WEBVTT - Inside HBOMax's Streaming Strategy with WarnerMedia CTO Jeremy Legg

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<v Speaker 1>Welcome to another episode of Strictly Business, the podcast in

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<v Speaker 1>which we speak with some of the brightest minds working

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<v Speaker 1>in media today. I'm Andrew Wallenstein with Variety. We are

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<v Speaker 1>months away from the launch of HBO Max, but you

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<v Speaker 1>better believe my next guest is already plenty busy. He's

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<v Speaker 1>Jeremy leg chief technology officer at Warner Media. He's the

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<v Speaker 1>one who will make sure HBO Max is streaming into

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<v Speaker 1>your home seamlessly, with all the bells and whistles of

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<v Speaker 1>the product functioning. Thanks for coming in, Jeremy, Thanks for

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<v Speaker 1>having me, and it's great to be one of the

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<v Speaker 1>brightest minds. My staff is an elite, elite group of people.

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<v Speaker 1>That's awesome. UM So we're sitting here talking in early December.

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<v Speaker 1>The launch at this point is months away. I don't

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<v Speaker 1>think you guys have said we're public about that, and

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<v Speaker 1>so even though we're here in December, I'm just curious

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<v Speaker 1>in the process of ensuring this thing goes off without

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<v Speaker 1>a hitch. Where are you Well, So we're we're basically

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<v Speaker 1>at our first beta. Um So. We just launched an

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<v Speaker 1>internal beta recently um and brought in a lot of

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<v Speaker 1>the content from Turner and HBO and Warner Brothers um

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<v Speaker 1>and so we've expanded the HBO Now and Go application

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<v Speaker 1>as consumers might think of it, and rebranded it as

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<v Speaker 1>HBO Max and made it a multi tenant technology platform

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<v Speaker 1>that can support not just the HBO brand, but all

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<v Speaker 1>of the brands of the broader company. So we're it's

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<v Speaker 1>internal right now, we haven't released it out to the

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<v Speaker 1>broader consumer base, but there's an app there and it

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<v Speaker 1>works and when you press when you press play, the

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<v Speaker 1>video plays. Got it. And I assume there's you know,

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<v Speaker 1>plenty of meetings with with the the Green Blacks and

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<v Speaker 1>Riley's of the world. I'm talking about the gentleman who

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<v Speaker 1>we are running the content side of this. Do they

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<v Speaker 1>leave you to do your own thing? Or is it

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<v Speaker 1>all everyone's getting in each other's businesses, regardless regardless of

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<v Speaker 1>whether it's content or distribution. Well, I asked Bob and

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<v Speaker 1>Kevin to write code for me regularly, but they but

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<v Speaker 1>they but they have so far declined that honor. But

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<v Speaker 1>we work very closely with them, right So they're obviously,

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<v Speaker 1>you know, building the content, selecting the content, and then

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<v Speaker 1>we work collectively on how that content is going to

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<v Speaker 1>be featured in merchandise inside of the application, and also

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<v Speaker 1>a lot of the product features associated with what we're building.

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<v Speaker 1>So it's it's a you know, this is a this

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<v Speaker 1>is truly a corporate wide effort um involving you know,

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<v Speaker 1>both the leadership as well as the working teams across

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<v Speaker 1>many organizations, and so we work very closely with them

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<v Speaker 1>on all of this. And you're not starting from scratch.

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<v Speaker 1>It's not as if the HBO or Turner brands are

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<v Speaker 1>new to streaming. You mentioned, you know, HBO Go and HBO.

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<v Speaker 1>Now how much of a leg up does that give

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<v Speaker 1>you or from an infrastructure perspective, is it like a

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<v Speaker 1>clean slate? It gives us a pretty significant leg up.

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<v Speaker 1>I mean, there's some downsides to it, but I'll talk

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<v Speaker 1>about the positives first. On on the on the positive

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<v Speaker 1>side of the ledger, you know, we have a scaled platform.

