Thread regarding Warner Bros. Discovery, Inc. layoffs

"streaming services have yet to become profitable"

"Online content is becoming super competitive and complicated which means the need to prove itself worthy of investors' attention is more important than at any point in the past, certainly since COVID hit," Fitz-Gerald said. "I do not own the stock and would be hard pressed to buy it absent some very, very compelling results."

It's zaslav's responsibility but not necessarily his fault. none of these legacy media companies are in good shape because they fell for their own "woke" propaganda. the under-30 audience gave them them middle finger and went to youtube, and now zaslav, iger, bakish, etc are increasingly desperate to get them back. it's not gonna happen.

https://www.thewrap.com/warner-bros-discovery-earnings-preview-q4-2022/

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