The chief executive of WarnerMedia and most of his senior leadership team are leaving the company on the eve of its takeover by rival Discovery, a mass turnover in the top ranks at one of Hollywood’s largest empires.
Jason Kilar — a video streaming veteran that WarnerMedia parent AT&T had hired to take on Netflix — is to exit, as will eight others including the group’s chief financial officer and the chief executive of the entertainment portfolio.
The exodus comes as Discovery prepares to take over WarnerMedia after its chief executive David Zaslav engineered the media coup of the decade. The $43bn merger brings together his much smaller company, Discovery, with WarnerMedia, the owner of HBO, Warner Bros and CNN.