Todd Spangler NY Digital EditorWarnerMedia’s recent restructuring was “spot on,” and the company accelerated those changes to the media division — which had been eyed for 2021 — because of COVID to boost the streaming profile of HBO Max, according to AT&T CEO John Stankey.Stankey, speaking Monday at the Wall Street Journal’s WSJ Live streaming conference, praised WarnerMedia CEO Jason Kilar’s changes at the company.
The changes have “been nothing short of significant and absolutely spot on in terms of the direction,” Stankey said.In August, WarnerMedia laid off hundreds of employees across Warner Bros., HBO and DC Entertainment.
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