With 42 million US subscribers, almost six billion dollars in profit over the past three years, and 29 Primetime Emmy Awards in 2017 alone, it goes without saying HBO is doing something right. But according to AT&T executive and newly enthroned WarnerMedia CEO John Stankey, the network must broaden its focus if it wants to maintain proper competitive footing in the fluctuating media landscape.


blackbootz:

    While Stankey didn't mention Netflix, Hulu, or other streaming rivals outright, he did hint that HBO's business model needs to adapt in order to become what chairman Richard Plepler describes as 'sustainable': "We need hours a day...It's not hours a week, and it's not hours a month. We need hours a day. You are competing with devices that sit in people's hands that capture their attention every 15 minutes." Stankey told The New York Times.

This is gross. Don’t mean to get romantic, but what about spending hours a day... with other people?*

*Written from a screen he spends hours on a day.


posted by francopoli: 101 days ago