x
Breaking News
More () »

AT&T breaks up Turner Broadcasting, could take jobs away from Atlanta

AT&T started reorganizing its WarnerMedia unit on Monday.

ATLANTA — AT&T Inc. started reorganizing its WarnerMedia unit Monday, a move that includes breaking up Atlanta-based Turner Broadcasting, The Wall Street Journal reports.

The consolidation could force more jobs to relocate from Turner’s longtime base in Atlanta, where AT&T had already been closing offices in its own telecom division before the merger, choosing to focus on its Dallas headquarters as well as growing its growing presence in New York and Los Angeles, the paper says.

Turner’s animation operations, which include the Cartoon Network and Adult Swim, will be run by a Warner Bros. executive, chairman and CEO Kevin Tsujihara, who also will run Turner Classic Movies. By combining Turner’s animation with Warner Bros.’ DC Entertainment, AT&T is looking to create a new global children programming and videogame behemoth, The Journal reports.

Other parts of Turner “are being lopped off and merged with different units as part of the overhaul,” the Journal reports.

Read more on the Atlanta Business Chronicle

Before You Leave, Check This Out