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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Warner Bros. Discovery Reportedly Plans To Cut More Jobs and Budgets, Raise Max Streaming Price

Warner Bros. Discovery CEO David Zaslav.

As his media company deals with more than $44 billion of debt and the very possible loss of one of its biggest revenue-producing engines, live NBA game rights, Warner Bros. Discovery CEO David Zaslav “has ordered his lieutenants to find additional opportunities for cost-cutting,” Bloomberg reported, citing unnamed sources.

Among the possible outcomes, the report said, are additional job cuts, on top of the nearly 2,000 WBD employees who have been let go since Zaslav and his team took over in 2022. 

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