Warner Bros. Discovery CEO David Zaslav is confident that TNT will survive without the NBA. Despite ongoing talks with the NBA for a new rights deal, Zaslav emphasized the company’s efforts to enhance its sports lineup on its channels.
“We have been on a journey here in the U.S.,” Zaslav stated. “We added hockey, a summer of NASCAR, college football, March Madness, baseball playoffs, and U.S. Soccer to our offerings on TNT. It is a very robust offering for consumers to enjoy sports all year round.”
Zaslav also highlighted WBD’s international sports offerings, including European rights to the Olympics and various soccer rights. He discussed the Disney-Hulu-Max bundle and the upcoming sports streaming service with Disney and Fox as strategies to reduce churn and provide a seamless viewing experience for consumers.
Addressing the topic of consolidation in the entertainment industry, Zaslav mentioned that WBD plans to be “opportunistic” and “disciplined” as it improves its balance sheet. He anticipates potential opportunities for consolidation in the industry over the next few years.
During a lightning round of questions, Zaslav was asked to react to the word “Paramount.” He responded with “Great storytelling heritage,” acknowledging the uncertain future of the entertainment company.
With Zaslav’s strategic vision and focus on enhancing the sports offerings on TNT, Warner Bros. Discovery aims to maintain its position in the competitive entertainment landscape.