AT&T conglomerate chief executive John Stankey spoke with investors to defend the Warner Bros. simultaneously in HBO Max and cinemas. In his opinion, this is beneficial for all parties, including WB partners and consumers.
Allegedly, HBO Max is ahead of the plan for the number of users, which goes against the opinion of cinemas about the desire of WB to aggressively promote its online service.
We make the premiere both in cinemas and in online services, do not single out one thing, and will adjust plans if the film industry recovers from the consequences of the pandemic.
Warner Bros. was publicly criticized by Christopher Nolan, stating that “the best directors and actors suddenly found themselves working for the worst online service.” Stankey indirectly answered him too.
I know the market is buzzing right now, people have different points of view. But this always happens when you move from one model to another.
It should be borne in mind that AT&T is the parent company of Warner Media.