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News: General

Warner Bros. CEO Promises Studio Autonomy After Acquisition

Tuesday, November 29, 2016   (0 Comments)
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From The Hollywood Reporter:

Warner Bros. CEO Kevin Tsujihara assured investors on Tuesday that the film and TV studio will enjoy the autonomy it needs after AT&T closes its $85.4 billion acquisition of Time Warner.

Tsujihara said he'll "protect the culture" of the film studio, and that AT&T CEO Randall Stephenson has acknowledged that Warner Bros. should be staffed by entertainment executives, as it is now, rather than by telecommunication experts.

"You need the special sauce to create the great movies," Tsujihara said at the Credit Suisse Technology, Media & Telecom Conference in Phoenix, Ariz.

- Read the full article at HollywoodReporter.com


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