The Fate of Top WarnerMedia Execs in Question After Announcement of Discovery Merger

menu ahead of the firm’s return to the UK later this week. The fast food chain will open a branch in Reading, Berkshire on Wednesday, which will be the first Wendy’s branch in the UK for 21 years.

Todd Spangler NY Digital EditorWith speculation swirling about Jason Kilar’s potential exit from WarnerMedia — given the conglomerate’s looming combo with Discovery — the CEO told staffers at a town hall meeting Thursday that he plans to stay with the company at least through next year.“My plan and my focus is to remain here in my CEO role at WarnerMedia,” Kilar said, according to a source who was in attendance. “I am not thinking right now about post-merger.

WarnerMedia CEO Jason Kilar, whose position was destabilized last week after Discovery and AT&T announced plans for a merger, says he will remain as CEO for the next 12 months.

The WarnerMedia/Discovery merger should have no effect on Disney’s business strategies, a bullish Disney CEO Bob Chapek said during a virtual question-and-answer session at the J.P. Morgan Global Technology, Media and Communications Conference on Monday.Chapek said Disney is enjoying a competitive position as pandemic restrictions begin to soften, and allow the reopening of both movie theaters and theme parks hit hard in the last year.

Jennifer Lawrence, 30, appeared relaxed as she got some fresh air during a stroll in New York City on May 21. The actress wore a light blue crop top under an unbuttoned beige long-sleeved top and black leggings when she was photographed running errands, and didn’t seem to pay much attention to cameras. She added a New York Yankees baseball cap and black Converse high-top sneakers to her wardrobe and kept safe in a white face mask.

Whatever the future hold for Jason Kilar, the current WarnerMedia CEO wasn’t about to let what is surely his last Upfronts pass him by.

Nestled within her adorable birth announcement after welcoming her son with boyfriend Jason Derulo, was a seriously impressive photo of new mom Jena Frumes. Just 11 days after giving birth to baby Jason King Derulo, Jena’s already back into fighting shape — with abs, no less. Her photo, which you can see below, shows Jena, 27, posing for a mirror selfie wearing just underwear and a crop top with nursing pads peeking out.

AT&T would spin off WarnerMedia in a deal that will see it merge with Discovery. If he exits, Kilar will leave WarnerMedia after little more than a year as its CEO.

Cynthia Littleton Business EditorDiscovery’s tie-up with WarnerMedia has stirred up a firestorm of chatter about the impact of the deal that took nearly everyone in Burbank and Hudson Yards by surprise over the weekend.After a day of digesting the news and reading tea leaves, industry insiders were focused on the timing of WarnerMedia CEO Jason Kilar’s departure and the size of his severance package after one year and two weeks on the job.Another surprise that emerged from the fine print on the

Michael Schneider Variety Editor at LargeGreetings from Variety Awards Headquarters! Today is May 17, 2021, which means it’s 14 days until Emmy eligibility ends on May 31; 31 days until nomination-round voting starts on June 17; 39 days until the Daytime Emmys telecast on June 25; 42 days until nomination-round voting ends on June 28; 57 days until nominations are announced on July 13; 94 days until final-round voting starts on Aug. 19; and 125 days until the Primetime Emmys telecast on Sept.

Jason Kilar expressed his “pride, passion and affection” for the WarnerMedia staff in a memo Monday and stressed “how important I believe it is in this moment for us to continue to keep our focus and to live up to our potential as a team.”

AT&T would spin off WarnerMedia in a deal that will see it merge with Discovery. If he exits, Kilar will leave WarnerMedia after less than a year as its CEO.

reported, citing an unnamed close associate of Zucker’s. Axios and the Los Angeles Times both noted that Zucker has long been friendly with Discovery CEO David Zazlav, who is set to take over the new company when the merger is completed in mid-2022.

Brent Lang Executive Editor of Film and MediaIn the wake of a mega-deal with Discovery that seems primed to shake up the media landscape, AT&T chief John Stankey and WarnerMedia CEO Jason Kilar urged employees to stay focused on their jobs while they wait for the pact to close.“During this period, our direction and mission remain the same,” Stankey wrote in a staff-wide memo obtained by Variety.

On Friday, people left work, came home and sat down with their friends and/or family, and watched something on TV. But John Stankey, the CEO of AT&T, and David Zaslav, the Discovery CEO, were holed up in the latter’s house hammering out a multi-billion dollar deal that would forever change the face of Hollywood.