Warner Bros. Discovery Ignores Writers Strike During Earnings Call

CEO David Zaslav says the streaming business will be profitable in 2023

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As the Writers Guild of America strike enters its fourth day and dominates media headlines, news of the event was conspicuously absent from Warner Bros. Discovery’s first quarter earnings call this morning.

No executive on the call mentioned the strike or the picket lines that have sprung up on both coasts. And during the question and answer portion, no analyst asked a question about the stoppage.

That’s a big contrast to Paramount’s earnings call yesterday, where CEO Bob Bakish observed there is a “pretty big gap” between the studios and the WGA in negotiations, with the company preparing to settle in for a long strike.

Instead of commenting on the strike, CEO David Zaslav heavily focused on the company’s streaming operation, which he described as “no longer bleeding.”



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