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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Warner Bros. Kevin Tsujihara on Exit as Chief Studio

Warner Bros. Kevin Tsujihara on Exit as Chief Studio

He runs Burbank's studio since 2013.

Kevin Zhuhhara leaves his role as Chairman and CEO of Warner Bros. Entertainment, which has been working for six years.

"In the best interest of WarnerMedia, Warner Bros., our employees and our partners is Kevin to retire as Warner Bros. Chairman and CEO," WarnerMedia Chief Executive John Stanky said on Monday. The CEO did not appoint a Tsujihara deputy. Stanley added, "Kevin has been a great contributor to the success of the studio over the past 25 years, and we thank him for it." Kevin admits his mistakes are incompatible with the company's leadership expectations and may affect the company's ability to deliver ahead. In a article on Hollywood Reporter on March 6, text messages between the executive and Charlotte Kirk revealed that Tsujahara said she would insist on auditions for the actress against a clear sexual relationship with him Kirk. The actress appears in two Warner Bros. films 201

6 How to Be Single and 2018 Ocean 8 Tudjahara's personal attorney said: "Mr. Tujahara has no direct role in hiring this actress." law firm continues to investigate the allegations made against Tsujihara

In a separate note, Tsujihara, sent to Warner's crew today, he said that after considering "how attention to my past actions can influence the future of the company," he he had decided to withdraw. He added that "it has become clear that my continued leadership can be a distraction and an obstacle to the company's continued success." The hard work of everyone in our organization is truly admirable and will not allow the media attention of my past to divert attention from the whole teamwork. "

Tudjahara's withdrawal comes as John Stanke, WarnerMedia's CEO in 2017, puts the company's seal after Time Warner's acquisition of $ 85 to $ 105 billion approved last spring and then confirmed from Fed In a major reorganization announced on March 4, Tsujihara received additional responsibilities, including oversight of new business and youth business, bringing together family, children and animation companies across WarnerMedia, including Cartoon Network, Adult Swim and Boomerang. Otter Media, Turner Classic Movies and all licensed consumer products for WarnerMedia properties

Tsujihara, the 54-year-old executive of Asian descent, head of a large Hollywood studio, was a popularizer Mr until then-Time Warner chairman and CEO Jeff Bewkes organize the months-long executive baking distance between Tsujihara, who at that time controlled Home Entertainment, Warner Bros. Television President Bruce Rosenblum and Warner Bros. Photos President Jeff Robinov. After the rise of Tsujihara, Robinov and Rosenblum left the company.

During Tsujihara's term, Warners has struggled to turn DC superheroes that match the success of the Disney Marvel brand until it reaches a profitable formula with 2017 Wonder Woman directed by Patty Jenkins and with the participation of Gal Gaddo, which took $ 821.8 million worldwide. He then enjoyed even greater success with last year's Aquaman directed by James Wang and starring Jason Momoa, who has earned $ 1.1 billion worldwide, overshadowing all earlier movies of the superheroes of Warners, including those by Christopher Nolan [19599007] Trilogy.

Tsujihara is also attributed to the courtship of JK Rowling for a series of Harry Potter films. The first installment Fantastic beasts and where to find them earned $ 814 million in 2016, though its 2018 sequel. Fantastic beasts: Grindelwald's crimes stopped at $ 653.4 million. In January last year, Tsujihara put Toby Emmerich, who was previously head of the studio's new studio line before joining the studio in 2017, who was in charge of the band. Last year, the studio collected $ 5.8 billion worldwide to record its biggest year to date.

During his term, Tsudjahara turned to Brett Ratner's RatPac-Dune Entertainment to help finance a film by signing a four-year contract. in 2013 for $ 450 million to fund 75 functions. After Ratner was charged with a sexual harassment in 2017, the studio interrupted the relationship with the producer and decided not to renew the RatPac-Dune deal last year, finding other sources of funding, such as a deal with Bron Studios to co-finance six films. As AT & T is preparing to offer its own WarnerMedia streaming service next year, Warners has recently bought back the minority share of RatPac-Dune in such films as Wonder Woman Dunkirk and . ] for $ 290 million.

On the television side, Tsujihara left the day-to-day management of the studio's broad portfolio to veteran Peter Roth, but his experience is still a feather in Tsujahara's hat. The studio is responsible for half of CW's youth network, a comedy The Big Bang Theory and a syndicated hit Ellen DeGeneres, as well as dozens of original scenarios and unsigned series. He remains a lightning giant for talent, which has recently attracted long-lasting universal loyalty, Mindy Calling, for a rich, comprehensive deal. WarnerMedia's own streaming platform produces a particularly interesting story from the television side, illuminating the deep studio hits library – just as valuable as its new offerings in the current climate. For example, despite the recent Netflix expansion, Friends Warner Bros' crown battle is expected to eventually reach the next platform.

Tsujihara joined Warners in 1994 as Director of Specialty Finance Projects to help manage the interests of the company in Six Flags. Over the past two decades, he has served as Executive Director, Corporate Warner Bros. Development, and Corporate Strategy. Entertainment and the executive, the new media responsible for overseeing all of Warner Bros.'s new media ventures. He gained experience in managing home video, digital distribution, video games and emerging technologies when he was appointed Warner Bros. president. Home Entertainment Group in 2005

The reference to Tsujihara follows: Dear Colleagues,

Over the past week and a half I have been thinking about how my past actions can influence the future of the company. After a lengthy self-analysis and discussion with John Stinky last week, we decided that in the best interest of Warner Bros. will retire as Chairman and CEO. I love this company and the people who make it so great. I have the honor of leading this organization and working with all of her talented employees over the past 25 years. Together, we have built this studio as an unambiguous industry leader.

But it became clear that my continued leadership could be a distraction and an obstacle to the company's continued success. The hard work of everyone in our organization is truly admirable and will not allow the media's attention to the past to take away the huge work of the team.

I'm too thankful and grateful to pour out the support I received from colleagues and industrial partners during this difficult time.

Again, I'm so proud of the great job you do every day to make Warner Bros. the gold standard in our industry. It was a pleasure for me to work with each and every one of you and I wish you all the best.

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