Pressure is intensifying on Warner Bros. Discovery CEO David Zaslav to deliver shareholder value after taking a $9.1 billion impairment charge on the decline of its TV business. Puck’s Matt Belloni explores the state of legacy media, Warner Bros. Discovery’s crucial carriage fee negotiations with Comcast, and the future of streaming. Meanwhile, Democratic Presidential Nominee Kamala Harris is set to unveil her policy plans this week. Vivek Ramaswamy, former Republican presidential candidate and co-founder of Strive Asset Management, weighs in on the 2024 election and what the economy might look like under Harris versus Trump. Plus, The Wall Street Journal reports that activist investor Starboard Value has acquired a stake in Starbucks and is pushing for actions to boost the stock price, and Deadpool and Wolverine hits a billion dollars at the box office.
Matt Belloni - 17:53
Vivek Ramaswamy - 28:19
Vivek Ramaswamy, @vivekramaswamy
Matt Belloni, @mattbelloni
Kelly Evans, @kellyCNBC
Michael Santoli, @michaelsantoli
Andrew Ross Sorkin,@andrewrsorkin
Katie Kramer,@Kramer_Katie
