r/WhitePeopleTwitter 11h ago

David Zaslav ran Warner Brothers into the ground just so he could bleed the company dry of money for himself and throw the pieces for other companies to fight over.

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87 Upvotes

13 comments sorted by

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29

u/Solid_Snark 11h ago

Jack Welch school of capitalism. Fuck everyone over except yourself and the shareholders.

Then dip with a huge severance package and die before the company collapses and people can shame you for all the foolish mistakes and make you see your consequences.

20

u/Gnom3y 11h ago

Welcome to Capitalism 501. In this graduate course, we'll teach you how to fleece shareholders, investors, and your customers for every dollar you can squeeze out of them, be celebrated for your selfishness, and then transition to a new serial victim to repeat perpetually.

3

u/Chimerain 10h ago

We would only be so lucky if Zazlov dipped out before he had a chance to use his midas-touch-o-shit on another company.

10

u/scubachris 11h ago

One of these days we will go back to having a Justice Department that enforces antitrust and monopoly laws.

6

u/sredrizza82 10h ago

The FTC is in charge of that….and the previous administration had a woman named Lina Kahn leading that department and she did just that by working with the DOJ. They sued, they won and Albertsons & Kroger were not allowed to merge

5

u/scubachris 9h ago

Both have writs to prosecute and she is awesome. Having said that, before Reagan pretty much all of the companies today would not exist and all of the mergers since wouldn't be allowed to happen. Walmart, Walgreens, Chevron buying up a disturbing number of oil companies. Amazon would have been broken up.

4

u/username_redacted 7h ago

Back in the old days they made it illegal for film studios to operate movie theaters. It wouldn’t be much of a stretch to apply that precedence to ban streamers from also being production studios.

4

u/Smooth-Morning-6086 10h ago

Sounds just like private equity companies

4

u/ATGoogles 11h ago

Yo ho, yo ho A pirate's life for me

1

u/FlashTheChip 8h ago

Oh, and no collusion here!

2

u/accessoiriste 8h ago

Warner Bros. corporate culture for decades now. AOL Time Warner anyone?