In a memo, WBD international president Gerhard Zeiler said the company was at another 'inflection point' where the global economy had not 'rebounded as quickly as we had hoped.'
“Seven months into 2023, although we remain confident about our trajectory as a business, we are at another inflection point, and one where the global economy has not rebounded as quickly as we had hoped.”
The departure of Blair, he said, came after “much deliberation,” but was a “necessary structural change to our team design that both flattens and streamlines the content licensing organization.” Zeiler thanked Blair for his |outstanding leadership, talent, and effort to help us get where we are today,” asserting that his contribution to the company over 25 years had been “outstanding and can be measured in several billions of dollars of sales-contracts he made possible every single year.”
He added: “Despite being known as tough negotiator, he is respected by all of his clients he dealt with. He is also an exceptional leader, who mentored many talents within the company and is admired and valued by his team.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'It’d Make A Billion Dollars': Jurassic Park Comparison Helped Barbie Get Greenlit By Warner BrosBarbie star Margot Robbie reveals that likening the movie's potential with the success of Steven Spielberg's Jurassic Park helped get it greenlit.
Read more »
The Venture Bros.' Movie is a Welcome Return and Bittersweet EndRadiant is the Blood of the Baboon Heart isn't just a series finale, it's a highlight reel of why the show's been so beloved this whole time.
Read more »
10 Super Mario Bros Character Cosplays That Leave Us Wanting A New Live-Action MovieAlthough it's been a while since audiences have been given a live-action Super Mario movie, these video game cosplays prove why it's so necessary.
Read more »
‘Barbie’ lands biggest opening weekend of year, surpasses ‘Super Mario Bros.’“Barbie,” the live action motion picture about the iconic doll, notched the biggest opening weekend of the year by raking in $155 million domestic box offices.
Read more »
Inside ‘Barbie’s’ Pink Publicity Machine: How Warner Bros. Pulled Off the Marketing Campaign of the YearUnless you’ve been trapped in a plastic toy box, there’s no escaping the Barbie-core movement that’s sweeping the globe — and potentially contributing a nationwide shor…
Read more »