Bob Greenblatt Named WarnerMedia Entertainment and DTC Chairman
 

Former NBC Entertainment chairman Bob Greenblatt has been hired as chairman of WarnerMediaâ??s entertainment and direct-to-consumer businesses, where heâ??ll oversee HBO, Turner and the companyâ??s upcoming streaming service.

Additionally, CNNâ??s Jeff Zucker and Warner Bros. chairman Kevin Tsujihara are expanding their roles, WarnerMedia CEO John Stankey said on Monday. The additions in both personnel and responsibilities are part of an overall AT&T shakeup of its entertainment assets.

â??We have done an amazing job establishing our brands as leaders in the hearts and minds of consumers,â?* Stankey said. â??Adding Bob Greenblatt to the WarnerMedia family and expanding the leadership scope and responsibilities of Jeff, Kevin and Gerhard â?? who collectively have more than 80 years of global media experience and success â?? gives us the right management team to strategically position our leading portfolio of brands, world-class talent and rich library of intellectual property for future growth.â?*

Also Read: Hollywood Worries: Will HBO Still Be the Home of Prestige Television After Richard Plepler’s Departure?

â??Iâ??m honored to be joining WarnerMedia during such an exciting time for the company and the industry as a whole, and I look forward to working alongside the many talented executives and team members across the company,â?* Greenblatt said. â??WarnerMedia is home to some of the worldâ??s most innovative, creative and successful brands and weâ??re in a unique position to foster even deeper connections with consumers. And it goes without saying I will always have a soft spot in my heart for HBO going back to the rewarding experience I had producing Alan Ballâ??s â??Six Feet Under.’â?*

Adding sports to his purview, Zucker becomes chairman of WarnerMedia news and sports while maintaining his title of president at CNN. Tsujihara will continue on as chairman and CEO of Warner Bros., and will also now oversee a new global kids and young adults business.

Finally, Gerhard Zeiler is switching roles from his job as president of Turner International to become the chief revenue officer of WarnerMedia. Zeiler will oversee all the ad sales and affiliates.



Also Read: David Levy Steps Down From Turner: Read His Internal Memo Here

Below are detailed bullet points on how the shakeup will impact various departments. Itâ??s a pretty handy cheat sheet for a bunch of moving parts.

• WarnerMedia Entertainment led by Bob Greenblatt will include HBO, the linear cable networks TNT, TBS and truTV, and the Direct-to-Consumer business. This change will provide the company with the agility and flexibility needed to build WarnerMediaâ??s brands across a variety of evolving distribution models with a more coordinated approach to the companyâ??s original programming.
• WarnerMedia News & Sports will include CNN Worldwide (CNN, CNN.com, CNN International, CNN en Espaأ±ol, HLN, Great Big Story), Turner Sports, Bleacher Report and the AT&T Regional Sports Networks. Jeff Zucker will continue to lead CNN and now run this expanded organization to capitalize on the importance of live news and sports content, as well as helping to build on the strengths of the companyâ??s two industry-leading digital properties â?? CNN.com and Bleacher Report â?? to benefit consumers and advertisers in their respective market segments.
• Warner Bros.â?? film, television, and games operations will add a new Global Kids & Young Adults business that brings together the family, kids and animation efforts from across WarnerMedia, including Cartoon Network, Adult Swim and Boomerang. Additionally, Otter Media, Turner Classic Movies and all activities around licensed consumer products development for WarnerMedia properties will also reside here. Kevin Tsujihara will spearhead these efforts and continue to lead Warner Bros. which, under his direction, has become the only studio with premiere positions in television, film and videogames.
• The company will consolidate all WarnerMedia Affiliates and Advertising Sales Groups under one unified structure led by Gerhard Zeiler. He will utilize his broad experience in both public and commercial broadcasting sectors across multiple geographies to unite all of the WarnerMedia network affiliate sales and advertising sales businesses to help benefit advertisers, distributors, partners and the company.

Also Read: With Exit of HBO and Turner Chiefs, AT&T Tries to Fix What Ain’t Broken (Analysis)

Word of Greenblattâ??s new role with WarnerMedia began trickling out last week, which coincided with the departures of HBOâ??s longtime CEO Richard Plepler and Turner president David Levy. Also last week, an appeals court blocked the Justice Departmentâ??s challenge to AT&Tâ??s merger with Time Warner.آ*AT&T closed the mergerآ*in June, only days after it received approval from U.S. District Court Judge Richard Leon on the $85.4 billion deal. At the time, Leon said heآ*didnâ??t believe an appeal would be successful.

Turner still has Kevin Reilly steering its programming side, including WarnerMediaâ??s upcoming streaming service, but it is HBO that will find itself in an unfamiliar position: Having to be more closely aligned under a large corporate umbrella.

Though HBO has been owned by Time Warner for years, Plepler experienced a huge level of autonomy under former Time Warner CEO Jeff Bewkes, WarnerMedia CEO John Stankey signaled last year that things would be different under the new owners. Greenblatt, as a former entertainment of HBO rival Showtime, wouldâ??ve been Pleplerâ??s boss.

On the Turner side, Greenblatt and Zucker face a key sports rights deal, just as their main negotiator is exiting.

Levyâ??s biggest contribution for Turner was on the sports side, where he negotiated media rights deals with the NBA and MLB, as well as its very successful partnership with CBS Sports for the NCAA Menâ??s Basketball Tournament. The companyâ??s NBA deal doesnâ??t expire until 2025 and its March Madness deal goes until 2032, but its MLB deal is up in 2021.

Right around now is the time that Turner and MLB would typically enter in renewal negotiations, which usually start two years out from the expiration. Turner renewed its last deal with the NBA in 2014, when that prior deal was set to expire in 2016. Last year, Fox renewed its own deal with the MLB through 2028.

Greenblatt stepped down from his post at NBC in late September, with George Cheeks and Paul Telegdy taking over.

</p>


Source link



More