'TCM Chief Pola Changnon To Exit Warner Bros. Discovery Amid Further Cuts In TV Division' - The Hollywood Reporter
Portfolio Pulse from Happy Mohamed
Pola Changnon, executive VP and GM of Turner Classic Movies (TCM), is leaving Warner Bros. Discovery (WBD) amid further cuts in the TV division. Michael Ouweleen, president of Adult Swim, Cartoon Network, Discovery Family, and Boomerang, will assume oversight of TCM. The changes come as WBD continues to cut costs and integrate TCM more fully into its US networks.
June 20, 2023 | 7:57 pm
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Pola Changnon's departure from Warner Bros. Discovery and further cuts in the TV division may lead to short-term uncertainty for the company.
Pola Changnon's exit and the ongoing cuts in the TV division signal potential instability within the company. This may cause short-term uncertainty for investors, leading to a negative impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100