WHAT DOES THIS MEAN FOR TURNER?

Al Meyers, a former vicepresident of strategy for Turner Broadcasting in the 2000s, saidhe doesn’t expect any major changes at Turner in Atlanta in the near term. “This merger was never about cost cutting,” he said. “You won’t see any big shifts here .” AT& T CEO Randall Stephenson, Meyers said, has been bullish on CNN and Turner assets :“I’ m sure they are just glad this distraction is over and they can get to value creation.” Meyers said there maybe some management turnover in the next 12 to 18 months .“It will be interesting to see which divisional heads will stay and who will go,” he said. Most top management at Turner is now based in New York or Los Angeles.