Joe Flint

Disney and Comcast finally settle long-running feud over Hulu valuation and reach a settlement deal. https://t.co/M6wt8BN9C6 via @WSJ

Asked about future cuts at the global networks business which has already seen substantial layoffs over the past three years, Wiedenfels said, "we will continue to be very focused on efficiency."

Oct. 2016 Time Warner market cap $67.2 billion (when AT&T announces acquisition) April 2018 TWX market cap $75.3 billion (two months ahead of AT&T close on TWX) May 2021: TW Media valued at $43 billion in deal with Discovery to create Warner Bros. Discovery. May 2023 WBD market

The next time I break up with someone I think I'll tell them it's to unlock value of both our assets.

Nice @TonyMaglio "Zaslav’s 2024 compensation package was valued at nearly $52 million...You know who wasn’t making money? WBD shareholders. The newly formed company’s stock opened April 9, 2022 at $42 per share. Today, shares are teetering around $10." https://t.co/DhaHCcT5vj

Sentiment from some Warner employees about marriage and split is that a handful got very well compensated for three+ years of disappointing stock price and lots of layoffs.

Lots of talk about "quality" on the Warner Discovery call. Makes me recall this classic Pete Townshend quote from mid-60s: "If you steer clear of quality, you're alright."

Investor call over. Kudos analysts on a job...done.

"We will continue to be very focused on efficiency" -- Warner CFO Gunnar Wiedenfels when asked about future layoffs at the Global Networks group he will be overseeing after Warner Discovery separates.

About 25% of HBO Max’s streaming viewership comes from content from Discovery’s networks, Zaslav said to investors. Wiedenfels said the level of content from the Discovery networks will be “pretty close to what we’re seeing today.”

Second superman mention and a supergirl mention. That's two shots!

"We feel like we’ve found a very compelling strategy of quality." -- David Zaslav on Warner movie,tv and hbo assets.

"Congrats on getting us to this point" -- an analyst on the Warner Discovery separation investor call.

Peterman - A job done. https://t.co/MvBBJtg69Q via @YouTube

Pre-recorded portion of WBD investor call ending. Time for hopefully a not boring Q-A with analysts.

"This move reveals a company fumbling its way through disruption" - Emarketer's VP of content, Paul Verna on Warner Discovery separation into two companies.

Warner CEO David Zaslav says the two companies (streaming/studios and global networks) will be "better aligned with shareholders, more agile and aggressive and creative in pursuing growth."