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<v Speaker 1>That platform delivered Am of Thrones. We did four point

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<v Speaker 1>six four point seven million concurrent streams on the final

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<v Speaker 1>episode and millions more before that, and so we know

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<v Speaker 1>it can handle large video loads. We know it can

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<v Speaker 1>handle lots of consumers coming into the application, and uh,

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<v Speaker 1>you know it's a brand that you know, millions of

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<v Speaker 1>consumers have access to today and use the application today,

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<v Speaker 1>So you know, we're starting from a strong foundation, and

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<v Speaker 1>so we're working now on how do you merchandise more

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<v Speaker 1>brands inside of that application than just Hbo because obviously

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<v Speaker 1>this becomes everything from DC Comics to you know, Turner

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<v Speaker 1>Properties and other components or other content brands across the

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<v Speaker 1>broader company on the other side of the fence. And

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<v Speaker 1>the part that's a little bit more of a challenge is,

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<v Speaker 1>you know, you've got millions of people using HBO going now,

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<v Speaker 1>and they're going to start using HBO Max. So how

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<v Speaker 1>do you get seamless consumer transitions from those legacy applications

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<v Speaker 1>into um HBO max for example, UM how do you

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<v Speaker 1>translate all of their personalizations and recommendations into the new app?

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<v Speaker 1>How far do you go with that? And so you know,

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<v Speaker 1>those are things you wouldn't otherwise have to work through

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<v Speaker 1>if you had a clean slate and you were launching

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<v Speaker 1>the app for the first time. But I'll take those problems.

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<v Speaker 1>I'll take the problems of having millions of people using

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<v Speaker 1>your application and working through that rather than starting at zero. Yeah,

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<v Speaker 1>it's a nice standing start. Does that mean that brands

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<v Speaker 1>like HBO Now will continue in the HBO Max era. Yeah,

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<v Speaker 1>it does. I mean the HBO Now and Go brands

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<v Speaker 1>are not going away. HBO as a brand, more importantly

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<v Speaker 1>is not going away. It's you know, a central brand

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<v Speaker 1>for the broader company. Um. The challenge for us is

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<v Speaker 1>how do you maintain HBO as a brand and a

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<v Speaker 1>product separate apart from HBO Max, but then also take

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<v Speaker 1>HBO Max and make it a broader brand umbrella for

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<v Speaker 1>the other properties of the company. So it's a you know,

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<v Speaker 1>this is something we talked with with Kevin and Bob

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<v Speaker 1>about regularly, Andy Forcel and Tony Consalves on the on

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<v Speaker 1>the product side is how do we build the technology

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<v Speaker 1>in such a way that the publishing and editorial teams

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<v Speaker 1>can feature these applications in such a way that they

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<v Speaker 1>maintain their brand identities. And so it's it's a you know,

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<v Speaker 1>when I talk about sort of multi tenant, that's really

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<v Speaker 1>what I mean is, you know, how do you have

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<v Speaker 1>HBO live in there, but how do you also have

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<v Speaker 1>DC Comics live in there? How do you also how

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<v Speaker 1>do you also have the other brand properties of the

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<v Speaker 1>company living there. It's it's an interesting challenge for us.

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<v Speaker 1>You know, CNN is going to be in this application, um,

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<v Speaker 1>and so you've got a lot of brands that normally

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<v Speaker 1>people don't think about sort of coexisting together. And so

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<v Speaker 1>you have to bring all that into one application and

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<v Speaker 1>create a way for people to find that content, personalize

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<v Speaker 1>that content, recommend that content, and navigate around the application

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<v Speaker 1>in a coherent way. I guess I I never stopped

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<v Speaker 1>to think of the as you put it, the multi

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<v Speaker 1>tendency as as an issue because I just assumed you're

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<v Speaker 1>grabbing a bunch of content. It all has different labels,

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<v Speaker 1>network brands, and you dump them into the streaming service.

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<v Speaker 1>I know I'm making this ridiculously simplistic, but are you

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<v Speaker 1>somehow SI justesting that even though we're kind of moving

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<v Speaker 1>away from the traditional linear system in this streaming world,

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<v Speaker 1>that these brands maintain some kind of distinct presence. Yes,

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<v Speaker 1>I mean, uh, you know there will be capabilities to

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<v Speaker 1>cut across brand so as you you know, as you

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<v Speaker 1>do search right, as you look at genres or things

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<v Speaker 1>like that, those aren't brands specific. But some of these

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<v Speaker 1>brands are very strong. They have um, you know, cult

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<v Speaker 1>followings and fan followings, and we don't want to diminish that.

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<v Speaker 1>So we want areas of the application to feature those

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<v Speaker 1>brands and allow consumers to dive deep inside of those

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<v Speaker 1>brands to discover things around Batman or Superman. I mean,

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<v Speaker 1>these are iconic kinds of things, and so we don't

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<v Speaker 1>want to simply merchandise things and just sort of throw

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<v Speaker 1>it all into one funnel and say, go find your content.

