As it has become transparent that Warner Bros. Discovery is in trouble. Zaslav blamed AT
The merged company arrived with a debt of about 50,000 million dollars, which it will struggle to pay.
Wall Street learned how flawed the merger was when Warner Bros. Discovery released its effects for the quarter ended in September. The new company lost $2. 3 billion out of $9. 8 billion. Operating money was only $124 million.
Zaslav turns out to have gained broken assets among those he acquired with WarnerMedia. He deserves to have known more and he deserves to make excuses now.
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