Well said, good one.It's not the CEO, it's the company, no one seems to understand that. No one is going to like the next CEO either he or she will still be running the same rotted company, unless they find the one who willing to just commence the fire sale and start strip mining for parts. The next CEO is not going to stop layoffs, the next CEO will not fix CNN, will not fix Cartoon Network, will not bring back deleted stuff, they aren't. They are going to either going do the fire sale of parts that can make money , find someone else dumb enough to buy it (getting harder), or sell it to the only buyers left like a private equity firm. There are no other media buyers they all screwed up for the past decades. It's gonna be like Shari Redstone but without the emotional connection she had; they are going to find the highest bidder and walk and not care if anything is broken up in the future.
It's like if the Titanic got a new captain after the boat already hit the iceberg and was sinking, can't blame the captain when it was already sinking. The dumbest thing he and Discovery did was actually buy Warner , they had hubris thinking they could do something different than others when they couldn't. I can see why, Discovery was successful, their cable networks even now are top 10 in ratings, they bought the Scripps cable networks and that worked. They thought they could could buy the flooded car and get it run again. Discovery's people didn't come in and decide they spent money just go in and destroy things.
It's not even just them, this from at least 3 decades of overt hubris, un self-awareness , bad decisions and greed. The radio industry the same thing, local TV industry same thing.
There is warning - it does happen with other studios.
Want CEO out? That’s not going to fix the problems at all.
What I’m doing? Move on and stop talking about CEO.