David Zaslav: Worst Media Exec of the 21st Century?
Posted: Apr 30, 2024
- Warner Brothers Discovery has lost over 60% of its market value since 2022 - Facing a mountain of debt - Stock is down almost 10% - Company has stopped making movies and new TV shows since strike - Struggling to find traction in streaming - Stock may be a value trap at $7.40, better value may be below $6
Summarized top reddit comments: - Mixed opinions on David Zaslav's performance as a media executive. - Some support Zaslav's focus on debt reduction and see potential for stock growth. - Comparison made to Jeff Zucker as a worse executive based on past decisions. - Criticism of media leadership in general, citing nepotism and decline in companies. - Acknowledgment of Zaslav inheriting a difficult situation at WarnerMedia. - Commentary on buying opportunities when there is turmoil. - Mention of Bob Bakish as another contender for worst media exec. - Criticism of various media executives during this era. - Question about who David Zaslav is, followed by clarification of his role as CEO of Warner Brothers Discovery.
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