AT&T CFO on WarnerMedia Reorganization and Layoffs: A ‘Natural Progression’ in Shift to Streaming

The broad restructuring at WarnerMedia is a “natural progression” for the media conglomerate to hone its focus on HBO Max, according to John Stephens, AT&T’s chief financial officer. WarnerMedia laid off hundreds of employees Monday across Warner Bros., HBO and DC Entertainment. That came after a major management shakeup under new CEO Jason Kilar, under […] …read more

Source:: Yahoo Finance

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