John Stankey Latest Celebrity News & Gossip

There are few people in Hollywood that have serious power over the future of the industry. One of those men is John Stankey, the CEO of AT&T.

AT&T CEO John Stankey said on Thursday that he feels better about the state of film and TV productions amid the coronavirus pandemic, but the outlook for the theatrical business remains uncertain nearing the end of the year, with the recovery likely to be "choppy." He also admitted that the Tenet release was no "home run," even though he said he was "happy" the studio went ahead with the theatrical release.

AT&T Inc. CEO John Stankey has defended moves by the telco and media giant to reorganize the management team at WarnerMedia to put a priority on creating and distributing content for streaming.

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.

Dade Hayes, Jill Goldsmith AT&T CEO John Stankey continues to express no misgivings over the launch of HBO Max in May, citing the unforeseeable impact of COVID-19 as its only real blemish.During a keynote session today kicking off the Wall Street Journal‘s Tech Live conference, Stankey pronounced himself “very happy” with the debut of the streaming service.

WarnerMedia parent AT&T's $1.1 billion sale of a majority stake in Central European Media Enterprises to Czech businessman Petr Kellner's PPF Group closed on Tuesday. AT&T, led by CEO John Stankey, decided last year to sell the asset.

The European Union has approved WarnerMedia parent AT&T's $1.1 billion sale of a majority stake in Central European Media Enterprises to Czech businessman Petr Kellner's PPF Group. AT&T, led by CEO John Stankey, had last year unveiled the plan to sell the holding to reduce its debt.

AT&T CEO John Stankey says the telecom and media conglomerate is using HBO Max and its fast-growing streaming strategy to weather the novel coronavirus pandemic. "Had we not done that and been in this situation, I feel we'd be real flat-footed," Stankey told the Goldman Sachs Communacopia Conference during a virtual appearance on Tuesday as he discussed the recent HBO Max launch.

Dade Hayes Finance EditorAT&T CEO John Stankey says he “couldn’t be more pleased” with the progress of HBO Max since it launched in May.Appearing online Tuesday at the annual Goldman Sachs Communacopia conference, Stankey acknowledged the initial numbers are not sky-high.

Dade Hayes Finance EditorAs expected, Friends appears to be delivering the goods for HBO Max, with WarnerMedia revealing that it is the top show on the platform since its launch on May 27.The disclosure follows AT&T’s earnings call last week, when CEO John Stankey said the service has attracted 4.1 new signups, including through direct outreach and AT&T wireless offers.

AT&T's quarterly earnings conference call on Thursday morning also provided updates about the film release strategy of the telecom giant's film studio Warner Bros., which will be of interest to Hollywood insiders. John Stankey, the former CEO of AT&T's entertainment unit WarnerMedia who recently was promoted to the role of CEO of the parent company, was asked on the call about how the novel coronavirus pandemic has been affecting the film business and distribution strategies.

We are still unsure when Christopher Nolan’s “Tenet” will arrive in theaters, as Warner Bros. hasn’t yet announced a new release strategy for the film after its most recent delay.

Dade Hayes Finance EditorHBO Max had a “flawless” launch in May, according to AT&T CEO John Stankey, who offered investors a few details about the streaming rollout during a conference call with Wall Street analysts on Thursday.The call followed the release of the company’s second-quarter financial results, which saw the company exceed profit forecasts despite significant headwinds due to COVID-19.About 4.1 million overall subscribers have signed up for Max, including about one million wholesale

Cynthia Littleton Business EditorWarner Bros.

Jill Goldsmith, Dade Hayes With earnings season well under way, AT&T Thursday kicks off a spate of financial reports by media and entertainment companies that will give investors the first close-up look at a quarter dominated by COVID-19.The April-to-June period is likely to see a startling amount of red ink, especially for any players with exposure to theatrical movie releasing, live sports and theme parks.

John Stankey, the current leader of WarnerMedia and set to be come CEO of telcom giant AT&T on July 1, on Wednesday laid out a road map for how the telecom and media conglomerate will weather the economic storm caused by the novel coronavirus pandemic. "The big question incumbent on all of us is what this climb out of this hole looks like and what kind of dynamics occur in the second half of this year," Stankey told the J.P.

By Cynthia Littleton

AT&T on Thursday said WarnerMedia will take control of its Xandr advertising unit, to be run by WarnerMedia chief revenue officer Gerhard Zeiler. The move follows Brian Lesser, who launched Xandr in 2017, last month leaving the telco giant.

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By Dade Hayes

By tapping Jason Kilar — the co-founder of Hulu and an Amazon veteran — to be its new CEO, AT&T-owned WarnerMedia is sending a signal that its future will be streamed. In a conversation with Variety just hours after the announcement, Kilar himself says as much.

By Jill Goldsmith

By Mike Fleming Jr

Former Hulu chief Jason Kilar has been named CEO of WarnerMedia.

WarnerMedia will commit “more than $100 million” to help crew members on its shows and movies that have had to pause production during the coronavirus pandemic, CEO John Stankey told employees in a memo Friday afternoon. Stankey also outlined some of the strategic pivots the company has made in recent weeks in order to respond to the crisis, including experimenting with accelerate home viewing, disrupting traditional theatrical windows, with all theaters closed.

By Jill Goldsmith

WarnerMedia is giving back to its’ production workers who have been laid off due to the coronavirus pandemic.

WarnerMedia will pledge $100 million in relief to workers affected by wide production shut downs in film and television, CEO John Stankey said in a Friday staff memo obtained by Variety.

By Jill Goldsmith

WarnerMedia CEO John Stankey made $22.5 million in 2019, AT&T disclosed Wednesday in a regulatory filing. The executive,who was also promoted to the role of AT&T president and COO late last year, made $16.6 million in 2018 and $10.01 million in 2017.

John Stankey, head of WarnerMedia and AT&T’s chief operating officer, saw his 2019 compensation rise 36%, to a total of $22.47 million, according to a regulatory filing.

John Stankey, head of WarnerMedia and AT&T’s chief operating officer, saw his compensation rise 36%, to a total of $22.47 million, according to a regulatory filing.