Those include streaming; cable and satellite channels around the world; theatrical movie releases; and gaming. "I think it's a big benefit that we're a fully diversified company," Zaslav said, acknowledging a "moment of uncertainty" about Netflix and the wider streaming wars after Netflix reported its first subscriber loss in nearly a decade last week, leading to a morning in which its stock dropped 35%. Warner Bros. Discovery officially launched on April 11, nearly a year after AT&T struck a deal to spin off WarnerMedia and merge it with Discovery. The new company incorporates CNN, HBO, the Warner Bros. studio, Discovery's channels, and many other assets. "Our mission is simple: to be the world's best storytellers, with world-class products for consumers," Zaslav said. He said Warner Bros. Discovery's "balanced monetization model" gives the company a "unique hand" -- a not-so-subtle contrast to Netflix, which has historically been judged almost solely on subscriber totals.