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<v Speaker 1>So they'll be you know, curated components of this. They'll

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<v Speaker 1>be brand areas associated with this, you know, much of

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<v Speaker 1>which we showed, for example, during Investor Day. But then

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<v Speaker 1>they'll also be ways for consumers to navigate to specific

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<v Speaker 1>content that they may want. So you know, you can

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<v Speaker 1>go into the search bar and it is not brand specific,

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<v Speaker 1>so you can go and find any content that you

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<v Speaker 1>want in that way. From a product perspective, is there

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<v Speaker 1>something about HBO max is a streaming service that you

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<v Speaker 1>think will set it apart from some of the others

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<v Speaker 1>in this space. Is there some sort of strategic tech

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<v Speaker 1>that you guys are taking in terms of u X

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<v Speaker 1>or infrastructure. Well, I think there's I think there's a

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<v Speaker 1>couple of things that we're doing. One. I'll start on

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<v Speaker 1>the product side and then another I'll talk on the

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<v Speaker 1>tech side. On on the product side, Yes, we want

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<v Speaker 1>there to be computer driven algorithms associated with personalization and recommendation,

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<v Speaker 1>and we'll build those things. Those are valuable things, um.

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<v Speaker 1>But what we also want to do is is add

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<v Speaker 1>an element of curation to this that we don't really

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<v Speaker 1>think exists in the spot space at the at the

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<v Speaker 1>degree to which we have or to degree to which

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<v Speaker 1>we're building into the product. So as you think about,

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<v Speaker 1>you know, the sort of endless scrolls of tiles that

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<v Speaker 1>exist across most of the spots us is they're largely

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<v Speaker 1>just driven by an algorithm. We want sections in there

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<v Speaker 1>where we can actually curate and publish content specifically by

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<v Speaker 1>humans and have that capability there so that if we

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<v Speaker 1>want to merchandise or feature certain things around you know,

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<v Speaker 1>Batman or Superman or classic movies or whatever, it might

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<v Speaker 1>be that they're publishing capabilities where you can feature things.

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<v Speaker 1>So akin to if you think about the way you

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<v Speaker 1>know Turner Classic Movies does thirty days of Oscar or

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<v Speaker 1>thirty days of James Bond, those are human curated kinds

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<v Speaker 1>of capabilities. We want those capabilities as well as algorithmic

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<v Speaker 1>capabilities to deliver consumers at different experience. Okay, I'm curious

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<v Speaker 1>also as we talk about HBO Max and launching into

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<v Speaker 1>the teeth of the so called streaming wars, do you

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<v Speaker 1>look around at the competitors. Are you kind of studying

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<v Speaker 1>them Disney Plus obviously in the market now, Apple TV

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<v Speaker 1>Plus in the market now or is it more like,

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<v Speaker 1>you know, we just keep our head down and create

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<v Speaker 1>the product we're going to create. Well, I mean, I

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<v Speaker 1>hate to maybe a non answer answer, but the answers yes. Um,

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<v Speaker 1>of course, we look at what the competitors are doing,

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<v Speaker 1>and we look inside of their applications and the features

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<v Speaker 1>that are there. The consumers have clearly decided they like,

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<v Speaker 1>and we have to make value based decisions about, you know,

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<v Speaker 1>whether we're gonna put that in our app or not

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<v Speaker 1>put that in our app. Um. But with all that said,

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<v Speaker 1>at the end of the day, you know, we can't

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<v Speaker 1>spend all of our time worrying about what Disney does

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<v Speaker 1>or what you know NBC does, or what Netflix does.

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<v Speaker 1>We have an app we have to build, and we

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<v Speaker 1>have to believe in the product that we're building. And

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<v Speaker 1>so while we pay attention to it and we look

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<v Speaker 1>up over the horizon and and certainly note the things

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<v Speaker 1>that they're doing. Um, you know, we obviously went in

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<v Speaker 1>and looked at the Disney Plus application when it launched.

