Warner Bros. Discovery Board Members Resign Amid Antitrust Probe
Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board amid a Justice Department investigation into potential antitrust violations related to their service on the board. The investigation focuses on whether their simultaneous roles on the boards of competing companies violated the Clayton Antitrust Act. Both Miron and Newhouse, who were independent directors, chose to resign immediately, citing the changing dynamics of competition in the entertainment industry. Their resignations led to a reduction in the size of the board, and the company expressed gratitude for their contributions while acknowledging their departure.