Receipt

    Filed September 2, 2026

    Story still evolving.

    The short version

    David Zaslav predicted on February 27, 2025: “In this generational media disruption, only the global streamers will survive and prosper, and Max is just that.” Verdict: Still evolving. Evolving (active recheck). The consolidation wave he describes is real - Paramount sold to Skydance, regional streamers retreated - and WBD's own streaming segment turned profitable ($677M adjusted EBITDA in 2024, 116.9M…

    Prediction by

    David Zaslav

    On February 27, 2025

    In this generational media disruption, only the global streamers will survive and prosper, and Max is just that.

    Follow-up

    Evolving (active recheck). The consolidation wave he describes is real - Paramount sold to Skydance, regional streamers retreated - and WBD's own streaming segment turned profitable ($677M adjusted EBITDA in 2024, 116.9M subscribers). But WBD itself moved toward a split/sale in 2025, testing whether "Max is just that" survives as a standalone proposition. Recheck as the transactions settle.

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