By Joe Flint

Breaking News...

Kevin Tsujihara will step down as chief executive of AT&T Inc.'s Warner Bros. studio following allegations that he had an inappropriate relationship with an actress.

Mr. Tsujihara oversaw movie and television production -- and this month was given more responsibility as part of a broader restructuring by AT&T of its WarnerMedia unit.

WarnerMedia hasn't named a successor to Mr. Tsujihara.

In an internal memo sent last week, Mr. Tsujihara apologized for "mistakes in my personal life that have caused pain and embarrassment to the people I love the most. I also deeply regret that these personal actions have caused embarrassment to the company and to all of you."

"It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as Chairman and CEO of Warner Bros.," said WarnerMedia Chief Executive John Stankey, in a statement. "Kevin has contributed greatly to the studio's success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the Company's leadership expectations and could impact the Company's ability to execute going forward."

AT&T is investigating Mr. Tsujihara's alleged misconduct, which was reported in a recent Hollywood Reporter article, with the help of an outside law firm.

(More to Come)

Write to Joe Flint at joe.flint@wsj.com

(END) Dow Jones Newswires

March 18, 2019 14:01 ET (18:01 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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