After a turbulent year, WarnerMedia CEO Jason Kilar touts HBO Max gains
LOS ANGELES — Last year wasn't exactly smooth sailing for Jason Kilar.
The WarnerMedia chief executive began 2021 facing the wrath of Hollywood as producers, stars and agents were furious over his decision to release Warner Bros. movies "day-and-date" in movie theaters as well as on the company's fledging streaming service, HBO Max. WarnerMedia spent months writing big checks to compensate filmmakers for potential lost profits due to the company's abrupt change in strategy.
In May, days after being featured in a glowing Wall Street , Kilar's boss and AT&T Chief Executive John Stankey announced the sale of WarnerMedia to cable programming giant Discovery. by ) Then, in late summer, the company faced an outcry after it removed HBO Max from the Amazon channels store, which resulted in a loss of about 5 million subscribers.
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