Nine months later, Stankey quietly began negotiations with Zaslav to unload WarnerMedia, allowing the phone company to exit Hollywood. After a rocky start, HBO Max has become one of Hollywood’s most popular streaming services. “CNN+ is the future of CNN,” Kilar said. The HBO Max launch was widely considered a flop, and Kilar moved quickly to reorganize the company, slashing the jobs of hundreds of workers. Despite the impending acquisition by Discovery, Kilar continued his mission to reshape the company.

Source: Los Angeles Times April 05, 2022 18:01 UTC