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AT&T, Discovery Execs Tout Streaming Momentum for Services

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hollywoodreporter.com

The CFOs of AT&T and Discovery touted their companies' early streaming momentum during a virtual investor conference on Monday.

WarnerMedia owner AT&T feels "good" about the early success of streaming service HBO Max, including subscriber and engagement trends, and its hybrid film release strategy for 2021, AT&T CFO John Stephens told theDeutsche Bank Media, Internet & Telecom Conference.

Addressing Warner's hybrid distribution model for its 2021 film slate, he said: "We announced we would do it for a year and we are in that process now.

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