Jason Kilar Says He Decided to Leave WarnerMedia Less Than 2 Weeks After Discovery Merger Set in Motion

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“I understood that was going to happen in the transaction” when it was announced in May, the CEO told TheWrap

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Photo illustration by TheWrap (Getty Images)

WarnerMedia CEO Jason Kilar, who announced his pending departure from the company on Tuesday, told TheWrap he knew he would be leaving the leadership post within two weeks of AT&T’s plan to merge WarnerMedia with Discovery in a $43 billion deal that was announced in May.

Kilar, whom a Warner Bros. insider confirmed is likely to exit his post as early as next week when the merger is expected to close, described the situation as something of a reversal of the big fish-small fish metaphor.

“I understood that was going to happen in the transaction, which is effectively a smaller fish consuming a much larger fish,” Kilar said.