Gunnar Wiedenfels, the chief financial officer for Warner Bros. Discovery, believes you're not paying enough for your favorite streaming service.
Speaking Thursday at Citi's 2023 Communications, Media & Entertainment Conference in Scottsdale, Ariz., Wiedenfels said streaming services have been priced to to get subscribers at the expense of profitability, describing the approach as a "land grab."
"There's no doubt that these products are priced way too low," he said.
