Warner Bros. Discovery acknowledged that 'Joker 2' was disappointing even as analysts peppered the company with questions about a possible breakup

Warner Bros Discovery CEO David Zaslav anticipates a friendlier environment for deal-making under the incoming Trump administration, opening the door to industry consolidation, he said on Thursday.

Warner Bros. Discovery's asset sales are a must at this point, and hopefully CEO acts on this sooner rather than later. Read why WBD stock is a Speculative Buy.

Warner Bros. Discovery posted a surprise profit and revealed that its streaming service Max had had its best-ever quarter on Thursday, sending its stock higher.The company, which is the parent of the movie studio Warner Bros.

Warner Bros. Discovery's Max serves fewer ads per hour compared to other streaming platforms.

Warner Bros. Discovery under the guiding hand of CEO David Zaslav has made a series of puzzling decisions that seem antithetical to meeting fan demands. Key among its highlight reel of letdowns include unceremoniously canceling daring animated show Scavengers Reign and scrapping the completed Batgirl film for tax write-offs.

"Inconsistency" was the word of the day today during the Warner Bros. Discovery earnings. CEO David Zaslav acknowledged that the company's film business has been hit-or-miss lately, with Joker: Folie à Deux in particular being "disappointing".