Discovery CEO Says Kevin Mayer Joining as Streaming Consultant, Touts WarnerMedia Merger: “We Got the Best Menu” of Content

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Discovery CEO Says Kevin Mayer Joining as Streaming Consultant, Touts WarnerMedia Merger: “We Got the Best Menu” of Content
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David Zaslav also touted the financial momentum going into the planned merger as better than expected.

Zaslav also made it official that Discovery CFO Gunnar Wiedenfels will serve as CFO of the merged Warner Bros. Discovery.

Discovery’s management team on Wednesday also touted the media company’s strong free cash flow trends and suggested its financial position going into its planned merger with AT&T’s WarnerMedia would be better than expected. Company executives also signaled that they were feeling good about their ability to quickly reduce the higher debt load following the mega-deal.

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