Welcome back to What I’m Hearing...
Happy Thursday, and a reminder that your Puck membership gives you access to all of our fantastic authors—Dylan Byers, Julia Ioffe, Baratunde Thurston, Bill Cohan, Eriq Gardner and many more. I recommend Teddy Schleifer’s look at billionaire Tom Steyer’s recent moves in politics. And if you’re not a member yet, you really should fix that. Honestly, it’s embarrassing at this point. Just click here.
Thursday Thoughts…
The goodwill tour has finished, and the executive purge has begun. Here’s who’s up, and who’s out, as Team Zaz assumes full control of the combined (and debt-ridden) Warner Bros. Discovery.
Anyone who’s sat with David Zaslav over the past 11 months—and that includes me—has received one message above all: Tell me what I need to know. Despite being a successful media executive for decades, the incoming Warner Bros. Discovery C.E.O. has executed a listening tour for the ages, chatting with everyone from Steven Spielberg to labor experts to lower-level agents. I wouldn’t be surprised if Zaslav interviewed the Polo Lounge custodial crew to determine the Hollywood community’s preferred fragrance of urinal cakes.
A lot of that has been for show, of course. Regardless of whether Zaslav actually takes anyone’s advice for HBO Max, Warner Bros., or CNN, he needs people in the creative community to think he’s been listening to them. Maybe he’ll spend more on content, like he says he will, or maybe he’ll spend less, or maybe he’ll decide that the Game of Thrones spinoff should be a jukebox musical in black and white—but at least he listened. How else would the notoriously frugal proprietor of 90-Day Fiance—someone who’s never really dealt with entertainment unions or top-tier talent, and who actually dared ask producers to take out loans to front their own production costs—be taken seriously? AT&T C.E.O. John Stankey and the phone company functionaries never did that basic ingratiation, and, during its four years of ownership, AT&T was greeted not as enlightened digital colonists but as an invading army of suits...
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FOUR STORIES WE'RE TALKING ABOUT Putin’s atrocities are a reminder that western peace-keeping institutions of the post-war era are defined by rhetoric, not substance. JULIA IOFFE On billionaire hedge funder Tom Steyer’s Bloombergian post-political afterlife—and who might rise up in his place. THEODORE SCHLEIFER Puck’s Belloni goes one-on-one with Jason Kilar, who recently resigned as WarnerMedia’s sometimes-controversial CEO. MATTHEW BELLONI Will dismal approval ratings relegate Biden to a single term? Puck's Ben Landy and Peter Hamby discuss. PETER HAMBY
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