Streaming Schedule: HBO Max & Papa John’s Delivery

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 May 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

“Our goal, frankly, is not to be Netflix.” AT&T’s incoming CEO John Stankey explains the company’s $4 billion bet on HBO Max. He shares his strategy for the platform, from its price point to its timeline and its rivals. Plus, Papa John’s delivers--profits, that is. May proved to be the chain’s best sales period in its 30+ year history. CEO Rob Lynch discusses pizza in the pandemic.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:06.0	HBO Max, the $4 billion streaming service has finally arrived,
0:10.0	lookout Netflix, or says incoming AT&T CEO,
0:14.3	don't worry about it.
0:15.3	Our goal frankly is not to be Netflix.
0:17.5	Our goal is to be something different.
0:19.7	And who wants pizza, Papa John's CEO on delivering through the COVID-19 pandemic.
0:25.4	We knew the kind of performance we needed to deliver to make sure that we were able to
0:29.2	meet the need for safe, high quality food.
0:32.2	It's Wednesday, May 27th, 2020, Squack Pot begins right now.
0:37.0	Good morning everybody. Welcome to Squack Box here on C.
0:40.0	I'm Becky Quick, along with Joe Kerning and Andrew Ross Sorkin.
0:44.0	First up on today's podcast Make Room on your streaming schedule, The Long Awated HBO Max, has finally arrived.
0:51.0	AT&T owner of HBO expects 50 million customers on the
0:55.3	platform by 2025 and they'll be paying 1499 a month for 10,000 hours of
1:00.9	content. That's a lot of episodes of friends. And that is also
1:04.8	substantially more expensive than Netflix, Apple TV, Disney Plus, and Hulu
1:09.3	subscriptions. At AT&T's helm for the launch, John Stanky, a 30-year company veteran and soon-to-be successor to
1:16.3	longtime CEO Randall Stevenson.
1:18.9	Stanky takes over as Chief Executive of AT&T on July 1st.
1:22.6	Here's Joe Kernan kicking things off with John Stanky this morning on Squawk Box.
1:26.7	John, thanks for coming on today.
	...

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