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WarnerMedia CEO exits

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WarnerMedia CEO Jason Kilar announced his exit from the company as Discovery prepares to assume control of the entertainment business.

Discovery's takeover of WarnerMedia is expected to close soon. It includes assets such as CNN and HBO.

David Zaslav, Discovery's longtime CEO, is slated to take the reins of the combined operation, Warner Bros. Discovery.

Read more from the Los Angeles Times.

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