Celebs in News
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
Related Rumors
David Zaslav Casey Bloys Warner Bros Christian Wikander Annelies Sitvast USA Turkey region Nordic reports CEO Strategy Hbo Max David Zaslav Casey Bloys Warner Bros Christian Wikander Annelies Sitvast USA Turkey region Nordic

Warner Bros. Discovery Layoffs Continue, With 29 European Staffers Axed

Reading now: 743
thewrap.com

media reports. Jonathan Young, VP of original programming and production at HBO Max for Europe, Middle East and Africa; Christian Wikander, VP of original programming for the Nordic region; and Annelies Sitvast, who oversees unscripted original programming were all let go as part of the conglomerate’s latest consolidation move. (Mia Edde, who headed up content acquisitions in Turkey, had already left the company.)A rep for Warner Bros.

Discovery did not immediately respond to requests for comment. The layoffs are the latest in Warner Bros. Discovery CEO David Zaslav’s dual moves to reduce costs by up to $3 billion as well as to shift the strategy for the company’s streaming services, HBO Max and Discovery+.

The company plans to merge the two platforms, with plans to introduced the merged service in most European markets by early 2024.WBD is expected to continue to invest in local European content through its local linear and streaming teams — but there are no plans to produce streaming-only content.

Last week, the company laid off 70 HBO Max employees in the U.S., eliminating four whole departments and their top executives: HBO Max Originals Nonfiction and Live Action, International Originals, Casting and Content Acquisitions.The cuts amounted to roughly 14% of staff under head content officer Casey Bloys being let go prior to HBO Max and Discovery+ being combined into a single service set to launch in the United States next summer..

Read more on thewrap.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA