Warner Bros. As Adweek’s Mollie Cahillane writes, “this is a new, streaming-centric media company that will once again reshape the media landscape.”“Today’s announcement marks an exciting milestone not just for Warner Bros. Discovery but for our shareholders, our distributors, our advertisers, our creative partners and, most importantly, consumers globally,” Warner Bros. Discovery, and Discovery shareholders own 29% of the new company. Discovery CEO David Zaslav in February following Jeff Zucker’s exit earlier this year, and he will report directly into Zaslav.

Source: CNN April 09, 2022 03:21 UTC