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. "Relative to the rest of Hollywood and some of the traditional media players, that movement that started during my tenure and that Jason Kilar has continued in his tenure being supported by the rest of the leadership team has been nothing short of significant and absolutely spot on in terms of the direction," Stankey told the WSJ Tech Live conference during a session that was webcast.
Newly installed CEO Jason Kilar has steadily shifted the legacy cable and theatrical businesses towards the streaming space with HBO Max.
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