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Studio Veteran Spira Leaves Warner Bros. Amid Potential Sale
28 Nov
Summary
- Business affairs chief Steve Spira departs after 40 years with Warner Bros.
- His exit occurs as the company considers selling its studios and networks.
- Spira was a key advisor to David Zaslav, known for talent deals.
Steve Spira, a 40-year veteran and business affairs chief at Warner Bros.' motion picture group, is set to resign at the end of the year. This marks his second tour of duty at the studio, having been brought back in 2022 by David Zaslav.
Spira's departure coincides with Warner Bros. Discovery's ongoing consideration of multiple buyers for its studios and linear networks. Paramount, Netflix, and Comcast are reportedly among the top suitors, with bids expected to escalate following renewed offers. The company plans to separate its studios and HBO Max from its TV-centric Discovery Global label.
Regarded as a holder of institutional memory, Spira was a key advisor to Zaslav, instrumental in managing talent and staff. His significant deals included long-term agreements with directors Christopher Nolan and Clint Eastwood, underscoring his valuable role within the studio.
