Ann Sarnoff, the CEO of the Warner Media Studios and Networks Group, will leave the company as it merges with Discovery in a $43 billion deal.
The report came on the same day when Warner Media CEO Jason Kilar announced his departure, just ahead of the closing of a merger between the AT&T unit and Discovery Inc.
Ann Sarnoff joined Warner Media in 2019 and oversaw HBO and HBO Max, the Warner Bros studio, cable channels, and the consumer products division. She was the first woman to lead Warner, which was created in 1923.In a memo to her staff published by Variety, Sarnoff said:
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I want to offer all of you my heartfelt thanks, not only for your many contributions to the company’s success, but also for everything you’ve done, large and small, to make my time here so special and rewarding. I have truly loved being in this role.
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Sarnoff is one of several executives to leave their posts at WarnerMedia as Discovery finishes its merge. CEO Jason Kilar turned in his resignation earlier this week and more exits are expected. In a statement, David Zaslav, the future CEO of the new company, Warner Bros. Discovery, said:
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I want to thank Ann for all of her leadership during a transformational period for the company and our industry. She has been a passionate and committed steward of the world’s most formidable creative engine and has led with integrity, focus and hard work in bringing WarnerMedia’s businesses, brands and workforce closer together.
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The new leadership is completely reshaping the direction of HBO Max and DC Films. The fans expect the new company to restore the Snyderverse as the worldwide success of the Snyder Cut had a great impact on the growth of HBO MAX.
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