EXCLUSIVE: We hear that Jessica Holscott is departing Warner Discovery. She was named as the brand new Head of Finance for WarnerMedia’s Studios and Networks Group again in August 2020, overseeing all monetary actions of the division, together with monetary reporting, budgeting and planning for future enterprise development.
Earlier than being named because the group’s Head of Finance, Holscott served as EVP and CFO, WarnerMedia Leisure. Earlier than that, she served as EVP and CFO for HBO and, previous to that, she spent over two years as SVP of Investor Relations for Time Warner, the place she led Time Warner’s cross-company merger planning efforts with AT&T, growing a blue print for a seamless integration.
Earlier in her profession, Holscott served as VP of Investor Relations and Treasurer for Delphi. She additionally spent 16 years at Common Electrical in numerous roles, together with CFO of GE Asset Administration, and CFO for the NBC Common TV Stations division.
Earlier than the Warner Discovery merger, WarnerMedia’s Studios and Networks Group aligned the studio’s content-focused groups, uniting the WB Photos Group, HBO and HBOMax, the WB Tv Group, DC, children/younger adults/classics (Cartoon Community, Grownup Swim, Boomerang, TCM, Cartoon Community Studios, WB Animation), TBS, TNT, TruTV, Wizarding World, client merchandise and gaming, in an effort to work collectively throughout titles, manufacturers and franchises.
Beneath the David Zaslav-led Warner Discovery, the movement image aspect is split into three buckets: Warner Bros. Photos and New Line Cinema, DC-Based mostly Movie Manufacturing, and Warner Bros. Function Animation.
There was buzz of upcoming cuts within the subsequent few months at Warner Discovery as Zaslav appears to be like to seek out $three billion in price saving synergies within the newly shaped merger.
Warner Bros. had no remark.
