Time Warner is changing its name to WarnerMedia, and the CEO of Turner is leaving [CNBC]
TIME WARNER INC (TWX)
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Source: CNBC
Time Warner is changing its name to WarnerMedia now that its $85 billion deal with AT&T has closed, and Turner CEO John Martin is departing the company, according to an internal memo from an AT&T executive. The memo, written by John Stankey, the new head of Time Warner, outlined a new operating structure for the combined entity. He added that Time Warner was getting a new name because it was often confused with Time Warner Cable. Anjali Robins Published 17 Mins Ago Updated 2 Mins Ago CNBC.com
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