Tag: David Zaslav

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.

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.

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.

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

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

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

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.

Total revenues at Discovery, Inc. were up 21 percent year-on-year to $3.06 billion, with the company ending the period with 17 million direct-to-consumer subs.

David Zaslav is set to remain president and CEO of Discovery, Inc. through 2027, extending his previous contract, which ran till the end of 2023.

Discovery and WarnerMedia are merging, with David Zaslav set to lead the combined company.