David Zaslav wants Warner Bros. Discovery execs JB Perrette and Bruce Campbell around for his post-separation Warner Bros. venture.
Both execs have signed new contracts with the major studio ahead of plans to split into two publicly-traded companies, according to an SEC filing made public on Thursday. Perrette, president and CEO of global streaming and games, has a new contract to run to Dec. 31, 2029.
He is set to serve in the same role at David Zaslav’s streaming and studios business to be called Warner Bros. after the separation. And Campbell, chief revenue and strategy officer, whose own new contract will run through to December 31, 2030, is set to become the CFO of Warner Bros.
Both new contract deals are contingent on the planned separation of the studio into Warner Bros. and Discovery Global going ahead. The media conglomerate has officially announced the names and senior leadership teams for after it splits itself in two, with Zaslav’s streaming and studios business to be called Warner Bros., and Gunnar Weidenfels’ global networks business to be called Discovery Global.
After the planned separation, Warner Bros. will house the Warners film and TV studios, DC Studios, HBO and HBO Max and the TCM cable channel. And Discovery Global will include the former Discovery and Turner linear channels, including TNT, TBS, CNN, Cartoon Network, Discovery, Food Network, and HGTV. It will also include the company’s international TV channels, and the Discovery+ streaming service.