Another Terrible Quarter for WBD! Is it Time to Fire David Zaslav? | WBD Stock Analysis

[@hansolyoon1074]

Great video. I was initially interested in Wbd before it merged with discovery…. HBO MAX’s potential, DC, and a promising video game studio… But jeezus, a ton of debt (even tho it is fixed rate) and their profit generator is in a perpetual decline (cable tv)

[@TimeintheMarket]

Thanks! Yea the debt is a problem that they're working on but it's not the reason for the failure to be anywhere close to their touted 2023 targets, just poor management, poor DTC growth and a declining industry that's hard to combat.

[@mattanonysaurousrex]

I think you hit the nail on the head at the end. They need to get good at something and commit to the investment in it. Otherwise, I feel this is just going to be a slow bleed.

[@mcribprime6594]

There’s a massive problem with WBD right now, they have effectively cut everything they can and have lost significant trust with lots of creative talent in Hollywood. 11.2 billion depreciation in 1 Quarter is absolutely staggering, and yes they have paid down some debt they are at a point were they can’t really cut anymore and now have to start selling or leasing assets. DC under Gunn maybe a success but he has turned a hell of a lot people off to DC and he had a major negative impact in DC theatrical gross last year which was freaking abysmal. If you started investing in WBD following the merger then I feel sorry for you because it’s been a torrid couple of years. The next 6 months, with further projected loss of advertising and the complete loss of the NBA (most pointless law Sue in history) will require serious questions to be asked about WBD leadership.

[@TimeintheMarket]

Yea I doubt the turnaround if any is coming anytime soon. For the NBA lawsuit, I assume they're just trying to get some money out of the NBA and not sure they actually felt like the lawsuit was going to help them retain the rights.

[@mcribprime6594]

@@TimeintheMarket The NBA don’t owe them a penny, the agreement was up hence it went out to tender and WBD for whatever reasons have lost the rights they can’t sue for anything NBA were 100% within their rights to take their company to the best partner fit. I agree I don’t see any change anytime soon, House of the Dragon season 1 was the number watched show in the world and yet WBD dramatically slashed the budget half way through season 2 and it showed. Even the show runner has called that out.

[@TimeintheMarket]

Indeed, I'll never understand why they would want their marquee show to cut back from 10 episodes to 8. Sure, you'll save some money but this world is a staple of your content for the next decade so this is where you want to be investing.

[@davidtruelove5022]

Fire David Zaslav now!

[@hhhrobi]

You are killing me with these thumbnails! took me like 5 seconds to see what company it is. Really hurts your views and does not make justice to the video quality :(

[@TimeintheMarket]

I don't know how to make good thumbnails :)! What should I be doing, making the stock ticker/company name more obvious?

[@hhhrobi]

@@TimeintheMarket yes. And flames!(joke) Maybe look at how other creators are doing it. See what catches your eye and why. Why is one video attracting your eyes and others aren't?

[@mattanonysaurousrex]

I like it. I wouldn't change it. But I'm probably not representative of the majority.

[@juanita-dark]

​@@TimeintheMarketHere's an example of an eye-catching thumbnail on the same subject: kzbin.info/www/bejne/rIC4eoCvZtaeY68si=al801b9CcAOegV32 I'm here because I was looking for a more detailed vid - which yours is - but that thumbnail attracted me first. You've got good content though, so I don't think the commenter is being obnoxious.