WBD CEO David Zaslav said that the pending merger with Paramount Skydance has been “challenging,” but he remains “confident” a sale will go through. Slaven Vlasic/Getty Images for The New York Times
Life without NBA games continued to hit Warner Bros. Discovery in Q2, as advertising revenue fell 22% from the same period in 2025. At the same time, WBD saw revenue growth in its streaming segment, with HBO Max’s 200 million global subscribers serving as the hub of that area (HBO Max would merge with Paramount+ and its 80 million subs if [a merger with Paramount Skydance](/Articles/2025/09/11/report-paramount-skydance-planning-bid-for-wbd/) goes through). WBD CEO David Zaslav said that the pending merger has been “challenging,” but he remains “confident” a sale will go through. Zaslav: “We have every expectation that the transaction will close.”