Warner Bros. Discovery CEO David Zaslav’s Dilemma: Be Wall Street’s Superhero or Hollywood’s? | Analysis

The chief executive says he’s focused on long-term quality, but then the company’s stock dropped 14%

Warner Bros. Discovery CEO David Zaslav demonstrated on Thursday that he’s stuck on the horns of a dilemma that is the fate of a contemporary entertainment mogul: He wants to satisfy Wall Street and be beloved in Hollywood.

Can he be both?

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Joe Bel Bruno

Joe Bel Bruno

Joe Bel Bruno is TheWrap's Editor at Large, Business. He most recently served as the Founding Editor of the business news site dot.LA. He was previously the Managing Editor of Variety, and served as Deputy Business Editor and later Deputy Entertainment Editor at the Los Angeles Times. Bel Bruno also ran markets coverage for The Wall Street Journal. Before that, he was an award-winning reporter at the Associated Press in New York, and held senior posts in London and New York for Knight Ridder Financial.