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<v Speaker 1>At the same time, we've got a roadmap that we're

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<v Speaker 1>trying to deliver against. We've got a value proposition we're

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<v Speaker 1>trying um to deliver against, which we think is a

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<v Speaker 1>bit differentiated from our competitors. And we don't have time

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<v Speaker 1>to worry about it. We we've got to launch an

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<v Speaker 1>app and you know, five six months and there's a

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<v Speaker 1>lot of work to do. Do you have like those

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<v Speaker 1>next six months, uh six months you know sketched out

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<v Speaker 1>within an inch of itself? And in other words, is

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<v Speaker 1>there you just know everything that needs to happen operationally

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<v Speaker 1>at this point and it's all sort of mapped out

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<v Speaker 1>more or less. Yeah, I mean they're you know, we've

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<v Speaker 1>got all of our scrum teams, you know, assigned work

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<v Speaker 1>right up until the launch. We know when we're going

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<v Speaker 1>into QA, we know when we're going into code freezes

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<v Speaker 1>and all that. You know. With that said, there's always

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<v Speaker 1>requirements that pop up here and there via discussions with

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<v Speaker 1>the studio side of the house, the product side of

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<v Speaker 1>the house, or the distribution side of the house, and

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<v Speaker 1>so there are new things that pop up, and we

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<v Speaker 1>we have to make prioritization decisions about squeezing one thing

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<v Speaker 1>out and moving it to a subsequent release. But for

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<v Speaker 1>the most part, the roadmaps pretty baked. I mean, uh,

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<v Speaker 1>if to launch something of this scale, um, you can't

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<v Speaker 1>be making it up at this age of the game.

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<v Speaker 1>You need to kind of have your ducks in a row.

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<v Speaker 1>I would imagine something like this. You know, in any company,

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<v Speaker 1>you get a sense of what are priorities, what perhaps

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<v Speaker 1>takes the oxygen away from other things. Is this kind

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<v Speaker 1>of like an all hands, all consuming thing that to

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<v Speaker 1>some degree presents a challenge in terms of balancing the

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<v Speaker 1>resources there versus you know, keeping the lights on in

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<v Speaker 1>other areas of the company. Yes, I mean, uh, certainly.

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<v Speaker 1>You know, I think one of the challenges that our

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<v Speaker 1>company has had, and I think a lot of media

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<v Speaker 1>companies have had, is that you know, if you look

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<v Speaker 1>at a Netflix or or you know, a spot service

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<v Speaker 1>out there, um, and they you know, they do a

0:11:40.000 --> 0:11:42.080
<v Speaker 1>great job with their product, and you know, consumers have

0:11:42.120 --> 0:11:45.160
<v Speaker 1>clearly decided that they like it, but they have thousands

0:11:45.160 --> 0:11:48.720
<v Speaker 1>of people that work on one app UM, and historically

0:11:48.920 --> 0:11:51.160
<v Speaker 1>most of the major media companies really haven't done that.

0:11:51.280 --> 0:11:54.840
<v Speaker 1>You know, we're supporting dozens of applications and broadcast plants

0:11:54.840 --> 0:11:57.080
<v Speaker 1>and all those kinds of things. I think one of

0:11:57.080 --> 0:12:00.360
<v Speaker 1>the big things that's really changed in in the roll

0:12:00.440 --> 0:12:02.720
<v Speaker 1>out of HBO Max, and I would suspect it similar

0:12:02.720 --> 0:12:06.320
<v Speaker 1>at some of our media appears, is that people are

0:12:06.320 --> 0:12:09.080
<v Speaker 1>taking this much more seriously than they have in the past.

0:12:09.240 --> 0:12:13.400
<v Speaker 1>They're throwing significant content resources against it and technology resources

0:12:13.440 --> 0:12:16.720
<v Speaker 1>against it. And so does it UM, you know, mean

0:12:16.840 --> 0:12:21.920
<v Speaker 1>that the sort of capital distribution across the technology organizations

0:12:21.960 --> 0:12:26.200
<v Speaker 1>is slanting towards HBO Max. The answer is yes, UM.

0:12:26.280 --> 0:12:28.600
<v Speaker 1>What I would also say with that is it should

0:12:29.080 --> 0:12:31.560
<v Speaker 1>you know it. We are at a moment in time,

0:12:32.120 --> 0:12:34.640
<v Speaker 1>I think, in our business model and cycle where we

0:12:34.720 --> 0:12:38.920
<v Speaker 1>have to start throwing more of the capital against UM,

0:12:39.040 --> 0:12:42.079
<v Speaker 1>both the innovations that we're doing in the streaming space

0:12:42.120 --> 0:12:44.079
<v Speaker 1>as well as as well as the product side of

0:12:44.120 --> 0:12:49.000
<v Speaker 1>the house. And that doesn't mean no other brands receive capital,

0:12:49.120 --> 0:12:51.960
<v Speaker 1>but it does mean that that you know, we're we

0:12:52.040 --> 0:12:55.520
<v Speaker 1>are really putting our shoulder behind doing this. It sounds

0:12:55.520 --> 0:12:58.600
<v Speaker 1>like a lot of plaque pressure too. It is, but

0:12:59.080 --> 0:13:02.280
<v Speaker 1>you know, this is actually the fun stuff, you know.

