Thread regarding AT&T layoffs

AT&T Boss John Stankey “Couldn’t Be More Pleased” With HBO Max Progress

More cluelessness....

https://deadline.com/2020/09/att-boss-john-stankey-couldnt-be-more-pleased-with-hbo-max-progress-nods-to-mulan-release-strategy-1234577030/

AT&T CEO John Stankey says he “couldn’t be more pleased” with the progress of HBO Max since it launched in May.

Appearing online Tuesday at the annual Goldman Sachs Communacopia conference, Stankey acknowledged the initial numbers are not sky-high. Earlier this summer, the company reported getting 4.1 million sign-ups in the first month, about one million of which were direct additions as opposed to existing HBO customers activating their HBO Max subscription at no charge.

by Anonymous
| 1097 views | | 8 replies (last September 16, 2020) | Reply
Post ID: @OP+16X2RmeA
Comment! It's anonymous!

8 replies (most recent on top)

" Nor are we trying to build the exact same product that Netflix has" = We messed up, we produced an inferior produce and can't aspire to be #1

by Anonymous
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Post ID: @1ast+16X2RmeA

Which is why he fired Brad Bentley, Kevin Reilly and Bob Greenblatt?

by Anonymous
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Post ID: @1chy+16X2RmeA

just like randy did for 10 years, said everything was ok. built a monster company with the most debt of all time. and missed any value creation payoff possible. john the stank will follow suit. nothing you can do the board isnt going to do anything except collect $$. it's a mess

by Anonymous
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Post ID: @erp+16X2RmeA

Looks like his strategy to simply tell the HBO team to go make more money is finally paying off!

by Anonymous
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Post ID: @ktq+16X2RmeA

Meanwhile, Peacock (!) just announced 15 million subscribers.

AT&T is too pathetic to exist.

by A
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Post ID: @ydg+16X2RmeA

Disney - 60 million signups starting from 0.
HBO Now - 1 million new subscribers plus 3.1 million existing HBO subscribers that realized they could sign up for no extra money.

NO Roku.
No Firestick.
No 4K.
No HDR
No Atmos
Sadly, no customers

by Anonymous
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Post ID: @jxz+16X2RmeA

The new strategy is known as "Moving the goalposts: AT&T informal fallacy is evident,

Translation: NOW it is a 10 year Plan

by Anonymous
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Post ID: @vwi+16X2RmeA

Awesome numbers, In the most recent quarter, AT&T generated about $7.59 billion in free cash flow, borrowed 7 billion in the past 2 quarters, had e $3.74 billion in quarterly dividend costs and 191B long term Debt.

by Anonymous
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Post ID: @odp+16X2RmeA

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