HBO Max cuts 14% of personnel generally in casting, acquisitions and truth television

Warner Bros. Discovery CEO Zaslav embraces linear TV as he plans a streaming future

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David Zaslav, President and CEO of WarnerBros Discovery speak to the media as he gets to the Sun Valley Resort for the Allen & & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Idaho.

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WarnerBros Discovery is getting rid of 70 tasks at HBO Max, mainly from the department’s truth, casting and acquisitions departments, according to individuals knowledgeable about the matter.

The task cuts, which total up to 14% of personnel at the banner, become part of a bigger effort at WarnerBros Discovery to get rid of overlap as HBO Max and Discovery+ come together as one streaming service. Discovery closed on its $43 billion acquisition of Warner Media inApril Chief Executive Officer David Zaslav has actually assured $3 billion in synergies from the merger.

Many of the workers who lost their tasks were members of groups that had actually been led by previous HBO Max primary content officer Kevin Reilly that no longer fit within the brand-new structure of WarnerBros Discovery, 2 of individuals stated. Reilly left the business in 2020.

Zaslav is integrating HBO Max and Discovery+ to form a brand-new streaming service that will introduce in the U.S. in mid-2023 Discovery will offer the truth programs for that item, making HBO Max’s truth department unneeded, individuals stated. HBO likewise often works straight with casting directors, instead of utilizing internal individuals, and has actually phased out a number of its so-called pay-one offers, in which it gets certified movies– work done by its acquisitions department.

Other departments impacted consist of organization affairs, programs and production, among individuals stated.

No programs will be canceled as part of the task cuts, individuals stated. The task cuts aren’t targeted at HBO Max’s scripted series or movies.

An HBO Max representative decreased to comment.

ENJOY: Streaming is tough when you’re levered as much as WarnerBros Discovery, states expert