0:13:02.360 --> 0:13:05.079
<v Speaker 1>I mean, yes, it's pressure, and and if it doesn't work,

0:13:05.320 --> 0:13:07.240
<v Speaker 1>there may be a new CTU of Warner Media at

0:13:07.280 --> 0:13:11.000
<v Speaker 1>some point. But but you know, you're building things, you know,

0:13:11.040 --> 0:13:14.480
<v Speaker 1>I mean, you're you're you're playing offense, um, and you're

0:13:14.480 --> 0:13:18.360
<v Speaker 1>gonna release a product, honestly that the company I think

0:13:18.360 --> 0:13:20.600
<v Speaker 1>will be very proud of. And I think that even

0:13:20.600 --> 0:13:23.440
<v Speaker 1>though people are working very hard, they're excited about what

0:13:23.480 --> 0:13:26.920
<v Speaker 1>they're doing because it will not only be a significant

0:13:26.920 --> 0:13:28.600
<v Speaker 1>event for the company, but we think it will be

0:13:28.640 --> 0:13:32.160
<v Speaker 1>something that resonates in the marketplace. UM. So that's sort

0:13:32.200 --> 0:13:34.520
<v Speaker 1>of the good pressure. There's other things that are bad pressure.

0:13:34.600 --> 0:13:37.440
<v Speaker 1>But but you know, I don't enjoy doing budgets all

0:13:37.480 --> 0:13:40.120
<v Speaker 1>the time, and I don't you know, enjoy, you know,

0:13:40.200 --> 0:13:42.480
<v Speaker 1>doing cost reductions. But you know, you have to do

0:13:42.520 --> 0:13:44.800
<v Speaker 1>some of those things in order to free up capital

0:13:44.880 --> 0:13:47.319
<v Speaker 1>to do things you know, where you're playing offense. And

0:13:47.640 --> 0:13:49.400
<v Speaker 1>as long as as long as you know, look, we're

0:13:49.440 --> 0:13:51.480
<v Speaker 1>gonna have three swings at the plate on this and

0:13:51.480 --> 0:13:54.480
<v Speaker 1>and I feel good about our batting average. Well when

0:13:54.640 --> 0:13:57.040
<v Speaker 1>Disney Plus stepped up to the plate, as I'm sure

0:13:57.080 --> 0:14:01.120
<v Speaker 1>you saw tremendous demand, but then some technical problems that

0:14:01.240 --> 0:14:04.480
<v Speaker 1>came with that. Do moments like that give you pause

0:14:04.520 --> 0:14:06.920
<v Speaker 1>that you say, oh my god, I hope we don't

0:14:06.960 --> 0:14:09.800
<v Speaker 1>have to deal with that, or uh, what can you

0:14:09.880 --> 0:14:13.360
<v Speaker 1>really do even to to take precautions? Yeah, I'd say

0:14:13.360 --> 0:14:16.319
<v Speaker 1>that there is an unwritten code amongst c C t

0:14:16.480 --> 0:14:19.320
<v Speaker 1>O s where you feel for the other person. That's

0:14:19.600 --> 0:14:22.520
<v Speaker 1>that's going through it because anyone who's you know, run

0:14:22.720 --> 0:14:27.120
<v Speaker 1>large organizations or or you know how direct to consumer products,

0:14:27.160 --> 0:14:30.280
<v Speaker 1>you know, you've had stumbles and that's what technology. Uh,

0:14:30.440 --> 0:14:33.640
<v Speaker 1>that is unfortunately a reality of building scale technology. So

0:14:33.960 --> 0:14:35.680
<v Speaker 1>you know, I feel for my peers on the other

0:14:35.720 --> 0:14:37.560
<v Speaker 1>side of the world, and that's certainly not something that

0:14:37.600 --> 0:14:40.760
<v Speaker 1>they wanted to have to have happened. With that said,

0:14:40.800 --> 0:14:44.280
<v Speaker 1>you know, there are learnings associated with with UM. You

0:14:44.280 --> 0:14:46.600
<v Speaker 1>know all these things, and a lot of them are

0:14:46.640 --> 0:14:49.600
<v Speaker 1>around scale UM and how much scale you build in

