Kevin Tsujihara Becomes CEO of Warner Bros. Entertainment (TWX)
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Price: $60.36 +0.48%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.9%
Revenue Growth %: +2.4%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.9%
Revenue Growth %: +2.4%
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Time Warner Inc. (NYSE: TWX) Chairman and CEO Jeff Bewkes and Warner Bros. Chairman and CEO Barry Meyer today announced that Kevin Tsujihara will become the next Chief Executive Officer of Warner Bros. Entertainment. Mr. Tsujihara will become CEO beginning March 1, 2013, succeeding Mr. Meyer, who will remain as Chairman through 2013.
Over the next several months, Mr. Meyer and Mr. Tsujihara will work together with other members of Warner Bros. senior executive team, including Warner Bros. Television President Bruce Rosenblum and Warner Bros. Pictures President Jeff Robinov, to ensure an orderly transition.
As President of Warner Bros. Home Entertainment Group since 2005, Mr. Tsujihara currently oversees the company’s home video, digital distribution, videogames, anti-piracy, and emerging technology operations.
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Over the next several months, Mr. Meyer and Mr. Tsujihara will work together with other members of Warner Bros. senior executive team, including Warner Bros. Television President Bruce Rosenblum and Warner Bros. Pictures President Jeff Robinov, to ensure an orderly transition.
As President of Warner Bros. Home Entertainment Group since 2005, Mr. Tsujihara currently oversees the company’s home video, digital distribution, videogames, anti-piracy, and emerging technology operations.
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