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#zaslav — Public Fediverse posts

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  1. The consolidation's happening much slower than I predicted, but it's happening.

    Zaslav clearly hates the business he's in so I'm not surprised Warner is being consumed rather than being a consumer.

    Netflix/Warner, Disney/Hulu, Amazon/MGM, Apple/???, and one more major, probably, will be the main streamers, with a few low-cost niche providers remaining.

    Of course, this doesn't include the fully ad-supported streamers.

    #Netflix #WarnerBros #Disney #Hulu #Amazon #MGM #AppleTV #streaming #Zaslav

  2. In 2023, GQ wrote an honest piece about David Zaslav, CEO of Warner Brothers Discovery.

    Zaslav didn't like it, so had it pulled and re-written. He likely hoped it would go away, forever.

    But the internet is forever, and Zaslav's bad behavior is his own fault.

    A PDF: scribd.com/document/657170477/

    And an attached PNG (which may or may not get munged by this platform).

    #wbd #zaslav #DavidZaslav #WarnerBros #WarnerBrothersDiscovery #Hollywood #film #tv #movies #television

  3. Just imagine being a creatively bankrupt CEO who destroys US$9.1 billion by trying to turn one of the world's largest media conglomerates into Netflix...

    (Source on that US$9.1 billion figure: variety.com/2024/tv/news/warne)

    ...And getting paid a US$50 million salary to do it.

    Because CEOs get paid based on merit. Apparently.

    variety.com/2024/biz/news/warn

    #Warner #Zaslav #CEO #WarnerBros #WarnerDiscovery #film #movies #tv #entertainment #business #news #capitalism

  4. Every year, some of the richest and most powerful leaders in business, media and politics touch down in Sun Valley, Idaho,
    for a private confab hosted by New York investment bank Allen & Company.

    The vibe is trail-dad chic — think puffy Patagonia vests and Apple watches and stealth-wealth cashmere pullovers. Imagine the resort from Dirty Dancing but replace all the beautiful young dancers with mostly older White men carrying Wall Street Journals under their arms and grumbling about regulatory overreach.

    The summit’s agenda and lecture topics are kept secret, and reporters who attend generally have to stay off the record so that the one-percenters can mingle and speak freely as they wander the mountain resort,
    gossiping about industry and, occasionally, forging historic multibillion-dollar deals.

    Sun Valley is widely believed to be the place where Jeff #Bezos decided to buy The Washington Post, and the site of the meet-cute between Comcast and NBC Universal.
    (Warren #Buffett, who is notably absent from this year’s guest list, once referred to Sun Valley dealmaking as ABWA, or “acquisitions by walking around.”)

    This year’s parade of private jets is expected to touch down Tuesday, as the Idaho Mountain Express reported last month, bringing together dozens of power brokers
    — including AI kingpin Sam #Altman; Disney CEO Bob #Iger and a coterie of his potential successors; plus all of the usual suspects like Apple’s Tim #Cook, Meta’s Mark #Zuckerberg, Google’s Sundar #Pichai, media moguls Rupert #Murdoch and #Oprah Winfrey and many others, including David #Zaslav, the CEO of CNN’s parent company Warner Bros. Discovery, according to Bloomberg and Variety.
    (A spokesperson for Warner Bros. Discovery confirmed Zaslav would attend.)

    There are also some notably absent names from the guest list this year.

    There’s Buffett, who is normally a fixture at the event but who is nearly 94 and, perhaps, happy to let his spryer successor, 62-year-old Greg #Abel, handle the high-altitude trekking and chit-chattery. Less likely but still half-seriously rumored is that Buffett is avoiding the shindig after the press last year picked up on his wife, Astrid, complaining about having to pay $4 for a cup of coffee.

    Also absent this year is Elon #Musk, who might seem like a shoo-in until you imagine him winding up on a rafting trip with a bunch of CEOs whom he publicly urged,
    less than a year ago, to go f— themselves.

    While we expect plenty of chatter about artificial intelligence, the Succession-level drama about Iger’s succession plan, and the head-spinning negotiations that led to the Paramount-Skydance merger, there is one giant elephant — or donkey — in the room this year.

