WarnerMedia restructures to focus on HBO Max, senior executives out

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WarnerMedia restructures to focus on HBO Max, senior executives out
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WarnerMedia executives Bob Greenblatt and Kevin Reilly, who oversaw the creation of the HBO Max streaming business, will leave as part of a broad restructuring focused around the streaming service, the company said on Friday.

FILE PHOTO: Bob Greenblatt, Chairman of WarnerMedia Entertainment poses as he arrives at the WarnerMedia Upfront event in New York City, New York, U.S., May 15, 2019. REUTERS/Mike Segar/File Photo

The shake-up also includes the consolidation of film and TV studios under Warner Bros Chief Executive Ann Sarnoff. The restructuring marks the first major action taken by WarnerMedia CEO Jason Kilar, a former Amazon.com executive who built Hulu. “We’re laser focusing on HBO Max and lifting it up in the organization,” Kilar said in an interview on Friday.

Andy Forssell, general manager of HBO Max, will now head a newly created HBO Max operating business unit, Kilar added.

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