David Zaslav’s Beginning of the End

david zaslav
The Zaz strategy, which he’s all but broadcast via Bat-Signal, is to fend off the Ellison overtures for all of Warner Discovery, amputate the gangrenous cable networks next spring, and shop the studio and streaming assets separately to the many, many interested parties whose jockeying will result in a grand windfall. Photo: Kevin Dietsch/Getty Images
Matthew Belloni
October 17, 2025

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Sadly, it appears we must cross a couple supposed bidders for Warner Bros. Discovery off the list. Eddy Cue, Apple’s top services executive, came on The Town this week and all but ruled out a splashy deal for the home of HBO Max and the Warner Bros. studio. “I never say no to anything, but we’re not actively looking at buying any company of any size,” Cue told me. That followed Netflix co-C.E.O. Greg Peters dumping icy water on the hot gossip suggesting he’s interested in Warners. Netflix is a builder not a buyer, Peters reminded last week’s Bloomberg gathering, where he said that there’s a “reasonable amount of skepticism around big media mergers. They don’t have an amazing track record over the history of time.” (He might as well have finished that line with “cough AOL–Time Warner cough AT&T–Time Warner cough Discovery–WarnerMedia cough cough.”)