Tag Archives: David Zaslav

Even as its direct-to-consumer segment swung to a profit in the first quarter, Warner Bros. Discovery reported a Q1 loss of $1.1 billion, citing acquisition-related amortization costs and restructuring expenses, on revenues that were down 5 percent to $10.7 billion.

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Max, the unified HBO Max and discovery+ streaming platform, is set to roll out in the U.S. on May 23 with a new tagline, “The One to Watch.”

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On revenues of $11 billion, Warner Bros. Discovery reported a Q4 loss of $2.1 billion following $1.8 billion in asset write-downs and $1.2 billion in merger-related restructuring expenses.

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Warner Bros. Discovery, which closed the third quarter with almost 95 million direct-to-consumer subscribers, reported a net loss of $2.4 billion in the period on revenues of $9.8 billion as a result of merger and impairment costs.

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HBO Max and discovery+ will be combined into an as-yet-unnamed unified platform delivering both ad-free and ad-lite options in 2023, with a FAST service potentially to follow, David Zaslav and JB Perrette revealed in an investor call as Warner Bros. Discovery (WBD) reported its first financial results as a combined company.

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In its first financial results as a merged company, Warner Bros. Discovery reported a second-quarter net loss of $3.4 billion on revenues of $9.8 billion.

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Warner Bros. Discovery reported first-quarter revenues of $3.16 billion, a 13 percent gain, delivering a net income of $456 million.

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Discovery, Inc. has unveiled the future executive leadership team for Warner Bros. Discovery, led by David Zaslav as CEO.

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Discovery, Inc. ended 2021 with 22 million paying direct-to-consumer subscribers and full-year revenues of $12.2 billion, a 14 percent gain.

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In conversation with author and The New Yorker writer Ken Auletta at the Paley International Council Summit this morning, David Zaslav, the president and CEO of Discovery, Inc., discussed the pending WarnerMedia merger, the importance of scale and IP and finding success in the global streaming landscape.

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