The merger between WarnerMedia and Discovery is an entrée into the streaming war dominated by the likes of Netflix, Amazon, and Disney+. For John Malone, one of Discovery’s largest shareholders, it’s a play for control in an ever-changing TV landscape.
, Zucker ultimately fired Chris after a woman’s allegations of sexual assault surfaced. Chris Cuomo’s spokesperson told journalists that the allegations “are false” and that he “was never asked about the allegations prior to being terminated.”, Zucker had pushed the Cuomo-brothers story line—Andrew would come on Chris’s show and they would discusssafety while ribbing each other in an oddly puerile way for a news program. The shtick seemed to help ratings.
Zucker, who is an old friend of Zaslav’s, had been seen as a person who could protect CNN, its content, and its budgets, after the merger. That might have been magical thinking. Warner Bros. Discovery will have more than fifty billion dollars in debt. A person with close industry ties said that Zaslav will probably have to make three to four billion dollars in cuts once he takes over the new company.
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