WarnerMedia's Warner Bros. will "continue to work with theater owners" even though it took animated film Scoob! straight to premium on-demand instead of waiting for cinemas to reopen after the novel coronavirus pandemic, John Stephens, the CFO of WarnerMedia owner AT&T, said Tuesday.
Speaking at the virtual MoffettNathanson Media & Communications Summit in a session that was webcast, he was asked about Universal Pictures' premium VOD push that has drawn a sharp response from cinema groups and how Warner Bros.
is thinking about that strategy. "Our launch of Scoob! took a different paththan normal because of the virus, and we’ll learn from that," he said about the Friday release, but highlighted that "we understand the importance of ...