Nicolau, Anna, and James Fontanella-Khan. Faughnder, Ryan. [8], Since June 2018, Stankey has been the CEO of WarnerMedia which owns various media and film corporations, including Warner Bros., HBO, Turner Broadcasting System, and CNN. [29] At a 2018 town hall with Anderson Cooper immediately after the announcement of the merger, Stankey said that editorial independence is “earned” when “a reporter does their job the right way.” [30] Stankey was then criticized for seeming to “reserve the right” to take away CNN’s editorial freedoms whenever he determines that reporters have not done their jobs the “right” way, with emphasis on the ambiguity of determining just which way is right. Accessed August 13, 2019. Instead, an independent director will be named to said position. All Rights Reserved. [7], In 1995, after Southwestern Bell Corporation became SBC Communications, Stankey served as the Executive Vice President of Industry Markets beginning in 1998 becoming the Executive President of Industry Markets in 2000. “Top Hollywood Execs Give Overwhelmingly to Democrats for Midterms.” The Hollywood Reporter. April 30, 2019. John Stankey said in his first interview as the new head of Time Warner that he recognizes CNN has a "special social responsibility" to democracy, and he will lead the company accordingly. Speaking of which, Stankey held a number of important positions with SBC Communications. [11], On April 1, 2020, Stankey announced that he would be stepping down as CEO of WarnerMedia, and that former Hulu CEO Jason Kilar would be assuming that role effective May 1, reporting to Stankey who will continue as COO of AT&T. For example, Time Inc. was split off, with the result that it has since been bought out by Meredith Corporation. Stankey is taking charge of one of the biggest media businesses in the world, spanning everything from "The Situation Room" to "Game of Thrones." In 2018, Stankey was one of just three people on the Hollywood Reporter’s list of the Top 100 Most Powerful People in Hollywood to donate to Republicans in the 2018 midterm election cycle. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. At its most fundamental level, finance is focused on money as well as the use of money, meaning that it has a wide range of uses in the corporate context. For instance, AT&T took on a lot of debt in order to pick up its media assets, which hasn’t been helped by the perception from some quarters that its executives don’t have a solid plan in mind for them. Learn how your comment data is processed. [15] Stankey has drawn criticism for speeding the exits of longtime HBO and Turner heads, while giving more power to chiefs of CNN and Warner Bros. [16] Stankey has forced further cultural changes at WarnerMedia, getting rid of divisions of the company which traditionally focused on catering to niche audiences in order to try to create broadly appealing content. “John Stankey.” WarnerMedia. June 22, 2018. John Stanley has 435 Voter Records. [7] His father was an insurance underwriter and his mother a housewife. [8] In 2001 Stankey became the President and CEO for SBC Southwest. Accessed August 13, 2019. And over time, if we do that, it will ultimately carry the day. Which Leveraged Bond ETF is Right For You? Still, Stankey has remained confident in AT&T’s future in streaming services. When these guys bought DirecTV, I was a fan. "I think our job, those of us who have major media assets, is to do our job responsibly. Accessed August 13, 2019. However, one of the reasons that the media assets have been criticized is the confused streaming strategy that has been seen so far. [28], Company employees have expressed doubts about Stankey’s ability to manage CNN. Salmon, Felix. In 2018, John Stankey was named one of the 100 most powerful people in Hollywood by The Hollywood Reporter. Copyright 2020 InfluenceWatch. Stankey confirmed that Jeff Zucker will remain in his role as CNN president. [8] In 2001 Stankey became the President and CEO for SBC Southwest. Katz, Brandon. Stankey led AT&T's acquisition of … “Is the New Corporate Boss Going to Wreck HBO?” Slate Magazine. John T. Stankey (born 1962) is an American businessman who is the former CEO of WarnerMedia (then Time Warner); currently serving as the CEO of the former's parent company, AT&T after previously serving as the president and COO. Accessed August 13, 2019. But Stankey said front-line employees in news and entertainment should not expect any major changes. All rights reserved. “New Time Warner Head John Stankey: CNN Has ‘special Social Responsibility’.” CNNMoney. However, it is marketed under the name of AT&T. John Stankey is the COO of AT&T who will be succeeding Randall Stephenson as the CEO of AT&T on July 1 of 2020. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. A Warner Media Company. [6], In 2018, AT&T purchased Time Warner. Which Managed Futures ETF is Right for You? Accessed August 13, 2019. John T Stankey is President/CEO at AT&T Inc. See John T Stankey's compensation, career history, education, & memberships. November 19, 2017. For those who are unfamiliar, the breakup of the Bell System caused the Pacific Telephone and Telegraph Company to change its name to the Pacific Bell Telephone Company, with Pacific Telesis serving as a holding company for both Pacific Bell and Pacific Bell’s subsidiary Nevada Bell. The Time in Time Warner stands for Time Inc., founded in 1922, and Warner stands for Warner Brothers, the studio that was incorporated by four brothers in 1923. in finance from Loyola Marymount University. [7] In the 1980s, he graduated with a B.A. Coyle, Jake. [5][2] Stankey led AT&T's acquisition of DirecTV and Time Warner in 2015 and 2018, respectively. [7] In the 1980s, he graduated with a B.A. Fortunately, plenty of interest means that there is plenty of information out there. [31], Critics have expressed concerns about Stankey’s ability to handle the responsibility to determine whether a piece of reporting is done “right,” especially when put under pressure by very powerful people and organizations, including potentially President Donald Trump. The deal closed on Thursday night, so Friday is the first day the company can execute on its plan. Even his disciples deserted him John 6:60-71. James, Meg. Johnson, Ted. [1] Prior to taking up the head of WarnerMedia, Stankey worked with telecommunications company AT&T for over three decades. In short, his father was an insurance underwriter while his mother was a housewife, who had a total of three children.