AT&T Merging WarnerMedia With Xandr Advertising Unit
AT&T said it was merging its Xandr advanced advertising unit into WarnerMedia.
Gerhard Zeiler, who is WarnerMedia’s chief revenue officer and president of WarnerMedia International, will oversee all advertising operations across AT&T.
The two companies had been increasingly working together. They had planned to have a joint upfront presentation in May. That presentation was cancelled as the COVID-19 epidemic spread.
Related: Stankey: WarnerMedia, Xandr Must Work Together Better
The move follows the promotion of WarnerMedia CEO John Stankey to CEO of AT&T and the departure of Xandr CEO Brian Lesser.
Kirk McDonald, chief business officer at Xandr will continue to lead Xandr, reporting directly to Zeiler.
“We are in unprecedented times that amplify the priority across both WarnerMedia and Xandr, to deliver valuable results and outcomes for our agencies and clients,” said Zeiler. “Now more than ever, we need to simplify advertising and further our marketplace capabilities for our customers. This is done through one holistic conversation that spans premium content and trusted environments, alongside proven and advanced ad capabilities.”
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.