‘Our Streaming Business Is No Longer A Bleeder,‘ WBD’s David Zaslav Says

Discovery David Zaslav

After media companies have lost billions of dollars making the pivot from linear TV to streaming, CEO David Zaslav declared that Warner Bros. Discovery’s business is no longer hemorrhaging red ink.

“Here in the U.S., our streaming business is no longer a bleeder,” Zaslav said on the company’s first-quarter earnings call Friday. “It’s hard to run a business when you have a big bleeder.”