AT&T’s John Stankey Talks ‘Godzilla vs. Kong’ and HBO Max AVOD Plans

variety.com:

Cynthia Littleton Business EditorAn epic battle between two movie icons has helped provide proof of concept for AT&T’s larger strategy for WarnerMedia.AT&T chief John Stankey, speaking Thursday during the company’s first quarter earnings call with Wall Street analysts, pointed to the performance of Warner Bros.’ “Godzilla vs.

Kong” on HBO Max and at the box office over the past three weeks as signs that the bold strategy of simultaneous releases in theaters and on the streaming platform is working.The rollout of WB movies to date has “provided theaters with a steady flow of content and has been a great catalysts for growth at HBO Max,” Stankey told analysts“Godzilla vs.