Warner Bros. CEO Calls 'Joker 2' Disappointing Amid Breakup Speculation

Warner Bros. Discovery CEO David Zaslav admitted that "Joker 2" was disappointing, impacting the company's financial performance. During a call with investors, executives faced questions about the potential breakup of the media conglomerate due to its declining earnings and significant debt. The company is struggling with the transition to streaming as traditional cable networks lose subscribers. Analysts questioned the benefits of maintaining the current portfolio, while Zaslav acknowledged the need for industry consolidation amid "generational disruption."