AT&T Falls Midday After Reports of HBO Senior Staff Leaving

Investing.com

Published Sep 17, 2019 11:34AM ET

Updated Sep 17, 2019 01:19PM ET

Investing.com - HBO staff aren’t happy with the direction the channel is taking and at least four senior-level staff are expected to leave in the next few weeks, NBC’s Dylan Byers reported on Tuesday..

The resignations are due to either frustrations with WarnerMedia chief John Stankey or are the result of his consolidation efforts, Byers said, quoting sources close to the organization.

More than 15 HBO executives, managers and producers have left since the AT&T (NYSE:T) and Time Warner deal.

AT&T (NYSE:T) fell 1% in midday trade.

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