Word from Burbank and New York during these especially dog-ish days of August is that Warner Bros. Discovery C.E.O. David Zaslav has been huddling with his C.F.O., Gunnar Wiedenfels, and other advisors to try to figure out their next steps. The recent quarter’s financials were scary—scary even for Hollywood in 2024—with that $9 billion write-down of the television assets, revenue declining 6.2 percent across all its units, and the “irreparable harm” the company says is coming from losing its most important TV franchise: the NBA. With subscribers and advertisers permanently abandoning linear TV, and a credit downgrade by S&P Global from “stable” to “negative,” there are few signs of light at the end of this two-and-a-half-year Warner Discovery tunnel.