Jon Steinlauf's departure marks a significant change for Warner Bros. Discovery, which is navigating challenges like a $9.1 billion writedown and lost NBA rights.
Steinlauf's tenure involved a difficult merging of ad sales from Discovery and WarnerMedia, amid a declining ad market and plummeting linear TV ratings.
Speculation about Steinlauf's exit had been rising, as the ad sales landscape has become increasingly competitive due to media company consolidations and layoffs.
His role was challenging: integrating diverse assets for ad buyers in a tough environment, resulting in missed opportunities during the critical TV upfronts period.
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