Warner Bros.' Wobbly Future

As Warner Bros. Discovery chief David Zaslav pours money into reconstructing Robert Evans’ legendary estate, a far more daunting reconstruction awaits: his company. On Friday, WBD had its Q4 earnings report, and it wasn’t pretty. Zaslav’s company missed on both earnings and revenue, and the stock went down roughly 12 percent. The crew looks at what WBD’s head honcho's plan to remedy the disaster. Also: Richard Rushfield breaks down his five-part field guide for how to navigate Hollywood types, and Elaine Low gives an update on the upcoming IATSE negotiations. For more entertainment news, subscribe to The Ankler. Learn more about your ad choices. Visit megaphone.fm/adchoices