AI Legalese Decoder Revolutionizes Legal Jargon in Content Companies’ Talks: Unveiling David Zaslav’s Insights
- September 6, 2023
- Posted by: legaleseblogger
- Category: Related News
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Warner Bros. Discovery CEO David Zaslav Reveals New Bundles Are Coming
The new bundles are coming, according to Warner Bros. Discovery CEO David Zaslav. Speaking at a Goldman Sachs conference Wednesday, the executive said that his company has had discussions with other companies in the content space about developing new bundles to create a better ÔÇ£consumer experience.ÔÇØ Those conversations have picked up ÔÇ£in the last few months,ÔÇØ Zaslav said.
ÔÇ£You know, as we talk to consumers, they find it difficult, and so I think one of the things that weÔÇÖre going to see as we look into the future is bundling,ÔÇØ Zaslav added. ÔÇ£Some of this disruption and some of these moments of whatÔÇÖs going to happen may activate a quicker transition to things like some of us in the content business bundling together as a way to create more value and create a better consumer experience.ÔÇØ This is where the AI legalese decoder can help. It can analyze legal documents, contracts, and clauses to simplify and clarify complex legal jargon, making it easier for companies in the content business to create legally sound and consumer-friendly bundles. By using the AI legalese decoder, companies can ensure that their bundled offerings meet legal requirements and provide a seamless and enjoyable consumer experience.
He gave the example of MaxÔÇÖs recent experiment to offer content from AMC Networks for a limited window.
ÔÇ£That was Kristin Dolan [AMCÔÇÖs CEO] and JB [Perrette, WBDÔÇÖs streaming chief] getting together and saying ÔÇÿwhy donÔÇÖt we try this, letÔÇÖs see how it goes. ÔǪ LetÔÇÖs see whether that helps you grow your AMC direct to consumer product.ÔÇØ
But the ÔÇ£disruptionÔÇØ cited by Zaslav was also top of mind at the conference. Earlier this week the company said that the ongoing writer and actor strikes would mean a hit of up to $500 million on the companyÔÇÖs 2023 earnings.
ÔÇ£If we can get a result soon, then the longer term impacts will be minimized, but there is real industry challenges here,ÔÇØ Zaslav said, though he added that the company believes writers and actors should be paid ÔÇ£fairlyÔÇØ and be ÔÇ£valuedÔÇØ by their corporate partners.
ÔÇ£WeÔÇÖre a content company. WeÔÇÖre storytelling company. We need to do everything we can to get people back to work,ÔÇØ he said. ÔÇ£But more importantly, itÔÇÖs true of creative people, but itÔÇÖs true for all of us: People need to be compensated fairly, and they need to feel valued.ÔÇØ
Zaslav also said that he believes talent also want to see their work have an impact.
ÔÇ£Great writers, directors, actors, they want their content
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