🎧 Warner Bros.' Wobbly Future
Its plan? Strip-mine IP and slash debt as its core Hollywood businesses continue to struggle
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As Warner Bros. Discovery chief David Zaslav pours money into reconstructing Robert Evans’ legendary estate, a far more daunting reconstruction awaits: his company. On Friday, WBD’s Q4 earnings report wasn’t pretty. Zaslav’s company missed on both earnings and revenue, and the stock went down roughly 12 percent. The crew looks at what WBD’s head honcho's plan to remedy the disaster. Also: Richard Rushfield breaks down his five-part field guide for how to navigate Hollywood archetypes, and Elaine Low gives an update on the upcoming IATSE negotiations.
Transcript here.
