Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

AT&T INC.

(T)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

AT&T : WarnerMedia CEO Jason Kilar Ousts HBO Max's Top Leadership

08/07/2020 | 05:02pm EDT

By Joe Flint

New WarnerMedia Chief Executive Jason Kilar has ousted the leadership of HBO Max, the new direct-to-consumer streaming service that launched less than three months ago.

Mr. Kilar decided to remove Robert Greenblatt and Kevin Reilly, the two executives who have overseen the new service, as part of a broader restructuring of AT&T Inc.'s WarnerMedia that he unveiled Friday afternoon.

In a memo to staff, Mr. Kilar said Ann Sarnoff, the chair and chief executive of the Warner Bros. movie and television studio, will now add oversight over content for HBO, HBO Max and the cable networks group which includes TNT, TBS and TruTV. All of those entities had previously been under Mr. Greenblatt, who had served as chairman of WarnerMedia Entertainment.

Andy Forsell, currently the general manager of HBO Max, will oversee the business operations of the unit as well as marketing and consumer engagement. Both he and Ms. Sarnoff will report to Mr. Kilar.

Also elevated in the reorganization is Casey Bloys, who currently oversees original programming for HBO. Mr. Bloys will now report to Ms. Sarnoff and be directly responsible for original content of HBO Max and the entertainment cable networks. He is essentially assuming the role previously held by Mr. Reilly.

The moves by Mr. Kilar upend the structure his predecessor John Stankey had set up before ascending to chief executive of AT&T last month.

 

Stocks mentioned in the article
ChangeLast1st jan.
AT&T INC. -0.85% 28.05 Delayed Quote.-2.47%
LAMAR ADVERTISING COMPANY (REIT) 0.48% 106.6 Delayed Quote.27.48%
All news about AT&T INC.
03:01aAT&T : Calsoft Announces Commercial Support for Akraino-led ICN (Integrated Clou..
AQ
07/30AT&T : FirstNet Cell Sites Launching Nationwide to Support Public Safety
PU
07/30AT&T : FirstNet Cell Site Launches in Greenville County, S.C. to Support Public ..
PU
07/29AT&T : FirstNet Cell Site Launches in Allegany County, Md. to Support Public Saf..
PU
07/29AT&T : DISH adds HBO Max, HBO and Cinemax, brings more content to viewers nation..
PR
07/28CORRECTION : Major Internet Outage Hits Amazon, Home Depot, UPS, AT&T, Dozens Mo..
MT
07/27AT&T : Argus Downgrades AT&T to Hold From Buy
MT
07/26AT&T : Providing End-to-End Public Safety Communications
PU
07/26AT&T : Deutsche Bank Adjusts AT&T Price Target to $37 From $34, Maintains Buy Ra..
MT
07/26AT&T : Celebrating American Disabilities Act Anniversary – 31 Years of Equ..
PU
More news
Financials (USD)
Sales 2021 174 B - -
Net income 2021 18 273 M - -
Net Debt 2021 161 B - -
P/E ratio 2021 11,1x
Yield 2021 7,44%
Capitalization 200 B 200 B -
EV / Sales 2021 2,08x
EV / Sales 2022 1,99x
Nbr of Employees 226 840
Free-Float 93,6%
Chart AT&T INC.
Duration : Period :
AT&T Inc. Technical Analysis Chart | T | US00206R1023 | MarketScreener
Technical analysis trends AT&T INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Last Close Price 28,05 $
Average target price 31,67 $
Spread / Average Target 12,9%
EPS Revisions
Managers and Directors
John T. Stankey President, CEO, COO & Director
Pascal Desroches Chief Financial Officer & Senior Executive VP
William E. Kennard Independent Chairman
David S. Huntley Chief Compliance Officer & Senior Executive VP
Matthew K. Rose Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
AT&T INC.-2.47%200 273
T-MOBILE US6.80%179 572
SOFTBANK GROUP CORP.-15.15%106 707
KDDI CORPORATION8.68%68 520
AMÉRICA MÓVIL, S.A.B. DE C.V.15.11%55 374
VODAFONE GROUP PLC-3.94%44 873