Warner Bros Discovery misses Q3 goals due to restructuring and loss of advertising, Zaslav promises more cuts in response

[Jman]

He’s doing the Q3 conference call right now. I’ll give out the highlights when done.

[PokeNirvash]

HEY ZASLAV

[Daos]

Lol stock down 10 percent. 5 percent after closing which was only an hour ago.

[Jman]

Highlights!

 

 

 

Edited November 3, 2022 by Jman

[Toonamiguy321]

Golden age of content isn’t over, yet Adult Swim doesn’t have a damn thing announced to fill in all the gaps from the shows cancelled this year. Maybe AS just isn’t part of that golden age?
 

The results of this in a few years will be interesting. There are only 2 possible outcomes. Either Zaslav ends up looking like a hero who made countless tough choices to save the business, this will cement his legacy as a master businessman, or everything continues to crash to an irreparable state and Zaslav will be seen as pure toxin to put in charge of anything. 

[Seight]

WBD: *Loses money partly because of costs associated with canceling various projects*

David Zaslav: 

[ben0119]

On 11/3/2022 at 4:25 PM, Jman said:

Highlights!

Fuck him.

[Sketch]

Cuts will continue until morale has improved. - Zaslav probably