Who is Steve Spira and why is his departure significant for Warner Bros.?

Steve Spira was the business affairs chief at Warner Bros. motion picture group for 40 years and a trusted advisor to CEO David Zaslav, known for securing deals with major talent.

What is happening with Warner Bros. Discovery's assets?

Warner Bros. Discovery is currently considering selling its studios and linear networks operations to potential buyers like Paramount, Netflix, and Comcast.

When will Warner Bros. Discovery split into two companies?

Warner Bros. Discovery's plan is to split into two separate companies by April 2026, separating the studios/HBO Max from the Discovery Global label.

Home / Business and Economy / Studio Veteran Spira Leaves Warner Bros. Amid Potential Sale

Studio Veteran Spira Leaves Warner Bros. Amid Potential Sale

28 Nov

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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.

Studio Veteran Spira Leaves Warner Bros. Amid Potential Sale

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.