According to a Thursday filing, Warner Bros. Discovery (NASDAQ:WBD) has extended the contracts of its finance and strategy leaders.
Bruce Campbell’s contract was extended to July 2025, while Gunnar Wiedenfels’ was extended until July 2026.
Campbell and Jean-Briac Perrette, president of Warner Bros. Discovery Global Streaming and Interactive Entertainment, played significant roles in the establishment of Hulu, the streaming service that is today majority-owned by Disney.
In April, Discovery announced many additions to the Warner Bros Discovery executive team, including Campbell and Wiedenfels.
Warner Bros. stated on Thursday that Wiedenfels now oversees worldwide corporate technology and broadcast operations, as well as facilities, security, and studio operations.
In April, the company gained over two million paid streaming customers in the first quarter, while market leader Netflix (NASDAQ:NFLX) lost subscribers for the first time in more than a decade.