Warner Bros. Discovery (WBD) CEO David Zaslav addresses the company's strategic plan, highlighting a pathway to growth. Despite missing revenue and profit estimates, the Max streaming service ended 2023 profitably. Zaslav discusses plans for a sports streaming service in collaboration with Disney and Fox. However, investors remain cautious as the stock is down 9% premarket following the earnings call. The CFO of WBD refrains from making long-term projections, leading to investor uncertainty. WBD stock opens at an all-time low after missing estimates, with a significant drop of over 60% since the AT&T deal in April 2022.