MGMT 4405 Talent Management

MGMT 4405 Talent Management

MGMT 4405 Talent Management


AT&T Inc. said it is shaking up its WarnerMedia unit, doing away with an outdated structure in a bid to make the company more competitive in an entertainment industry reshaped by consolidation and technology.The reorganization announced Monday breaks up the company’s Turner unit, whose parts will be absorbed by other divisions. In another significant move, a programming czar has been put in place to guide the creative operations at HBO, Turner and a new streaming service WarnerMedia is launching later this year.

Former NBC Entertainment Chairman Robert Greenblatt, who was appointed to that programming position Monday, will have full discretion when it comes to deciding where any WarnerMedia-produced content runs, WarnerMedia Chief Executive John Stankey said in an interview. When AT&T agreed to buy it in 2016, the company — then known as Time Warner — owned three businesses that all produced content but operated with full autonomy: HBO, Turner and Warner Bros.

That structure, Mr. Stankey said, was a relic of a bygone era and prompted the company to make some changes. The unit once known as Turner — which included TNT, TBS, CNN and the Cartoon Network was essentially dissolved. TNT, TBS and other channels will be part of Mr. Greenblatt’s entertainment business, alongside HBO. Cartoon Network, Adult Swim and their merchandise and licensing units will be absorbed by Warner Bros., while CNN will be part of a newly created sports and news division.

The overhaul significantly expands the portfolio of Warner Bros. Chairman and Chief Executive Kevin Tsujihara, who on top of Turner’s animation business will gain oversight of Turner Classic Movies. By combining Turner’s animation operations with Warner Bros.’ DC Entertainment, AT&T is looking to create a new global children’s programming and videogame behemoth. The moves also raise the profile of CNN chief Jeff Zucker, who became chairman of WarnerMedia News and Sports, and of Turner’s president of international operations, Gerhard Zeiler, now chief revenue officer in charge of distribution and advertising for the cable-networks group. All three men will report directly to Mr. Stankey, the WarnerMedia CEO, as will Mr. Greenblatt.

In a written statement, Mr. Stankey said Messrs. Greenblatt, Zucker, Tsujihara and Zeiler “collectively have more than 80 years of global media experience and success.”The restructuring of WarnerMedia is expected to lead to cost-cutting and staff reductions, people familiar with the matter said. Trimming costs and streamlining operations are crucial for AT&T, which is saddled with about $170 billion in net debt, the most of any nonfinancial U.S. company. After AT&T announced its plans to acquire Time Warner in 2016, it projected $1.5 billion in annual cost savings and a further $1 billion in “revenue synergies.”

The deepest cuts are likely to occur at Turner, which accounted for roughly as much operating income at Time Warner as HBO and Warner Bros. combined. The consolidation could force more jobs to relocate from Turner’s longtime base in Atlanta, where AT&T had already been closing offices in its own telecom division before the merger, choosing to focus on its Dallas headquarters as well as expanding its presence in New York and Los Angeles.

The moves are AT&T’s first significant steps since it closed on its $80 billion-plus acquisition of Time Warner in June. Last week, in anticipation of the changes, HBO Chairman and Chief Executive Richard Plepler and Turner President David Levy announced their resignations.

Our Essay Writing Service Features

Qualified Writers
Looming deadline? Get your paper done in 6 hours or less. Message via chat and we'll get onto it.
We care about the privacy of our clients and will never share your personal information with any third parties or persons.
Free Turnitin Report
A plagiarism report from Turnitin can be attached to your order to ensure your paper's originality.
Safe Payments
The further the deadline or the more pages you order, the lower the price! Affordability is in our DNA.
No Hidden Charges
We offer the lowest prices per page in the industry, with an average of $7 per page
24/7/365 Support
You can contact us any time of day and night with any questions; we'll always be happy to help you out.
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$15.99 Plagiarism report
$3.99 Outline
$21.99 Unlimited Revisions
Get all these features for $65.77 FREE
Do My Paper

Frequently Asked Questions About Our Essay Writing Service

Academic Paper Writing Service

Our essay writers will gladly help you with:

Business Plan
Presentation or Speech
Admission Essay
Case Study
Reflective Writing
Annotated Bibliography
Creative Writing
Term Paper
Article Review
Critical Thinking / Review
Research Paper
Thesis / Dissertation
Book / Movie Review
Book Reviews
Literature Review
Research Proposal
Editing and proofreading
Find Your Writer

Latest Feedback From Our Customers

Customer ID:  # 678224
Research Paper
Highly knowledgeable expert, reasonable price. Great at explaining hard concerts!
Writer: Raymond B.
Customer ID: # 619634
Essay (any type)
Helped me with bear and bull markets right before my exam! Fast teacher. Would work with Grace again.
Writer: Lilian G.
Customer ID: # 519731
Research Paper
If you are scanning reviews trying to find a great tutoring service, then scan no more. This service elite!
Writer: Grace P.
Customer ID: #499222
Essay (any type)
This writer is great, finished very fast and the essay was perfect. Writer goes out of her way to meet your assignment needs!
Writer: Amanda B.
Place an Order

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:

Powered by

× WhatsApp Us