WarnerMedia shakes up leadership amid rollout of HBO Max

Hi! Welcome to the Insider Advertising daily for August 10. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at ljohnson@businessinsider.com

A quick reminder that nominations for our upcoming list of marketing-tech executives are due by Friday. 

Today's news: WarnerMedia's shakeup, how TikTok influencers make money, AT&T's marketing cuts, and Amazon slashes marketing spend.


Robert Greenblatt WarnerMedia
WarnerMedia's Robert Greenblatt

Courtesy of WarnerMedia

Three top WarnerMedia execs are exiting amid a major shakeup following the launch of HBO Max. Read the full memo from CEO Jason Kilar.

Read the full story here.


Addison Rae

Fanjoy

TikTok influencers reveal how they're making money in 2020 despite the app's paltry monetization features

Read the full story here.


AT&T CEO John Stankey

John Lamparski / Stringer

The third-largest advertiser in the US just laid off a chunk of its consumer marketing team

Read the full story here.


Amazon CEO Jeff Bezos

MANDEL NGAN—AFP VIA GETTY IMAGES

Amazon's record profits last quarter would've been impossible without an accounting change and a huge spending cut. That raises questions about future earnings growth.

Read the full story here.


More stories we're reading:

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— Lauren

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