Discovery Is Struggling, But a Top Analyst Says CEO David Zaslav May Be Able to Save It

Zaslav Has a Track Record of Success

David Zaslav has been the CEO of Discovery since 2006. During his tenure, he has overseen the company's transformation from a small cable network into a global media conglomerate.Zaslav is known for his aggressive deal-making strategy. He has acquired a number of companies over the years, including Scripps Networks Interactive and Time Warner. These acquisitions have helped Discovery to expand its reach and become a major player in the media landscape.

Zaslav's Vision for Discovery

Zaslav has laid out his vision for Discovery in a number of public statements. He wants to make the company a "global leader in real-life entertainment." This means focusing on content that is unscripted and authentic. Zaslav believes that this type of content is more appealing to viewers than scripted programming and has offered a look at his vision for CNN going forward saying that it should offer a mix of hard news and opinion programming.

Obstacles Facing Discovery

Discovery has a number of obstacles to overcome in order to achieve Zaslav's vision. The company is facing increasing competition from streaming services such as Netflix and Disney+. Additionally, the traditional cable bundle is declining in popularity. This is putting pressure on Discovery's revenue stream.

Zaszlav's Plan to Save Discovery

Zaslav has a plan to address the challenges facing Discovery. He is investing in new content and expanding the company's streaming platform Discovery+. Zaslav is also working to reduce Discovery's debt load and improve its profitability.

The Conclusion

It remains to be seen whether Zaslav's plan will be successful. However, he has a track record of success and is determined to make Discovery a leading media company. If he can execute his plan, Zaslav could help Discovery to overcome its challenges and emerge as a stronger company.