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Warner Bros. Discovery CEO Defends Leadership Amid Hollywood Strikes and Cost-Cutting Measures

David Zaslav attributes unpopular decisions to the need for 'hard decisions' during challenging times, while reaffirming CNN's focus on journalism over advocacy.

  • Warner Bros. Discovery CEO David Zaslav has defended his leadership during the recent Hollywood strikes and the company's cost-cutting measures, including layoffs and shelving content.
  • Zaslav stated that the strikes were 'bad for all of us' and his focus was on settling the dispute, despite criticism over his and other executives' high compensation.
  • He also addressed the company's recent unpopular decisions, such as the shelving of 'Batgirl' and 'Coyote vs Acme', attributing these to the need for 'hard decisions' during a 'very hard time'.
  • Zaslav reaffirmed that CNN, under new leader Mark Thompson, would focus on being a journalistic organization rather than an advocacy network.
  • He also spoke about the challenges of navigating the entertainment industry's 'generational disruption', requiring 'more aggressive, tougher, faster, decisions.'
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