![]() ![]() Jon Steinlauf, who is now head of sales for WBD, was among a small number of former Scripps execs to stay on in senior roles at Discovery after that merger. Some in the Discovery ranks also went through a similar merger-related streamlining in 2018 after the company bought Scripps Networks Interactive. In Japan, approximately 63,817 physical units for PlayStation 4 were sold during its launch week becoming the number one selling game of any format. It is too early to tell the nature of the reductions but the $3 billion cost savings target is well north of the one heading into the prior combination. The Division 2 was the UK's best-selling game the week it was released, although its sales figures were 20 of the original game's launch-week sales. Buyouts also saw waves of Turner, Warner Bros and HBO vets head out the door. The $85 billion AT&T-Time Warner deal resulted in the exits of about 1,500 employees, including high-profile, long-tenured ones like former HBO CEO Richard Plepler and Turner Sports chief David Levy. Join the Evolution division as a Vivint Smart Home Pro and design your career path through year-round salesor just commit to the summer seasons. ![]() Warner Bros Discovery has about 3,000 workers in sales, half of them based in the U.S.Įmployees whose tenures date back to the pre-AT&T days of Time Warner are working for their third corporate bosses in four years. Warner and Discovery combined operate a large array of cable networks both in the U.S. David Zaslav, the merged company’s CEO, and CFO Gunnar Wiedenfels have both given clear messages over recent months as to their intent to identify places where expenses can be cut and operations streamlined. The newly combined company has promised Wall Street at least $3 billion in cost savings from the merger, which saw Discovery join with WarnerMedia in a spinoff from former parent AT&T. Netflix Axes Another 300 Staff, Taking Total Layoffs To More Than 450
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