By Joe Flint
WarnerMedia Chief Executive Jason Kilar said in a companywide address Thursday that he has no plans to step down this year in the wake of AT&T Inc.'s decision to spin off and merge the media company with Discovery Inc., a person familiar with his remarks said.
Mr. Kilar's future as head of WarnerMedia was called into question after AT&T and Discovery unveiled their plans last week. He wasn't kept in the loop about the pending deal. Mr. Kilar said he will reassess his options next year.
(More to come)
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(END) Dow Jones Newswires