inc. (NASDAQ:NFLX). What Happened: On Thursday, during the company's...

Warner Bros. Discovery Inc (NASDAQ:WBD) shares are inching higher in extended trading Tuesday after the company added two new board members. What Happened: After the market close on Tuesday, Warner Bros. Discovery announced that SoFi Technologies Inc (NASDAQ:SOFI) CEO Anthony Noto and newly...

Warner Bros. Discovery Inc.’s (NASDAQ:WBD) colossal $9.1 billion writedown of CNN, HBO, TNT and other TV networks during the second quarter is simply a sign of the times, the company’s CFO says. What Happened: Consumers continue to abandon traditional TV for online streaming services,...

A new media rights deal for the National Basketball Association (NBA) is nearing the finish line and could be a slam dunk for fans and the new partners. Here's a look at the latest. What Happened: A new NBA deal is expected to be 11 years in length and total $76 billion from three partners,...

Senator Bernie Sanders may want to look away from a new report that highlights 2023’s highest-paid CEOs of S&P 500 companies. The Vermont senator is working to pass legislation that would increase taxes on companies that pay their CEOs 50 times more than the pay of their median worker....

Movie industry experts expect a weak box office in 2024. And yet, the boards of major studios decided to reward their CEOs handsomely, according to Variety. The domestic box office collected roughly $8.6 billion in 2023 (COVID-19-era 2021-2022 saw a combined total of $12 billion). It was a year...

Paramount Global (NASDAQ:PARA) shares are trading higher Wednesday following reports suggesting Byron Allen made a $14.3 billion offer to acquire Paramount Global. The Details: According to a report from Bloomberg, Allen Media Group has made a $14.3 billion offer to buy Paramount Global, offering...

As media companies scramble to reduce costs and increase profitability, a new potential suitor has emerged with interest in buying Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) parent-company National Amusements. What Happened: According to a report from the Wall Street Journal, Skydance Media CEO...

Warner Bros. Discovery, Inc. (NASDAQ: WBD) shares are trading lower Thursday amid reports of a potential merger with Paramount Global (NASDAQ: PARA). What To Know: Axios reported that Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday to discuss a...

Shares of Warner Bros. Discovery (NASDAQ:WBD) are falling Wednesday after the company reported third-quarter (Q3) financial results. Could a boy wizard and a revival of a hit franchise help the company's future success? What Happened: Warner Bros. Discovery reported revenue of $9.98 billion for Q3...

The Hollywood writers and actors have been on strike for over three months and nearly two months, respectively, and as a resolution proves elusive, Mary Trump, the niece of former President Donald Trump, called out the inequality and the lack of a level playing field. What Happened: The studios...

A coterie of studio executives and CEOs recently met with Writers Guild of America (WGA) leaders to go over a contract offer that they believe could end the ongoing strike in Hollywood. According to multiple media reports, the meeting was a bust.  What Happened: Per Variety, Walt Disney (...

After losing a job, there are a number of way employees can react whether it be anger, fear or celebration. For the former CNN CEO, he chose the latter. What Happened: On Thursday, it was announced that CNN Chairman and CEO Chris Licht was leaving the cable news network. The move came...