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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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John Stephens
AT&T CFO John Stephens On HBO Max, Shuttered Production, Asset Sales & Debt
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deadline.comJill Goldsmith AT&T chief financial officer John Stephens said the WarnerMedia parent is “optimistic” about HBO Max three weeks after launch and called the streaming service “a multi-year process, and so far so good,” promising to provide subscriber data on the next quarterly earnings call in July.Speaking Wednesday at a CSFB Media conference, Stephens reiterated AT&T’s target of 50 million HBO Max subs over five years.
He acknowledged production delays caused by COVID-19 caused some programming disruption but said Warner Bros.’ “100-year-old inventory” with shows from Friends to Big Bang Theory to cartoons provide a well of content to draw on.
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