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Steven Miron, Steven Newhouse Resign From Warner Bros. Discovery Board After Disclosing DOJ Antitrust Probe
Steven Miron and Steven Newhouse resigned from Warner Bros. Discovery's board after disclosing a DOJ investigation into their board membership.
Miron and Newhouse informed WBD that, “without admitting any violation, and in light of the changing dynamics of competition in the entertainment industry, they elected to resign rather than to contest the matter,” according to the company’s statement. Miron and Newhouse were each appointed to the WBD board effective upon the closing of the merger between Discovery Inc. and WarnerMedia on April 8, 2022, and served as Class III directors. “Both Steve and Steven have been a great source of wise counsel and tremendous industry insight over the years, and they played an integral role in getting this new company up and running and on a path to long-term growth.
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