Steven Cahall, a media analyst specializing in media company dynamics, joins comedian Nikki Glaser to discuss the precarious situation of Warner Bros. Discovery amid dwindling stock and heavy debt. They explore the company's reliance on linear television, the fallout from losing NBA rights, and the lack of strategic direction hindering recovery efforts. Nikki wraps up by reflecting on her upcoming hosting gig for the Golden Globes and the challenges she faces in revitalizing the program’s viewership.