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Warner continues to restructure itself in one of its most complex mergers

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Merge two large companies as they are Warner and Discovery It’s not easy at all. They’re companies with shared departments, and when they merge… there’s a lot of people. “Layoffs,” as they implicitly call it. It will also significantly affect hbo max and streaming.

The Warner and Discovery merger cost a lot of money, so David Zaslav, the new CEO of the new Warner Discovery company, made himself a target. $3.5 billion cut in expenses. HBO Max has already suffered Cancellation of TV series and moviesAlthough there is a classic way to reduce expenses in companies… fire people.

According to the comic, Warner Discovery plans to lay off 30% of its workforce in sections like sales and advertising. More than 100 workers have already been laid off, although some seem to have negotiated layoffs and early retirement.

Most worried about users Cancellation of TV series and movies flow, and apparently the new CEO, David Zaslav, is not shaking his hand. After the movie was finished and spent more than $70 million, it didn’t hesitate to cancel Batgirl and the new Batman animated series created by Bruce Timm and JJ Abrams. Also a large number of international TV series.

A hbo max It’s going great with House of the Dragon and swept the Emmys this weekend.

But experts as important as Disney’s former CEO assure that HBO Max won’t survive, because streaming world demands a lot of moneyand Warner Discovery doesn’t have it.

Maybe that’s why the new company is making so many cuts. this is possible hbo max Y Warner Discovery They do not have the budget of Disney, Netflix, Amazon Prime Video and other giants of the world. streamingbut the lack of money is compensated by talent. hbo max It shows that he has more than enough with his multi-award winning series. The big question is: Do rewards attract subscribers?

Source: Computer Hoy

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