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AT&T CFO Talks HBO Max Launch, Film Release Strategy, Cost Cuts
AT&T is "pleased" with the early trends at recently launched streaming service HBO Max and continues to work with cinema operators on the "evolving" theatrical release schedule, CFO John Stephens told an investor conference on Wednesday. Stephens spoke at the Credit Suisse 22nd Annual Virtual Communications Conference in a session that was webcast, saying that while the novel coronavirus pandemic means "challenging times in the media business, we believe we got the best assets and the best platform to move forward." He particularly lauded the likes of CNN, Turner and HBO Max.