They devalued their business by $9 billion a few days ago. Their stocks tanked. They've lost the NBA.
Losing the NBA was a proverbial nail in a proverbial coffin.
I could go on all day about what David Zaslav has done to this company. Keep in mind, I LOVE Warner Bros. This is an iconic company that has given us some of the greatest movies, music, TV shows, cartoons, and family-oriented programs in history. From Looney Tunes to DC Comics to Harry Potter to HBO.
Zaslav comes from Discovery and he's more focused on reality shows and that type of programming.
When the WB Discovery merger happened, it was instantly downhill.
Zaslav canceled ALL scripted, original programming on TNT (except Snowpiercer) and TBS. Then canceled Snowpiercer after filming and production was completed. Which leads to this...
While the Batgirl movie was probably not going to be very good, David Zaslav canceled its release and did so in the most egregious way possible. He could've just released it on HBO Max. Instead, he had the movie completely purged. Every copy of the movie, every scene, the hard drives any thing was on, poof, gone. The directors even said they couldn't save ANY footage of the movie. All to get a tax write-off.
And thus began the content purging. Countless movies and TV shows just began disappearing. Countless finished projects scrapped and deleted. Movies and TV shows that once existed, completely purged for tax write-offs. In fact, if you bought WB movies on your PlayStation to watch on there, some of them have disappeared. Movies people ****** paid for, gone, vanished forever. (I've been buying up WB movies at videostores left and right.)
This has since become an alarming trend as Disney has begun to do the same thing. Purging content to avoid paying royalties and getting a tax credit (which needs to be done away with) to do so.
The Batgirl decision was made worse when they released Black Adam and The Flash, movies that were apparently much worse according to insiders. (The Flash is pure crap, I couldn't make it halfway.) And at that time, they also decided to reboot the DC film universe ... ****** again. This is a project that's doomed from the start because AT&T released the infamous "Snyder Cut" which turned out to be an absolutely fantastic movie that redeemed Zack Snyder and has a large segment of DC fans wanting to see Snyder's vision finished.
Zaslav restructured CNN by installing Chris Licht as president, a decision that led to endless turmoil and a complete erosion in public trust (a result of Licht ordering a hard-right shift).
Zaslav ordered the removal of tons of WB Animation properties from Max. Some of these were sold off to Amazon, others were purged.
Because Zaslav hates the WB and HBO brands, he renamed their streaming service "Max," which is considered the single worst rebrand in the history of Corporate America.
Just today, the popular Cartoon Network's website has gone dark, replaced with a link to a hub on Max.
There have been countless rumors over Zaslav's tenure about the future of TCM (Turner Classic Movies) and its hub on Max. We're talking about a channel that distributes some of the greatest movies of all time, such as Citizen Kane, Casablanca, Gone With The Wind, The Shining, The Exorcist, One Flew Over The Cuckoo's Next, and so on.
Oh, and he's ruined HBO. And now, because Max is an ad-supported services, showrunners are pissed off because they now have to tailor their content to make room for commercials. One thing that led to HBO's boom in popularity was the creative liberty showrunners had.
As I said, I could go on all ****** day about this piece of amphibian ****.
Basically, David Zaslav is the most hated person in Hollywood and one of the most hated business executives of all time. If Elon Musk wasn't literally Lex Luthor, David Zaslav would be a household name because of the sheer hatred the general public would have for him.