Streaming Is the Next Big Thing

Jon Kelly and Peter discuss the inside story behind David Zaslav’s decision to kill off CNN+: the personal beefs, the strategic blunders, the Kilar of it all, and the deeper and more sinister truth… Warner Bros. Discovery isn’t a media company so much as it’s a highly-levered and financially engineered corporate marriage of necessity. Zaz needs another Game of Thrones less than he needs $14 billion in EBITDA and $3 billion in synergies.

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