Otter Media to Realign Under WarnerMedia Entertainment
May 31 2019 - 6:27PM
Dow Jones News
By Stephen Nakrosis
WarnerMedia on Friday said digital media company Otter Media
will be realigned under the WarnerMedia Entertainment group which
will help bring together digital businesses of the company as its
new direct-to-consumer platform is being built.
"As we continue to build out our new streaming business and
realign WarnerMedia functions, this step will facilitate further
scale and focus in our efforts to offer customers an engaging and
compelling product experience," said John Stankey, chief executive
of WarnerMedia.
Tony Goncalves, CEO of Otter Media, will lead development of the
new WarnerMedia direct-to-consumer service, along with Otter's
existing brands and services, the company said.
Andy Forssell, most recently COO of Otter Media, will be EVP and
General Manager of the new streaming service.
The company said its direct-to-consumer platform will include
content from HBO, the WarnerMedia cable networks, Warner Bros., and
new original content.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 31, 2019 18:12 ET (22:12 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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