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David Zaslav Lauds AT&T Boss John Stankey For Packing “Full Suitcase” Of Content Into WarnerMedia, But Some On Wall Street See Legacy Assets Deferring Streaming Dreams

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deadline.com
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Discovery chief David Zaslav, whose sizable corner of the media business is getting a lot bigger, said he had previously looked at the idea of creating a “global HBO,” but all the best series were taken.“We couldn’t have come together with the old Time Warner. … It’s a great brand but there is nothing in the suitcase.

Now the suitcase is full,” he said during a call with Wall Street analysts to dissect the combination of his company with AT&T-owned WarnerMedia.The landscape-altering deal comes as both companies are in the midst of major course-correction aimed at countering secular declines in linear viewership and advertising spending.

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