Ann Sarnoff to leave WarnerMedia


© Reuters.

(Reuters) – Ann Sarnoff, the chief executive officer of WarnerMedia Studios and Networks Group, will leave the company, the New York Times reported on Tuesday, citing people briefed on the matter.

The report comes on the same day as WarnerMedia Chief Executive Officer Jason Kilar announced his departure, just ahead of the closing of a merger between the AT&T (NYSE:) unit and Discovery (NASDAQ:) Inc.

A representative of AT&T did not immediately respond to a Reuters request for comment.

Earlier in the day, Variety reported that Andy Forssell, HBO Max executive vice president and general manager, is leaving the company.

Sarnoff joined WarnerMedia in 2019 and oversaw HBO and HBO Max, the Warner Bros studio, cable channels and the consumer products division. Forssell, who reports to Kilar, also joined the firm in 2019.

AT&T on Feb. 1 agreed to spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery. Shareholders of Discovery and the U.S. Department of Justice have cleared the deal.

Discovery CEO David Zaslav will lead the merged entity, AT&T had said earlier.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*