TBI Tech & Analysis: Breaking down the numbers for 2019/20

2019 might seem like a different world to the Covid-19 dominated landscape we live in today, but the flurry of annual results revealed by US and European majors over recent weeks have provided an illuminating set of insights into how the content business is changing. Tim Westcott and Kia Ling Teoh, analysts at TBI sibling […]

WarnerMedia owner AT&T names John Stankey as CEO

Randall Stephenson is to retire as AT&T CEO and will be replaced by president and chief operating officer John Stankey. Stephenson, aged 60, will step down from the role on July 1 but will remain executive chairman until January to ensure a smooth transition, the company said. AT&T is characterising Stankey’s appointment as the final […]

AT&T reveals stinging losses for WarnerMedia as pay-TV subs fall

AT&T has revealed stinging losses for its WarnerMedia division, just a day after unveiling the launch date for its new streamer HBO Max. The US telco giant said it had lost a little under 900,000 TV subscribers in Q1 2020 in a continued downward spiral for the operator. Announcing its quarterly results on April 22, […]

WarnerMedia to launch HBO Max on 27 May but without ‘Friends’ reunion

AT&T-owned WarnerMedia is to launch its new streaming service HBO Max in the US on 27 May, albeit without the much-talked about Friends unscripted reunion show, which has been hit by the production halt caused by Covid-19. The platform was unveiled in October complete with its top tier pricing, and will offer more than 10,000 […]

HBO Max costs AT&T $1.2bn after ‘Friends’ and others taken off US market

Soon-to-launch US streamer HBO Max has cost AT&T’s WarnerMedia over US$1bn in forgone revenue, the operator’s quarterly results have revealed. By ensuring content such as Friends could exclusively be streamed on the service, WarnerMedia missed out on over $1.2bn in licencing revenue during the quarter. The service also cost Warner $500m in lost Earnings before […]

WarnerMedia lifts lid on HBO Max, confirms plans for AVOD version

AT&T has officially lifted the lid on HBO Max, announcing that the streamer will launch in May 2020 at US$14.99 per month and confirming plans for an AVOD option.  The streamer will launch with 10,000 hours of content and, as previously reported, existing AT&T HBO customers and HBO Now direct-billed subscribers will receive the new […]

HBO Max to launch in Latin America, unveils ‘free’ US deal

HBO Max is set to expand into Latin America after the streamer’s parent AT&T-owned WarnerMedia agreed a deal to take full control of HBO Ole Partners. WarnerMedia will acquire Ole’s minority stake in HBO Ole Partners, the joint venture set up in 1991 between WarnerMedia and Ole Communications, which will hand it 100% ownership of […]

TNT, TBS unscripted chief exits to launch WarnerMedia-backed label

Head of unscripted at US cablers TNT and TBS Michael Bloom is stepping down from his role after signing a production deal with Warner Media, marking the latest exec rejig at the AT&T-owned outfit. Bloom’s newly formed prodco Bongo Pictures has struck a first-look deal with WarnerMedia following three years in his current role at […]

HBO Max orders zany competition series, promises more unscripted originals

HBO Max has made its first unscripted orders, picking up a pair of eccentric competition series. WarnerMedia’s forthcoming streamer has handed 10-part straight-to-series orders to Legendary and The Greatest Space. Legendary is a fun take on voguing, which is a style of modern dance accompanied by outrageous fashion get-ups, all inspired by the hit Madonna […]

WarnerMedia CEO John Stankey gets expanded remit at AT&T

WarnerMedia CEO John Stankey has been appointed president and COO of HBO parent group AT&T. The role – which will begin in October – sets up the long-time AT&T exec as the successor to chairman and CEO Randall Stephenson, whom he now reports into. Stankey first joined AT&T in 1985 and has worked across all areas, […]

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