This will be laughed out of court but here it is anyhow. https://www.theguardian.com/us-news/2022/oct/03/trump-sues-cnn-defamation-punitive-damages
It'll be a pale caricature of its former self once the as----e in charge is done with it.
Are you kidding me? -$14.15 since acquisition. Somebody call the cops!
WBD = $11.56 Almost at single digit level, then on to penny stock. Zas is in way over his head. He needs to step aside and let a qualified CEO take over.
just a few days ago leadership was targeting 30% of ad sales/$3B in cost savings, but that was before the stock was threatening $11 per share. Given market dynamics beyond Zaslav's control, there is a real possibility we could be looking at lights... — read more
Can you believe it? What next? I know we merge with Universal. This is crazy, we have lost all our good talent and are scraping the bottom of the barrel, Zas included.
Let's go ahead and merge with Universal. This media industry is ripe for consolidation. We only need three major players in media, it's as simple as that. If no consolidation occurs, there will be many media company bankruptcies in the near term.
Yes, that's right. Stankey knew early on the Warner Media was a big mistake. He needed to dump Warner Media without delay. Stankey convinced Zas that Warner would be a good fit for Discovery. Sad sealed it hook, line, and sinker. Share price dropped... — read more
Warner Bros. Discovery Inc. said this week it’s sacking 100 TV ad salespeople, Paramount Global acknowledged it may stop offering Showtime as a standalone streaming service, and Netflix Inc., an industry gravy train for the last decade, announced... — read more
and thinks they know how to run it." https://deadline.com/2022/05/warner-bros-discovery-return-to-office-mandate-culture-clash-debate-post-warnermedia-merger-1235019565/ This analogy is becoming truer and truer with each passing day. Hey we know... — read more
Come on Zas, when are you gonna do something about the share price? We are sick of it, I should have sold off all my shares when at&t unloaded this mess on you. This company is a dumpster fire.
Warner Bros. Discovery insiders are bracing for layoffs starting as soon as next week. The cuts are expected to hit ad sales teams, the latst in a series of rolling layoffs throughout the year. CEO David Zaslav is under pressure to wring $3... — read more
If I don't get a better offer soon, I don't know how longer I can endure this much pressure doing a triple workload. They are literally testing our limits. Perhaps their goal is to have as many people as possible leave voluntarily?
The stock keeps plummeting with every move they make and some of you think they're doing a good job? Don't make me laugh. Their attempt to cut costs on account of deleting stuff and turning their back on women and minorities is costing much more than... — read more
I think Discovery is just a very ‘all’ audience, [they] don’t wanna make things that are political, topical, alienate Middle America—more Chip and Joanna If you want to still have a job in the media industry 5 years from now, this is the way. DEI... — read more
WBD is well on its way to becoming a penny stock. I think Zas is in way over his head. He started out by paying way too much to at&t for the WM acquisition.
With lay-offs just around the corner many of our younger staff are leaving and I can't blame them. I'm a long time employee of WBD, originally from Turner, and this is my 4th merger and by far the most painful. Its just a bunch of busy work since we... — read more
Warner Bros. Discovery Expected to Begin Announcing Layoffs Warner Bros. Discovery is reportedly preparing for massive layoffs at the company across all departments following the cancelation of... — read more
After Q2 earnings later this week we'll know how bad it'll get. I don't think any segment can consider itself safe right now.
HBO Max Europe Originals Team Face Layoffs At Warner Bros Discovery, With Final Productions Set To Be Licensed — “It Feels Like The End Of An Era,” Say... — read more
This place has class. I was laid off during Paternity leave. My job went to someone at Xandr who then subsequently was pushed out with the Microsoft sale. Makes tons of sense. Xandr to Turner and then Direct tv. It’s too bad I didn’t have a golden... — read more
I know stuff like this happens with any merger but I'm starting to worry if I'll be able to do my job properly if they decide to cut even more. I already have to do two jobs (as do my coworkers) for the price of one since there's nobody else to do it... — read more
This place has turned into a joke ever since it was first announced that AT&T was planning to buy us. Nobody takes us seriously anymore. I want to be gone before this latest merger/spinoff/whatever-it-is happens and having worked here becomes a... — read more
So the not so brilliant decision to acquire DTV was costly. But arrogant Randall went after T-Mobil and failed. The Board must be asleep or they are getting rich and don’t care? So they approve Time Warner media acquisition. Costly? Well let’s get... — read more
A WarnerMedia darling in troubles now https://deadline.com/2019/05/trutv-layoffs-restructuring-warnermedia-1202623141/
AT&T apparently has never heard the phrase, "a bird in hand is worth two in a bush". They abandon their customers in pursuit of new customers. Their acquisition cost for new customers in far greater than offering current customers more value. the... — read more
The wait is becoming unbearable - we know layoffs are coming, we know thousands of people will be affected, so please get it over with as soon as possible! Honestly, the anticipation and stressing are worse than finding out I need to look for a new... — read more
John Stankey does not motivate, nor does he have any ideas that will make us successful in the new media environment. He is riding this wave from his telco days thinking that TWM will be managed like he wished the telco could. Guess what mi amigo... — read more
Hundreds of pink slips are coming for "duplicative administrative functions" in AT&T's entertainment empire, and CEO John Stankey and TV chief Bob Greenblatt risk eroding "distinctive" individual brands like HBO and Turner in the process... — read more
Sorry, Warner, but as former DIRECTV, I feel for you all. AT&T insists on forcing their dysfunctional culture and processes on you despite proven success with your own. Not to worry, after a few years they will come back around to it and then act... — read more
Judging by they way AT&t performed their own layoffs there is little chance that they will announce what are they planning to achieve with this restructure or how many people are to be cut. Any rumors? What departments are they planning to trim the... — read more
For those who were hoping it would take some time before layoffs started - boy were you wrong... "AT&T's WarnerMedia announces reorganization that WSJ reports could lead to significant layoffs"... — read more
We know it will be bad, now would be good time to to know when it will start?
Welcome to AT&T! We will be adding you shortly to our list of quarterly surpluses and start adjusting your bonus and salary bands in the near future. Don't worry 10s of thousands of AT&T resources already deal with this you should be fine, we believe... — read more
Not fair that our org has to make up for AT&T's Total financial dysfuncion, are we supposed to makeup for the continued shrinking segments revenues? How about hiring competent professionals in network, wireless, and content?
Was laid off with about 250 others Christmas 2001. Big heavy dudes in suits and ties showed up and distributed colored badges to everyone. The color of the badge indicated employment status. Haven't had a steady job since then. Worked at electric... — read more
Got the call in the morning and was told I will be let go. It is kinda sad but not surprised its been a long year waiting to hear the news. But deep down I knew I was on the chomping block. But from what I heard I am part of a huge layoffs going on.