MUMBAI: Warner Bros Discovery (WBD) has announced that media veteran John C Malone will not seek re-election to its board at the 2025 annual meeting of stockholders. Instead, he will step into the role of chair emeritus, a move that keeps him close to the action but without the formalities of a board seat. He has been associated with Discovery since 2008 and is an independent director of WBD. 

Malone, a titan of the cable and media world, has long been a strategic force behind the company. WBD boss David Zaslav was effusive in his praise, calling him “one of the most brilliant strategic minds our industry has ever known” and crediting him with helping to steer Discovery and, later, Warner Bros. Discovery through an era of rapid transformation.

“John’s insights have been invaluable. He has shaped our strategy, helped us tackle industry-defining challenges and seize game-changing opportunities,” said Zaslav. “I look forward to continuing this journey with him.”

Board chair Samuel A. Di Piazza Jr echoed the sentiment, calling Malone “instrumental” in guiding WBD’s strategy through an evolving media landscape.

For his part, Malone remains bullish on the company’s future. “The board and management team have made WBD more resilient, agile and positioned for profitable growth,” he said. “I look forward to staying involved—not just as a significant shareholder but as a trusted voice as the company explores strategic and structural opportunities ahead.”

Malone’s departure makes room for Anton Levy, who WBD plans to nominate for election. Post-meeting, the board will have 13 members, 12 of them independent.  

Malone meanwhile continues as chairman of the board and interim chief executive officer of Liberty Media Corp and Liberty Broadband Corp, and chairman of the board of Liberty Global.