![]() ![]() Bewkes bumped into Randall Stephenson, AT&T's then-chief executive, at the Allen & Co. Bewkes first planted the seed of a sale of Time Warner to AT&T in 2014, as he was looking to fend off Rupert Murdoch's 21st Century Fox's takeover attempt," the WSJ article said. He apparently proposed the sale to AT&T several years before it happened. "We didn't think they would go to such a level of malpractice as to not listen to anybody… even though they themselves had no experience in those areas." Bewkes suggested merger with AT&Tīewkes was Time Warner CEO from 2008 to 2018 and was previously the CEO of HBO. Bewkes is quoted in the book as saying, is that he and his board thought AT&T "would basically leave our people alone." That didn't happen, he said. "The most disappointing thing to me about the AT&T merger," Mr. Plepler left after clashes over strategy with John Stankey, who was tapped to run the entity-rebranded as WarnerMedia-and now is chief executive of AT&T. Bewkes doesn't express regret over the decision to sell to AT&T, he said he is angry about how his team of top executives and the staff were treated.Īmong the high-profile departures were HBO's former boss, Richard Plepler. The Wall Street Journal received an advance copy of the book and published an article today describing Bewkes' comments: ![]() Bewkes is quoted about the aftermath of the $108 billion merger in a James Andrew Miller book called Tinderbox: HBO's Ruthless Pursuit of New Frontiers, which will be released on November 23. Getty Images | Mark Wilson reader comments 121 withįormer Time Warner CEO Jeff Bewkes says that he and other board members were surprised that AT&T mismanaged the media company after buying it in 2018.
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