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AT&T CFO Downplays Warner Talent Drain Risk, Touts Value of Vertical Integration

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hollywoodreporter.com

WarnerMedia owner AT&T continues to see benefits in vertical integration, meaning operating content and distribution assets, CFO John Stephens said on Tuesday.

Speaking during Citi’s 2021 Global TMT (Technology, Media, Telecom) West Virtual Conference, he acknowledged "the challenge is to maximize" the value of combining these assets, but lauded how the approach"adds to the quality of our offerings." He emphasized: "We feel good about the strategy.

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