Ann Sarnoff Out as WarnerMedia Studios and Networks Group CEO

Ann Sarnoff won’t be a part of Warner Bros. Discovery. WarnerMedia on Tuesday announced that Sarnoff, the chair and CEO of the company’s studios and networks group, will eave her role as soon as the impending merger with Discovery Inc. is complete.

It comes just hours after her boss, WarnerMedia CEO Jason Kilar, exited the company.

Longtime Discovery chief David Zaslav will lead the newly formed Warner Bros. Discovery, when the two former standalone companies come together as one, officially, within the next few days. The expectation is that their respective streaming services HBO Max and Discovery+ will begin to merge in an attempt to create a formidable challenger to streaming leaders like Netflix and Disney.

“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. There is a lot of exciting momentum at the company and I appreciate all of her counsel and partnership the last few months putting us in a position to succeed as we launch Warner Bros. Discovery. We all wish her great success in the future,” Zaslav said in a statement.

More to come…

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