Claudia Eller Jason Kilar Entertainment Hollywood MGM Claudia Eller Jason Kilar

Hollywood Is Grappling with Media Consolidation Madness

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variety.com

Claudia Eller Co-Editor-in-ChiefTo borrow from the name of a popular Hollywood franchise, this week’s industry news came fast and furious.No sooner did The Wall Street Journal publish a profile of Jason Kilar celebrating his one-year anniversary as the CEO of WarnerMedia than Bloomberg broke a high-octane merger story two days later that will likely spell the end of the leader’s short and controversial tenure at the entertainment company.The morning after the May 16 bombshell news broke that AT&T had been engaging in stealth negotiations with reality TV giant Discovery to spin off its WarnerMedia assets into a newly combined company, another press outlet dropped a scoop that Amazon was considering a deal to acquire MGM.

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