Zaslav must've sucked all the life and money out of the company, so now it can be discarded.

rip tv

Zaslav’s new Streaming & Studios outfit will consist of Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as their film and television libraries. Global Networks, meanwhile, will include premier entertainment, sports and news television brands around the world including CNN, TNT Sports in the U.S., and Discovery, top free-to-air channels across Europe, and digital products such as the profitable Discovery+ streaming service and Bleacher Report.

So basically it sounds like they’re going to remove CNN, Discovery shows, and live sports from HBO Max. They’re effectively undoing the merger that they did just a few years ago, which is great because it was clearly a terrible idea. Add in the fact that they’re also reverting the name of “Max” to “HBO Max” and it’s a complete surrender of this shitty merger.

Now the only thing left is to get rid of Zaslav, the originator of all these bad ideas.

So after this brief merger they are already splitting again? But this time Discovery gets loaded up with the declining linear television parts and I assume also the huge pile of debt?

Obviously share ownership adjusted accordingly, but I guess there would have been no other way to transfer the debt and declining business parts directly to discovery or someone else. Because no one would take that deal even for free.

I might actually see this as a win for movie/television fans as I doubt there'd been a faster way for warner/HBO to become separated from the debt and cable stuff.

The re-rebranding back to HBOmax makes more sense now.

It'll be interesting to see how this changes CEO pay. Does Zaslav take a pay cut since he now manages a much smaller company? I doubt it. I bet he gets another performance bonus and on the other side the former CFO now CEO of the new company will also be paid handsomely to handle the crappy parts. Leading to overall even more management salary.

Time is a flat circle

So first they become one shitty company and ruin everything and now that there is nothing worth a shit left they are going to split up again. God I hate corporate america.