3 days ago
- Business
- AU Financial Review
Warner Bros Discovery ‘fumbling through disruption' as cable TV struggles
Just three years ago, media chief David Zaslav pulled off the deal of his life: combining his much smaller television company Discovery with HBO-owner Warner Bros in a $US43 billion merger that he described as a 'rendezvous with destiny'.
On Monday (Tuesday AEST), Zaslav, in effect, unwound that deal by splitting Warner Bros Discovery into two companies facing very different futures.
