HBO host John Oliver took purpose at his bosses at Warner Bros. Discovery in a scathing section Sunday because the mother or father firm enacts sweeping cost-cutting measures throughout its companies.
The comic, who has incessantly delighted in jabbing his company overseers on “Final Week Tonight,” unleashed his newest dig throughout a section on the US authorities’s failure to offer monkeypox vaccines to different nations forward of the present outbreak.
“We let the vaccine sit unused on a shelf in our reserves like an expired Chobani or a $90 million film on HBO Max,” Oliver mentioned. “By the way in which, hello there, new enterprise daddy. Looks like you’re doing a extremely nice job.
“I do get the obscure sense that you simply’re burning down my community for the insurance coverage cash, however I’m certain that may all go,” Oliver added.
Oliver was referencing Warner Bros. Discovery’s stunning determination to drag the plug on its expensive DC Comics movie “Batgirl” with out ever releasing it on the streaming service HBO Max or every other platform. The corporate additionally canceled a deliberate “Scooby Doo” film.
“We’re not going to launch a film till it’s prepared,” Zaslav mentioned on a quarterly earnings name final week. “We’re not going to launch a film to make 1 / 4 and we’re not going to place a film out until we consider in it.”
Warner Bros. Discovery has pursued a number of strikes geared toward restructuring and slicing prices beneath CEO David Zaslav for the reason that merger between the 2 firms closed earlier this yr. Zaslav is aiming to shave $3 billion in bills on the mixed entity this yr.
Zaslav beforehand ordered the shutdown of the doomed $300 million CNN+ streaming service only one month after its launch after the initiative failed to attract many subscribers.
Additional cutbacks are anticipated to happen within the coming days. Warner Bros. Discovery is planning to conduct sweeping layoffs throughout its enterprise that may prolong into the autumn, in response to Puck Information.
The Publish has reached out to Warner Bros. Discovery for remark.
Oliver has by no means shied away from slamming different enterprise and media entities on his present.
Final month, Oliver shredded CNBC’s Jim Cramer for altering his tune on the correct response to inflation as costs steadily rose during the last yr.
Oliver additionally focused Disney’s response to Florida’s “Don’t Say Homosexual” invoice in March, calling the corporate’s file of political donations to GOP lawmakers “actively insulting.”