Discovery Chief David Zaslav: No ‘Pushback’ to WarnerMedia Transaction From Washington

  • Variety
Discovery Chief David Zaslav: No ‘Pushback’ to WarnerMedia Transaction From Washington
Discovery CEO David Zaslav has big ambition to build up the Warner Bros. Discovery venture to reach some 200 million streaming subscribers around the world.

But first, he has to close the $43 billion WarnerMedia spinoff transaction with AT&T that surprised in the industry in May. On Discovery’s second-quarter earnings call Tuesday, Zaslav said progress on getting regulatory approvals for the deal seem to be moving forward without much friction. He noted that he made the rounds in Washington, D.C. last week and felt no obvious friction.

“Right now it feels to us on every level, we’re seeing green lights, we’re not seeing yellow or red lights,” Zaslav told investors Tuesday. “There’s broad support for this transaction. We haven’t heard any pushback.”

During the 70-minute call with analysts, Zaslav reiterated his expectation that the deal will close by the middle of next year. He sees more
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