AT&T CEO Touts CNN Edit Independence, HBO Max's 'Tremendous Business Model'

lauded WarnerMedia's CNN and streaming service HBO Max during the telecom giant’s annual shareholder meeting on Friday.

Concluded Stankey:"CNN is actually, at a time when all media is stressed, the most respected brand in news today, and we are proud of that." And in the past five years, the network has won more Emmys than in the previous 35 years combined, he noted."They play an important role, as does the rest of the news media, ensuring our democracy continues to function."

Stankey also responded to a shareholder asking if HBO Max was looking to compete and prevail against Netflix. He argued Netflix had a"tremendous business and a tremendous business model," but added WarnerMedia wasn't looking to mimic the streaming giant.

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