David Zaslav could become a billionaire
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Netflix Inc.’s $72 billion acquisition of Warner Bros. Discovery Inc. is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.
There's a good chance that his reign in entertainment is about to come to a close when Warner Bros. Discovery sells. The only question is his legacy.
David Zaslav just pulled off one of the greatest media mergers of the century — but that doesn’t mean he’s done wheeling and dealing.
Warner Bros. Discovery CEO David Zaslav told staff Friday that the company's pending sale to Netflix is unlikely to lead to sweeping layoffs.
The Warner Bros. Discovery CEO tells staff at a town hall meeting Friday that the pending sale to the streamer feels like "a good fit"
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
With Netflix, the Warner Bros. Discovery board is getting what it wanted – a market-leading buyer with firm financial foundation.