Time Warner Announces Kevin Tsujihara to Become CEO of Warner Bros.

As President of Warner Bros. Home Entertainment Group since 2005, Mr. Tsujihara currently oversees the company's home video, digital distribution, videogames, anti-piracy, and emerging technology operations.

Mr. Tsujihara said, "It is an honor to have the opportunity to lead this storied business. We're at a pivotal moment in the histories of Hollywood and entertainment: technology is changing the canvas we use to create theatrical releases; home entertainment is rapidly evolving; and the definition of television now includes viewing across a wide range of devices and services. But in my mind one thing remains clear and constant: Warner Bros.' unmatched ability to tell stories that inspire, educate, and entertain global audiences. We are extremely fortunate to have strong relationships with some of the industry's most gifted talent and together we will continue to use those relationships, our scale, and our passion to build on Warner Bros. great legacy."

Mr. Tsujihara joined Warner Bros. in 1994 as Director, Special Projects, Finance to assist in the management of the company's interest in Six Flags. Across his nearly two decades with the company he has served as Executive Vice President, Corporate Business Development & Strategy, Warner Bros. Entertainment and, Executive Vice President, New Media, responsible for the oversight of all Warner Bros.' new media endeavors.

Mr. Tsujihara received his bachelor's degree in business administration from the University of Southern California and his MBA from Stanford University. He sits on the Board of Directors for the MPAA, City Year Los Angeles, an education focused, nonprofit organization, the Los Angeles Sports & Entertainment Commission, Kabam, the Verdugo Hills Hospital Foundation, and the Entertainment Software Association.