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MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T Inc.    T

AT&T INC.

(T)
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Delayed Quote. Delayed Nyse - 12/01 04:10:00 pm
28.87 USD   +0.42%
12/01AT&T : FirstNet® Supports the Wildland Firefighter Foundation
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12/01AT&T : Reasons to Switch to AT&T
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12/01AT&T : TitleAT&T to Webcast Talk at UBS Global TMT Conference
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AT&T : WarnerMedia CEO Jason Kilar Ousts HBO Max's Top Leadership

08/07/2020 | 05:02pm EST

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. 0.42% 28.87 Delayed Quote.-26.13%
LAMAR ADVERTISING COMPANY (REIT) 0.49% 80 Delayed Quote.-10.37%
All news about AT&T INC.
12/01AT&T : FirstNet® Supports the Wildland Firefighter Foundation
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12/01AT&T : Reasons to Switch to AT&T
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12/01AT&T : TitleAT&T to Webcast Talk at UBS Global TMT Conference
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11/30AT&T : West Virginia's FirstNet Network Expands, Boosts Capabilities
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11/30AT&T : Ohio's FirstNet Network Expands, Boosts Capabilities
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11/30AT&T : Indiana's FirstNet Network Expands, Boosts Capabilities
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11/29AT&T : Remote Workers Lead to Increased Cybersecurity Risks
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11/24TRICOAST THANKSGIVING MOVIES : It's Turkey Time
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11/20AT&T : Senior Executive Vice President and CFO John Stephens Updates Shareholder..
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More news
Financials (USD)
Sales 2020 171 B - -
Net income 2020 12 456 M - -
Net Debt 2020 145 B - -
P/E ratio 2020 16,5x
Yield 2020 7,23%
Capitalization 206 B 206 B -
EV / Sales 2020 2,06x
EV / Sales 2021 2,01x
Nbr of Employees 235 000
Free-Float 93,4%
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
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 31,93 $
Last Close Price 28,87 $
Spread / Highest target 31,6%
Spread / Average Target 10,6%
Spread / Lowest Target -41,1%
EPS Revisions
Managers
NameTitle
John T. Stankey President, CEO, COO & Director
Randall L. Stephenson Executive Chairman
John J. Stephens Chief Financial Officer & Senior Executive VP
Matthew K. Rose Lead Independent Director
Scott T. Ford Independent Director
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