Warner Bros. Discovery renewed contracts for two of its most senior executives, Gunnar Wiedenfels, its chief financial officer, and Bruce Campbell, its chief revenue and strategy officer, ensuring that two of CEO David Zaslav’s key lieutenants will be around for the next few years of the company’s early steps as the newly combined aggregate of the former WarnerMedia and Discovery Communications.
Discovery Communications CFO Gunnar Weidenfels on Friday touted the company’s $14.6 billion deal to acquire Scripps Networks Interactive, a deal that aims to bring together the two cable networks firms known for non-scripted and lifestyle content by early 2018. “There’s a lot of synergy potential on the cost side,” he told an investor conference.
