Warner Bros. Discovery Eyes Strategic M&A Amid Financial Recovery
CEO David Zaslav outlines plans for potential acquisitions as the company strengthens its financial position and expands its global streaming presence.
- Warner Bros. Discovery has reduced its debt by $15 billion, now standing at $43.2 billion.
- CEO David Zaslav anticipates consolidation in the streaming industry, with 4-5 dominant global platforms emerging.
- The company is considering new mergers and acquisitions over the next two to three years.
- WBD is negotiating NBA rights but maintains a robust sports portfolio without it.
- The Disney+/Hulu/Max bundle aims to enhance user experience and reduce churn.
Deadline 
The Hollywood Reporter 
Variety 