Last week, with NewFronts staged ahead of virtual Upfront presentations scheduled for this week, Discovery Inc. CEO David Zaslav and WarnerMedia CEO Jason Kilar spoke at the eighth annual MoffettNathanson Media & Communications Summit.
What timing! With the May 17 pre-market confirmation that WarnerMedia and Discovery Inc. will merge via a tax-free Reverse Morris Trust-engineered merger, the Wall Street firm’s leaders believe that “the rationale for today’s monumental news that
WarnerMedia will be merging with Discovery can be plainly found in our Q&As.”
