Warner Bros Discovery CEO David Zaslav On Rumored Merger Talks: “We Are Not For Sale”
deadline.comRefresh for more: The top brass at Warner Bros Discovery held a company-wide town hall Wednesday over Zoom in which they laid out the current state of the company and the industry, acknowledging the hard times amid a slew of cost-cutting and layoffs and emphatically addressing merger rumors with CEO David Zaslav exclaiming, “We are not for sale, absolutely, not for sale.”This is according to sources on the Zoom.
While the CEO didn’t specifically address which company he was referring to, the assumption by many was that he was referring to Comcast.
There was no mention of the pending layoffs.“We have the strongest hand in the industry,” Zaslav told employees, according to sources. “We have everything we need to be successful to be the biggest entertainment media company in the world.”Sources said the meeting, which lasted about 75 minutes and stretched across all of WBD’s workforce, was led by Zaslav, who introduced division heads HBO & HBO Max chief content officer Casey Bloys, Warner Bros Television Group chair Channing Dungey and Warner Bros Motion Picture Group toppers Mike DeLuca and Pam Abdy.The meeting was an instrumental one for Zaslav, indicative of his philosophy when it comes to breaking down silos in the Warner Bros Discovery empire.
This is something that didn’t occur during the previous WarnerMedia regime; specifically when it came to all divisions working together to ride herd on J.J.
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