According to CNBC, Warner Brothers CEO Kevin Tsujihara lost his job Monday after allegations of sexual misconduct.

The AT&T owned entertainment company has yet to name a successor for the executive, who is still under investigation for allegedly promising acting roles in exchange for sex.

Tsujihara was the first executive of Asian descent to head a major Hollywood studio and led Warner Bros. to its most profitable year in 2017.

He has admitted that his mistakes are inconsistent with the company’s leadership and could impact the company’s ability to execute going forward.

Benzinga.com / ABC Flash Point Entertainment News 2019. 

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