Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse
deadline.comWarner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days.
But the company’s CEO told CNBC’s Squawk Box in an appearance prior to the call what he believes will bring the impasse to an end: “A love for the business and a love for working.
We all came into this business because we love storytelling. … That’s what’s going to bring us together.” When co-hosts Andrew Ross Sorkin and Joe Keenan suggested that studios might be “glad” that the guild is on strike because they will be able to cut costs, Zaslav hastily replied, “We’re not glad.” CEOs have been public targets in the days following Tuesday’s official start to the strike, with Paramount CEO Bob Bakish taking a drubbing yesterday.
Zaslav was called out — live on WBD-owned CNN, no less — by comedian and Adam Ruins Everything host Adam Conover for his historically lofty compensation.
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