WBD CEO Comments on Company Culture Amid Paramount Merger Turmoil

  Rassegna Stampa, Social
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The numbers:

+10%—Warner Bros. Discovery’s Q2 streaming revenue increase with HBO Max’s international expansion and original content such as The Pitt and Euphoria.

-22%—Ad revenue decrease as ad-lite streaming subscriber growth was more than offset by the absence of the NBA and domestic linear audience declines.

-39%—Studio revenue down partly due to an unfavorable comparison year over year after the success of Sinners and A Minecraft Movie.

The watercooler talk:

Despite headwinds against the nearly $111 billion Paramount Skydance merger with Warner Bros. Discovery, David Zaslav, WBD’s CEO, is certain the transaction will close.

During WBD’s second-quarter earnings call on Thursday, Zaslav fielded a question about the company’s future if the deal didn’t go through and dismissed the notion.

https://www.adweek.com/convergent-tv/wbd-ceo-comments-on-company-culture-amid-paramount-merger-turmoil/