Warner Bros. Discovery Ad Chief Jon Steinlauf To Exit [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
The news was shared internally by WBD Chief Revenue and Strategy Officer Bruce Campbell. (Read his memo below.) More from Deadline Steinlauf presided over nearly three dozen linear cable networks and also the advertising tier of Max. He had held top ad posts at Scripps Networks Interactive, which merged with Discovery in 2018. After taking the top role at Discovery, Steinlauf then ascended to the top ad role at WBD after the merger of WarnerMedia and Discovery in 2022. Steinlauf also worked at Turner and ESPN. The departure follows the news that Kathleen Finch, a former colleague of Steinlauf's at Scripps who became Chairman and CEO of U.S. Networks at WBD, is also planning to depart. WBD's traditional TV business has come under intense pressure due to ongoing cord-cutting. The company last August booked a $9 billion write-down on the value of its cable networks, citing the loss of NBA rights starting in mid-2025. NBA telecasts have been a staple on TNT for nearly four decade
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- NBA Says TBS No ‘Match' for Amazon as Legal Row Heats Up [Yahoo! Finance]Yahoo! Finance
- Warner Bros. Discovery Ad Sales Chief Jon Steinlauf to Exit [Yahoo! Finance]Yahoo! Finance
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- 5/9/24 - Miss
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- 10/3/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 3
- WBD's page on the SEC website