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AT&T restructures WarnerMedia as it prepares to battle Netflix

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AT&T restructuring its WarnerMedia business, according to a memo sent to employees on Monday and seen by Reuters, as it girds for a streaming video battle with Netflix and Disney

AT&T is restructuring its WarnerMedia business as it prepares to take on Netflix and Disney.

AT&T Inc is restructuring its WarnerMedia business, according to a memo sent to employees on Monday and seen by Reuters, as it girds for a streaming video battle with Netflix Inc and Walt Disney Co. Robert Greenblatt, a former executive at Comcast Corp's NBCUniversal unit, will oversee premium cable network HBO, cable channels TNT, TBS, Tru TV and the upcoming video streaming service as chairman of WarnerMedia Entertainment.

 

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