    Questions about President Joe #Biden’s ability to campaign have wealthy donors and Democratic officials in a tizzy.
    And it would be hard to imagine that a gaggle of elite media moguls would sit around the fire with their s’mores and bourbon and not speculate about potential replacements on the 2024 ballot.

    That could make the week particularly important for three governors on the guest list this year: Gretchen #Whitmer, Josh #Shapiro and Wes #Moore, all of whom have been floated as potential Biden replacements, even as the president forcefully denies that he’s contemplating dropping out.

    The political intrigue is, well, intriguing. But it’s also a timely reminder to zoom out and consider just how powerful the US has let its billionaire class become, and how events like Sun Valley amplify the inequities in America that are so systemic we hardly bat an eye at them.

    As the writer Hamilton Nolan wrote in 2021, Sun Valley is a place where “the billionaires are feted by the mere millionaires; the millionaires drum up enough deals to allow them to buy their third and fourth homes …

    This is the wondrous model of American capitalism in action
    — a tiny handful of wealthy people eat cake, and an entire nation gathers downstream, hoping to snatch up a few falling crumbs.”

    cnn.com/2024/07/09/business/su

  5. Latest from @rbreich

    robertreich.substack.com/p/how

    "[J]ust 50.8 percent of shareholders approved the $39.3 million Zaslav was paid in 2022, when the corporation lost $7 billion.
    ..Zaslav tried to shift CNN from anti-Trump confrontation toward an imaginary political “center.” The effort was doomed from the start because there is no legitimate political center between democracy and Trump’s lie-driven fascism"

    #CNN #Trump #Zaslav #Media #news

  6. "Those impressive sales figures caught the eye of Zaslav and CFO Gunnar Wiedenfels, who are focused on reducing Warner Bros. Discovery’s massive post-merger debt, enough to signal to the industry that the gaming division is the company’s new darling in its path to profitability."

    Uh oh. 😬

    #gaming #Zaslav

    variety.com/2024/gaming/news/w

  7. "fucking creatives, all you really need to know is how to write-off shit toward tax liabilities " - David #Zaslav who finds #AI rather entertaining

    hollywoodreporter.com/business

  8. OK K.O.? Oops!
    Infinity Train? Oops!
    Mao-Mao? Oops!
    Close Enough? Oops!

    It's actually breathtaking to go back through the lists and see just how many well-know series got scrubbed from official existence, years of work by tens of thousands, or even hundreds of thousands of people, just to move some numbers around on a balance sheet and avoid paying microscopic streaming residuals. Fuck WB Discovery, fuck Zaslav who seemed really focused on killing off anything diverse (huh I wonder why), and support the WGA and Sag-AFTRA strikes, because if mega-corporations are out there with sockpuppet accounts telling you they're getting paid plenty, they're absolutely not getting what they deserve. #wb #wbdiscovery #zaslav #wga #writersstrike #sagaftra

  9. I hadn't read the GQ article before it got pulled from GQ (which can be described as cowardly at best... no journalistic ethics), but now that I have…

    THIS is what he decided to freak out about? This isn't mean or nasty, it's just detailing the bullshit we all know about - he creates cheap, reality content (usually garbage to my eye) & favors that over real, scripted films.

    Not a good look for a CEO to be so thin-skinned in public…

    #GQ #Zaslav

    archive.is/ftmBd

  10. Streisand effect yet again: here’s the link to the published and then canceled #GQ story about David #Zaslav and the mess he has made at #Warner Bros Discovery/ #HBOMax. Max is full of reality slop, #CNN has been gutted and there is little hope of it turning around with this man at the head. archive.ph/2023.07.03-160323/h

  11. GQ's profile of Hollywood villain David #Zaslav has disappeared from its website—after GQ removed the first conclusion and replaced it (bsky.app/profile/thielman.bsky) with something far more generic.

    Here's an archive of the edited version: web.archive.org/web/2023070321

    Not a good look for either of them, but also kinda business as usual.

  12. I cannot imagine what justifies an invitation for David Zaslav to join the Motion Picture Academy. Maybe wait until he makes one movie first?

    I appreciate the group's efforts for film preservation, but the Oscars are dumb, folks. Always have been, always will be.

    #Zaslav #Oscars

    hollywoodreporter.com/movies/m