WarnerMedia CEO to depart after Discovery merger: memo

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‘With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing this amazing company,’ WarnerMedia CEO Jason Kilar says in a memo

“With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing this amazing company,” Kilar said in the memo to employees on Tuesday. The merger is expected to close this month.

That announcement blindsided the talent community, with Christopher Nolan telling one industry trade publication that he and other filmmakers “went to bed the night before thinking they were working for the greatest movie studio and woke up to find out they were working for the worst streaming service.”

 

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