DIRS.INFO The most relevant business & tech news

☆ Warner Bros. Discovery’s stock plummets to new low amid concerns the media giant could lose its NBA rights
▼ + stars: | 2024-05-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. TNT has built a programming slate around the NBA games, most notably the highly rated ”Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question. Since WBD first began trading on Wall Street in April 2022, the stock has lost roughly 70% of its value. And for Zaslav, whose company is struggling on Wall Street, the battle could not come at a more inopportune time.

Persons: New York CNN — David Zaslav, “, WBD, —, Joe Flint, Amol Sharma, Isabella Simonetti —, Charles Barkley, Andrew Marchand, Warner, That’s, NBCU’s, I’m, Zaslav, Gunnar Wiedenfels, Wiedenfels ’, Bob Iger, David Ellison’s, ” Organizations: New York CNN, Warner Bros, NBA, CNN, Industry, WBD, TNT, The Athletic, New York Post, NCAA, MLB, NHL, NASCAR, Disney, Fox Corporation, Netflix, Paramount Global, Wall Locations: New York

☆ Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
▼ + stars: | 2024-04-19 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

David Zaslav, the chief executive of Warner Bros. Mr. Zaslav’s compensation for 2023 is notable, however, because Warner Bros. In addition, Warner Bros. Discovery shareholders sent a clear message about Mr. Zaslav’s pay at the company’s most recent annual meeting: It’s too high. In a nonbinding “say on pay” vote, only 50.8 percent of shareholders approved of the $39.3 million he was paid in 2022.

Persons: David Zaslav, Zaslav’s Organizations: Warner Bros, Securities and Exchange Commission, Revenue, CNN, Discovery, ISS

Killing an all-but-completed movie would alienate the people Zaslav — or at least Hollywood — needed most: the people who made the movies. Under fire, Zaslav defended the decision in an earnings call with analysts, saying he shelved “Batgirl” to protect the DC brand. More quietly, Zaslav also sought cover in the authority of Bryan Lourd, the powerful co-chairman of Creative Artists Agency and a leading arbiter of Hollywood mores. As Zaslav told it to several associates, Lourd had supported the decision, observing that it wasn’t in the interest of C.A.A. “We have made unpopular decisions because they were necessary.”Hollywood was in trouble before David Zaslav came to town.

Persons: Zaslav, Wiedenfels, Batgirl ”, Michael Keaton, ”, Adil El Arbi, Bilall Fallah, Walter Hamada, Courtenay Valenti, Bryan Lourd, Lourd, Leslie Grace, “ Bryan Lourd, ’ ”, David Zaslav, “ Organizations: DC Comics, Hollywood, DC, Warner Brothers, Creative Artists Agency, Discovery, McKinsey, W.B.D Locations: Scotland, New York, Hollywood, W.B.D

Mr. Zaslav, who took over Warner Bros. But the tumultuous personnel changes at CNN under Mr. Zaslav’s leadership make clear that a Zaslav friendship, no matter how deep or longstanding, has its limits. Jeff Zucker, replaced as CNN’s chief executive by Mr. Licht, frequently described himself as Mr. Zaslav’s best friend. Don Lemon, the longtime host, socialized with Mr. Zaslav in New York and the Hamptons. CNN ousted Mr.

Persons: Chris Licht, David Zaslav, Zaslav, Zaslav’s, Jeff Zucker, . Licht, Don Lemon, Lemon Organizations: CNN, Warner Bros, Discovery, Hamptons Locations: New York

☆ David Zaslav’s Hollywood Script: Fail Fast, Learn and Move On
▼ + stars: | 2023-07-01 | by ( Joe Flint | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/david-zaslavs-hollywood-script-fail-fast-learn-and-move-on-de8c629b

Persons: Dow Jones

☆ CNN staffers breathe sigh of relief after dismissal of embattled network chief. Now they wonder, what’s next?
▼ + stars: | 2023-06-08 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN staffers don’t want the organization to be known for and consumed by a never-ending soap opera starring the C-suite. With Chris Licht’s dismissal as chairman and chief executive of CNN on Wednesday morning, staffers are aiming to get back to that mission. In recent months, David Zaslav, chief executive of CNN parent Warner Bros. The piece, in which Alberta spoke to more than 100 CNN employees, called into question Licht’s ability to lead the organization moving forward. Will the next network chief be an improvement over Licht?

Persons: don’t, Chris Licht’s, Jeff Zucker, Licht, David Zaslav, Zaslav’s, David Leavy, Tim Alberta, Zaslav, —, “, ”, ” Zaslav, “ It’s, Amy Entelis, Virginia Moseley, Eric Sherling, WBD Organizations: CNN, Employees, Warner Bros, Hudson, New Locations: Alberta, New York

☆ Embattled CNN chief apologizes to staff after embarrassing profile, vows to ‘fight like hell’ to win back trust
▼ + stars: | 2023-06-05 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —Chris Licht started CNN’s daily network editorial meeting on Monday by directly addressing the elephant in the room. “I want to say that I’ve spent the weekend doing a lot of thinking,” Licht told staffers, many of whom had dialed into the meeting specifically to hear from their embattled chief executive. Employees had not heard from Licht since The Atlantic’s Tim Alberta on Friday published a blistering 15,000-word profile on him. He said that he would “fight like hell” to win over the trust of the 3,500-person news organization he leads. In the immediate future, I’m told, Leavy is counseling Licht and CNN leadership’s primary goal is to stabilize the ship.

Persons: Chris Licht, I’ve, ” Licht, Licht, Tim Alberta, Donald Trump, ”, They’ve, David Leavy, David Zaslav, Zaslav, I’m, wouldn’t, WBD, Leavy Organizations: CNN, Employees, Hudson, Warner Bros, “, North Star

Search resuls for: "Zaslav’s"

7 mentions found