Warner Bros. Says Two Directors Left Over US Antitrust Probe (2)

Warner Bros. Discovery Inc. said Steven Newhouse and Steven Miron left its board of directors after learning that the US Justice Department was investigating whether their service violated antitrust law.

Newhouse, whose family business is the second-largest holder of Warner Bros. stock, was a member of the board’s nominating and governance committee, according to a filing Monday. Miron, who is also affiliated with the Newhouse family business, was a member of the compensation committee.

“Miron and Newhouse informed WBD that, without admitting any violation, and in light of the changing dynamics of competition in the entertainment industry, they elected to ...