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Discovery Chief David Zaslav: “We’re Seeing Green Lights” From D.C. On WarnerMedia Deal; Big-Screen Movie Business “Not Going Away”

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Discovery CEO David Zaslav delivered another fusillade of optimism surrounding the company’s pending merger with WarnerMedia during a conference call with Wall Street analysts.The companies announced the $43 billion deal in May, and management teams at both companies continue to estimate it will gain regulatory approval by next summer.“We are focused on one thing and one thing only,” Zaslav said, referring to getting the deal done.

He reaffirmed the mid-2022 outlook for approval, saying he had been in Washington last week for unspecified meetings. “We have broad support for this transaction,” he said. “We haven’t heard any pushback. … Right now, it feels to us on every level, we’re seeing green lights, we’re not seeing any yellow lights or

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