Tonight, David Zaslav’s tortured restructuring effort has turned Hollywood, Wall Street and the press against him—as evidenced most recently by the Times Magazine’s triple-bylined opus. Is there still a grand strategy at play? Plus, more Condé questions.
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Chief executives like to philosophize—it’s one of the ways that the art of corporate governance, strategic investment, and financial sponge-wringing ascends to a higher art form. David Zaslav, for instance, occasionally likens his leadership of Warner Bros. Discovery to the painting of an enormous fresco. In private conversations with friends, he uses this analogy to emphasize the massive time and effort required to combine...
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