The company said it hired former NBC Entertainment Chairman Robert Greenblatt to be chairman of a newly created unit called WarnerEntertainment—which combines HBO and Turner’s entertainment operations—and Direct-to-Consumer, which includes the streaming service WarnerMedia plans on launching later this year.
AT&T Inc. is putting its new Time Warner arsenal of media properties to work, rolling out not one but three streaming video services to compete with Netflix Inc
One of the new products launching late next year will be a movies-only plan, the company said on Thursday. Another will have original programming as well as blockbuster films. And the highest-priced choice will include content licensed from other companies.