has big ambition to build up the Warner Bros. Discovery venture to reach some 200 million streaming subscribers around the world.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.
“The toughest thing to do is to put together a great library — a menu of IP,” Zaslav said. “I believe in the next couple of years, more and more people are going to look to raise their hand. We’re going to see more consolidation, more IP and libraries being sold.” “We’re not in the phone business or the retail business. That singular focus will drive a great culture with people that care about content and love content,” he said.
The COVID-19 pandemic forced a one-year delay for the Tokyo 2020 Summer Games. Zaslav asserted that there are advantages for Euro Sport to having the 2022 Beijing Winter Games start in just seven months. “We don’t have a two-year lag. We think we can do better in terms of keeping subs and gaining subs,” he said.** Discovery Plus to date has attracted 800 advertisers — twice as many as they’d predicted at this stage.
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