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Bob Greenblatt, Kevin Reilly leaving WarnerMedia in leadership shakeup
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Robert Greenblatt.
Thanks to WarnerMedia.
This story is offered specifically to Business Expert customers. End Up Being an Expert and begin reading now.
New WarnerMedia CEO Jason Kilar is shaking up the company’s management ranks in a significant reorganization that will see three leading execs leave the business.
The key departures consist of Bob Greenblatt, chairman of WarnerMedia Entertainment and Direct-to-Consumer; Kevin Reilly, HBO Max’s material chief and president of TNT, TBS, and TruTV; and Keith Cocozza, executive vice president, business marketing and interactions.
Kilar also raised other leaders consisting of Ann Sarnoff, who will oversee WarnerMedia’s broadened Studios and Networks group, and HBO’s programming president Casey Bloys, who will take on duty of material for HBO Max, TNT, TBS, and TruTV.
Read Kilar’s full memo revealing the modifications listed below.
If you have a pointer about WarnerMedia, email the author at [email protected] or message her through the encrypted messaging app Signal at 1-347-770-5933
See Insider’s homepage for more stories
The modifications come just months after Kilar took the reins on May 1, and the business introduced its new flagship streaming service HBO Max on May 27.
AT&T stated HBO Max had about 4.1 million total activations after its first month, consisting of about 3 million who subscribed to the service and those HBO customers who triggered their HBO Max accounts.
HBO’s longtime programs president, Casey Bloys, is taking on oversight of content for HBO Max and TELEVISION networks TNT, TBS, and TruTV, reporting to Sarnoff.
And HBO Max’s company will be led by Andy Forssell, who is now GM of HBO Max, reporting straight to Kilar.
Kilar revealed the modifications in an e-mail to staff on Friday.
Check out Kilar’s complete memo, published by WarnerMedia:
Team-
It has been a little over 90 days because I joined the objective and the group.
To achieve this, we are going to do the following:
We are elevating HBO Max in the company and broadening its scope globally.
Andy Forssell, General Supervisor of HBO Max, will now be leading a newly produced HBO Max running company unit and report to me.
Casey Bloys, President HBO Shows, will also be taking on initial content duties for HBO Max and the domestic direct networks TNT, TBS, and TruTV.
Jeff Zucker continues as Chairman of WarnerMedia News and Sports. Pascal Desroches( CFO), Rich Tom( CTO), Jim Cummings( CHRO), Priya Dogra( EVP, Strategy and Corporate Development) and Jim Meza( EVP, General Counsel) continue to report to me.
Simplifying our method and narrowing our focus surpasses, for instance, having one material organization vs two. It also suggests that we will be minimizing the size of our teams, our layers, and our total workforce. These reductions are not in any method a reflection of the quality of the people affected nor their work. It is simply a function of the above modifications I believe are essential for WarnerMedia and our collective capability to best serve customers. This is the part that hurts and really hard. It is difficult to find the proper words here to state other than that I am really sorry. These are talented, admired leaders and cherished coworkers.
Three of those gifted, appreciated leaders who will be leaving the company are Bob Greenblatt, Kevin Reilly and Keith Cocozza I want to thank Bob and Kevin for getting us to this point with the combination of HBO and the tradition Turner Networks and launch of HBO Max. It has actually been such a remarkable sequence of events, and we are a lot better for it. I also owe an incredible amount of gratitude and thanks to Keith, for not only helping me browse these last few months at the business – and with the media – however more significantly for his 19 years at the business through its development. I have never fulfilled a kinder, more collaborative executive in my career. I can’t wait to see how each of these leaders alter the world in the years to come.
I recognize this is a lot to take in. And none of us ought to expect the above modifications to be easy. That stated, we are successfully browsing a pandemic together and I know that, however challenging the above changes might be, we will also successfully navigate them. As each of you spend some time to absorb the above, I hope that you become more and more stimulated by how, together, we are boldly leaning into the future and this historical opportunity that is right in front of us. It is an honor to be on this group with each of you.
Please join me for a town hall conversation– and Q&A– focused on these changes on Monday, August 10 th at 9: 15 am Pacific Time. It will be livestreamed here
Jason
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