The CFOs of AT&T and Discovery touted their companies' early streaming momentum during a virtual investor conference on Monday.
WarnerMedia owner AT&T feels "good" about the early success of streaming service HBO Max, including subscriber and engagement trends, and its hybrid film release strategy for 2021, AT&T CFO John Stephens told theDeutsche Bank Media, Internet & Telecom Conference.
Addressing Warner's hybrid distribution model for its 2021 film slate, he said: "We announced we would do it for a year and we are in that process now.
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