The End of an Era for HBO—And for Television
The network has lost its CEO just months after its parent company was bought by AT&T. Subscribers should brace themselves for dramatic change.
to turn its new acquisition HBO into a Netflix-size juggernaut have been brewing for months while the telephone company completed its . Last July, the AT&T executive John Stankey gathered HBO’s employees and lectured them about how the company would need to get to compete with other streaming giants; the reaction in the room was reportedly less than positive. Several months later, the other shoe has finally dropped. HBO’s chief executive officer, Richard Plepler, who joined the company in 1992 and Thursday that he would be stepping down.
