He has led the Burbank studio since 2013.
Kevin Tsujihara is exiting his role as chairman and CEO of Warner Bros. Entertainment, a job he’s held for six years.
“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 CEO John Stankey on Monday. The executive did not name a replacement for Tsujihara.
Stankey added, “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.”
In a Hollywood Reporter article on March 6, text messages between the executive and Charlotte Kirk revealed that Tsujihara said that he would push for auditions for the actress amid an apparent sexual relationship that he was having with Kirk. The actress appeared in two Warner Bros. films: 2016’s How to Be Single and 2018’s Ocean’s 8. Tsujihara’s personal attorney stated, “Mr. Tsujihara had no direct role in the hiring of this actress.” An outside law firm continues to investigate the claims made against Tsujihara.
In a separate memo Tsujihara sent to Warner staffers today, he said that after reflecting “on how the attention on my past actions might impact the company’s future,” he had decided to step down. He added that “it has become clear that my continued leadership could be a distraction and an obstacle to the company’s continued success. The hard work of everyone within our organization is truly admirable, and I won’t let media attention on my past detract from all the great work the team is doing.”
Tsujihara’s departure comes as John Stankey, named CEO of WarnerMedia in 2017, puts his stamp on the company in the wake of the AT&T’s $85 billion to $105 billion acquisition of Time Warner, which was approved last spring and then upheld by a federal appeals court last month. In a major reorganization, announced March 4, Tsujihara had been given additional responsibilities, including oversight of a new kids and young adults business bringing together family, kids and animation businesses 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 were added to his portfolio.
To read more click here.
Scroll down to leave a comment:
