From KCRW, I'm Kim Masters, and this is the business.

A big Netflix setback, Warner Brothers Discovery Chief David Zaslov reveals himself

and a shocking, not shocking, end-of-year shake-up at Disney.

Bantor buddies Matt Bellany and Lucas Shaw join me for our 2022 end-of-year mega-banter.

I'm here with not one but two banter buddies, Matt Bellany, founding partner of Puck News and Lucas Shaw,

head of the entertainment team at Bloomberg.

Hello to both of you.

Hello.

Hey, Kim.

So.

Are you going to acknowledge that we're in person

for the first time in three years? Okay, I am acknowledging that we are in person for the first,

it's true, for the first time in three years. That's kind of amazing, isn't it? I look the same.

I don't know about you guys, but. Only I look better. You've clearly had something done.

Yes. No. Yes.

No.

Okay.

Now, we're going to just start out.

Let's just talk about what may or may not be the story of the year.

I was going to say Bob Iger, replacing Bob Chapik at Disney.

But in our pre-banter banter, Matt Bellany here, decided to put the Netflix stock dive into the mix.

So Matt, explain to me why.

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