Discoverys acquisition of Warner Media generated significant debt which stood at about $50 billion at one point.
Free cash flow is stronger, streaming is (on-and-off) profitable and we have a long-term plan.
There will be some players that want to get out of the business.
Warner Bros. Discovery CEO David ZaslavKevin Mazur/Getty Images for Warner Bros. Discovery
Its one reason WBD has been trying hard to clean up its finances, he said.
I do think that some companies will be for sale.
Zaslav didnt mentionParamountGlobal, the company very much for sale right now.
Asked in a kind of lightening round to respond to the word Paramount he said great storytelling heritage.
As for M&A A lot of opportunity lies ahead.
check that youre buying smart.
The share, trending lower today, are at about $7.65.
The marketplace is not giving great value to the content side of the business.
