Amid HBO Max and Warner Bros. chaos, entertainment executives defend streaming push
Christopher Nolan may be seething, but CEOs for AT&T, NBCUniversal, and ViacomCBS each reiterated their commitment to streaming at a UBS conference on Monday amid chaos in Hollywood.
Following WarnerMedia's announcement that it would shift the Warner Bros. 2021 movie slate into a hybrid release, debuting movies on HBO Max at the same time they hit theaters, AT&T CEO John Stankey provided a small update on HBO Max as he defended WarnerMedia's decision.
The streamer is nearing 12.6 million active subscribers, according to Stankey, as reported by The Hollywood Reporter. That's about 4 million more since AT&T's last update in late October. Active is the key word. Technically, HBO Max has 28.7 million eligible subscribers who can upgrade...