Warner Bros. Discovery CEO Zaslav Chats Netflix, CNN at Sun Valley

The head of Warner Bros. Discovery Inc. said the media industry will focus on creating fewer, better shows as the streaming TV wars enter a new phase after Netflix Inc.’s surprise loss of customers earlier this year.

“The world has changed and it’s not about how much, it’s about how good,” Chief Executive Officer David Zaslav told reporters Tuesday at Allen & Co.’s Sun Valley Conference in Idaho.