By Joe Flint

WarnerMedia Chief Executive Jason Kilar said in a companywide address Thursday that he has no plans to step down this year in the wake of AT&T Inc.'s decision to spin off and merge the media company with Discovery Inc., a person familiar with his remarks said.

Mr. Kilar's future as head of WarnerMedia was called into question after AT&T and Discovery unveiled their plans last week. He wasn't kept in the loop about the pending deal. Mr. Kilar said he will reassess his options next year.

(More to come)

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

(END) Dow Jones Newswires

May 27, 2021 13:03 ET (17:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Discovery (NASDAQ:DISCA)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Discovery.
Discovery (NASDAQ:DISCA)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Discovery.