WBD’s David Zaslav Says Industry Must Focus And Fight To Resolve Strikes As They Spill Into The Fall

In our guidance, we said that this would be resolved in September.

And here we are in September.

And this is really a very unusual event to have.

sag-afra strike

SAG-AFTRA picketersJohn Lamparski/Getty Images

The last time it happened was 1960.

Warner Bros.

If we can get it resolved soon, then the long-term impact will be minimized, he said.

But there are real industry challenges here.

We havent fully recovered from Covid, particularly on the motion pictures side.

And so weve put off some movies.

We put offDune[Part Two] and some other movies.

So we are very focused on how we get this industry, this great industry, back.

Prolonged strikes mean a weaker content slate, already in the fourth quarter, impacting all divisions.