Veteran John Stankey will take over as AT&T chief executive officer, the company said on Friday, as the U.S. telecommunications and media giant grapples with the impact of the coronavirus outbreak and its late entrance into the global streaming wars.
AT&T, which faced heavy criticism from HBO fans and some in the creative community, is betting the service can achieve wider appeal with hit shows like “Friends” while hanging onto more sophisticated audiences with “Succession” and similar shows.
“After an extensive evaluation, it was clear that John Stankey was the right person to lead AT&T into the future,” he said.
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