- More turnover for the old Time Warner, as AT&T's WarnerMedia (T +0.5%) launched voluntary buyouts for employees at its HBO and Turner units, the latter of which has essentially been dissolved.
- Turner employees who are at least 55 and would have 10 years' service by year-end will get four week's pay for every year of service, capped at two years' payouts, The Wall Street Journal reports.
- HBO is also going through a round of voluntary buyouts, WSJ says; those follow a series of recent executive departures, including that of longtime chief Richard Plepler.