Appearing virtually at an investor conference hosted by BofA Securities, Wiedenfels called the strikes an unfortunate situation.

Content is the backbone of what we do.

From an operational/financial perspective, Wiedenfels said, were really shut down.

Warner Bros. Discovery CFO Gunnar Wiedenfels

Warner Bros. Discovery CFO Gunnar WiedenfelsSven Hoppe/picture alliance via Getty Images

Theres very little content production going on right now.

WGA West building in Hollywood