Latest in John Stankey

AT&T CEO John Stankey said managing passwords is a key to long-term sustainability in the streaming business and something he and his team had in mind well before HBO Max launched. He made the comments on a call with analysts following AT&T’s latest earnings and two days after Netflix revealed that 100 million viewers…

AT&T CEO John Stankey, who decided last spring to spin off WarnerMedia into a $43 billion merged entity with Discovery, has sent a bouquet to WarnerMedia staff as the deal gets set to close. In a memo to staff (read it in full below), Stankey praised the “remarkable body of work” accrued by WarnerMedia in the nearly…

AT&T chief executive John Stankey's compensation totaled $24.8 million last year, up from $21 million the year earlier. According to a proxy statement filed with the SEC, retired CEO Randall Stephenson made $16.3 million in 2021 (down from $29 million). Stephenson stepped down as CEO after 13 years at the helm in July…

John Stankey, who played a central role in AT&T’s push into entertainment before shedding of those money-losing assets as CEO, signaled a new day in his opening remarks at the company’s investor day. “Today, we’re focused on looking forward,” he said. “We’re coming up soon on a big transition at AT&T: a more focused…

In a conference call with Wall Street analysts, AT&T CEO John Stankey defended the decision to separate HBO Max from Amazon’s channels business. While the move last year caused a significant short-term loss of subscriber momentum, the gain in control of data and customer insight will pay off in the long term, the…

Discovery stock jumped today as a formerly skeptical Wall Street is increasingly out pounding the table for the stock ahead of the David Zaslav-led company’s merger with WarnerMedia. The shares topped $30 during the session before closing at $29.34, up 2%. The upswing continued a rally that started last week on an…

UPDATED with closing price. AT&T’s beaten-down stock rose more than 2% today to reach a three-month high on strong subscriber numbers and auspicious signs for the pending WarnerMedia-Discovery deal. The $43 billion combination of WarnerMedia and Discovery in a spinoff from AT&T less than three years after the $85.4…

"We can't just stay who we were," says Cynthia Nixon's Miranda Hobbes in the opening episode of The Sex and the City sequel series And Just Like That… As true as the insight may be, it is also something that clearly runs counter to the desires of many fans of the HBO series that ended in 2004 and was followed by two…

AT&T CEO John Stankey said the approval process for a deal to shed WarnerMedia and merge it with Discovery "is consistent with what we would have expected as we walked into it." Speaking on the company's third-quarter earnings call, the executive said, "We are moving through the steps with the various regulatory…

AT&T CEO John Stankey sees a period of “less uncertainty” ahead for the telecom giant as Covid-19 gradually eases and the spinoff of WarnerMedia is completed. “If I think about where I sat last year, and maybe some of the anxiety and the pieces that had to be put in place,” he said during an online appearance at…

WarnerMedia streaming service HBO Max “would not be where it is today” without the company being part of AT&T, John Stankey asserted, even though that won’t be the case much longer. “The strength of the two companies” together has boosted the service past 44 million U.S. subscribers in combination with linear HBO, the…

AT&T continues to take a licking heading into the weekend with mogul Barry Diller describing plans to unload WarnerMedia as "a great escape" and calling its three-year dalliance with showbiz the telco giant's latest bungle in a string of bad deals. Never one to mince words, the founder of sprawling digital powerhouse…