Last week AT&T announced it had completed its $85.4 billion acquisition of Time Warner, the parent company of Warner Bros., DC Entertainment, CNN and HBO. Despite the difficulties that DC Extended Universe films have had with critics and at the box office, AT&T veteran John Stankey, who will serve as CEO of WarnerMedia, thinks the DCEU is heading in the right way.
"I think the performance [of DC movies] over the past year and a half is trending the right direction in terms of the quality of the product and how the franchise is being managed," Stankey told The Hollywood Reporter. "So hats off to [Warner Bros. Entertainment CEO Kevin Tsujihara] and the team around getting the momentum headed the right direction. Obviously, there were some public things that have occurred over the last couple of weeks [Diane Nelson and Geoff Johns, who ran DC Entertainment, both stepped down] that would indicate that some additional change is underway. My involvement in that is to make sure I support Kevin in getting the absolute best talent possible and we'll take that franchise to the next level. That's his set of decisions to make and his direction to go in."
"And I believe, as you sit here today and we start to think about what the new value proposition is for a combined Warner Media and AT&T," Stankey continued, "we obviously want to go to creatives and talk about what we can do with our platforms now that are different than what a stand-alone Time Warner could do prior to the transaction."
Arriving on Dec. 21, director James Wan’s Aquaman will be the next film in the DCEU. The movie stars Jason Momoa, Amber Heard, Patrick Wilson, Willem Dafoe, Yahya Abdul-Mateen II, Temuera Morrison, Dolph Lundgren, and Nicole Kidman.
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