David Zaslav could become a billionaire
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Netflix Inc.’s $72 billion acquisition of Warner Bros. Discovery Inc. is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April.
There's a good chance that his reign in entertainment is about to come to a close when Warner Bros. Discovery sells. The only question is his legacy.
Warner Bros. Discovery CEO David Zaslav told staff Friday that the company's pending sale to Netflix is unlikely to lead to sweeping layoffs.
Interviews with dozens of actors, producers and camera crews reveal an industry attempting to weigh the lesser of two horrible choices.