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Discovery-WarnerMedia Deal Chatter: John Malone’s Big Move, Jason Kilar’s Exit Plan

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variety.com

Cynthia Littleton Business EditorDiscovery’s tie-up with WarnerMedia has stirred up a firestorm of chatter about the impact of the deal that took nearly everyone in Burbank and Hudson Yards by surprise over the weekend.After a day of digesting the news and reading tea leaves, industry insiders were focused on the timing of WarnerMedia CEO Jason Kilar’s departure and the size of his severance package after one year and two weeks on the job.Another surprise that emerged from the fine print on the deal was the changes it signaled for John Malone, the Liberty Media and former TCI baron who is a longtime investor as an individual in Discovery.

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