WarnerMedia Chief Executive Officer Jason Kilar stated in a companywide address on Thursday that he has no plans to step down this year in the wake of AT&T Inc.’s decision to spin-off and merge the media company with Discovery Inc.Mr. Kilar’s future as head of WarnerMedia was called into question after AT&T and Discovery unveiled their plans last week. He wasn’t kept in the loop regarding the pending deal, Mr. Kilar stated that he would reconsider his options next year. Speaking on Thursday during a town hall meeting to celebrate the first anniversary of streaming service HBO Max, Mr. Kilar stated: “My plan and my focus is to remain here in my CEO role at WarnerMedia. I am not thinking right now about postmerger. There will be a time to consider that topic in 2022.”Mr. Kilar added, “I believe we have unfinished business, and the work of next year can and should be exceptionally fulfilling as the world continues to see what we are capable of doing.”
WarnerMedia CEO Jason Kilar Says He Will Stay at Company at Least Through Merger
Published by
November 28, 2024
(GMT+2)
WHAT TO READ NEXT
No items found.
STOCK ANALYSIS
MARKET OVERVIEW
SIMILAR NEWS
Ready to get started?
Start trading with the full package, from state of the art platform to free tool and favorable transaction fees.
All investments involve risks, including the possible loss of capital.
www.mexem.com is a website owned and operated by MEXEM Ltd. MEXEM Ltd is a European broker regulated by CySEC, license No. 325/17.
Read our Forms & Disclosures.
Any advertisement or communication concerning the distribution of derivatives falling within the scope of the Regulation of the FSMA of 26 May 2016 governing the distribution of certain derivative financial instruments to retail clients is not addressed to the Belgian public.