0:14:49.640 --> 0:14:53.520
<v Speaker 1>the public cloud, not just for streaming, but for authentication

0:14:53.600 --> 0:14:57.600
<v Speaker 1>systems and entitlement systems and building systems. And you've got

0:14:57.600 --> 0:15:00.480
<v Speaker 1>to run through a pretty robust set of use cases,

0:15:00.640 --> 0:15:04.840
<v Speaker 1>both in terms of human banging on this and testing it,

0:15:04.880 --> 0:15:08.280
<v Speaker 1>but also automated scripting and automated testing to do load

0:15:08.280 --> 0:15:11.360
<v Speaker 1>balancing across all of these different areas so that you

0:15:11.440 --> 0:15:14.200
<v Speaker 1>feel like you're releasing an app that um is pretty

0:15:14.200 --> 0:15:17.640
<v Speaker 1>battle tested. I don't know exactly what happened on the

0:15:17.680 --> 0:15:21.320
<v Speaker 1>Disney application, but at the same time, they had enormous

0:15:21.360 --> 0:15:23.200
<v Speaker 1>demand for it out of the gates. So if if

0:15:23.240 --> 0:15:25.640
<v Speaker 1>you had to pick a reason that something failed, too

0:15:25.640 --> 0:15:28.800
<v Speaker 1>many people trying to get in, it is probably probably

0:15:28.880 --> 0:15:32.520
<v Speaker 1>problem of a high class problem. And you know, if

0:15:32.720 --> 0:15:35.200
<v Speaker 1>I I hope we don't have any technology failures, but

0:15:35.240 --> 0:15:37.120
<v Speaker 1>if we do, I hope it's because the demand so

0:15:37.240 --> 0:15:40.760
<v Speaker 1>high that that uh that UM, you know, we're we're

0:15:40.760 --> 0:15:43.280
<v Speaker 1>trying to meet the demand. UM, not for other reasons.

0:15:43.640 --> 0:15:46.320
<v Speaker 1>But is the nature of this kind of product, you know,

0:15:46.480 --> 0:15:51.120
<v Speaker 1>streaming software based the years, is it really no different

0:15:51.120 --> 0:15:54.320
<v Speaker 1>than say, back in the fifties when the television picture.

0:15:54.360 --> 0:15:56.600
<v Speaker 1>We'll have all sorts of problems. Is it the kind

0:15:56.600 --> 0:15:58.480
<v Speaker 1>of thing where these kind of problems you just have

0:15:58.520 --> 0:16:01.480
<v Speaker 1>to say okay for a technology in its infancy, this

0:16:01.600 --> 0:16:05.280
<v Speaker 1>kind of comes with the territory. Yeah, I think, UM,

0:16:05.440 --> 0:16:10.040
<v Speaker 1>to a degree, that's true. UM, you know the you know,

0:16:10.080 --> 0:16:13.240
<v Speaker 1>I run the broadcast side, for example, of the company

0:16:13.240 --> 0:16:18.359
<v Speaker 1>as well, and those you know, deliveries to a television

0:16:18.440 --> 0:16:23.320
<v Speaker 1>set today and largely historically have been in closed ecosystems.

0:16:23.800 --> 0:16:27.640
<v Speaker 1>You know, the technology is largely wholly owned by the

0:16:27.680 --> 0:16:32.040
<v Speaker 1>programmer and the distributor, and so you have a higher

0:16:32.040 --> 0:16:34.880
<v Speaker 1>degree of confidence that when you deliver a video bit

0:16:34.960 --> 0:16:36.920
<v Speaker 1>from point A to point B, that it's going to

0:16:37.040 --> 0:16:39.280
<v Speaker 1>make it there because there aren't as many ways for

0:16:39.360 --> 0:16:44.120
<v Speaker 1>it to be interfered with. This is Internet distribution, and

0:16:44.320 --> 0:16:47.440
<v Speaker 1>you know, you you don't own the end to end

0:16:47.640 --> 0:16:50.080
<v Speaker 1>way that video is delivered. You don't own the device,

0:16:50.840 --> 0:16:53.960
<v Speaker 1>you don't own the operating system on the device, you

0:16:54.000 --> 0:16:56.800
<v Speaker 1>don't own the browser on the device. You own the

0:16:56.840 --> 0:17:00.000
<v Speaker 1>app on the device, but it's built for that specific

0:17:00.120 --> 0:17:03.600
<v Speaker 1>operating system. And the way video actually makes its way

0:17:03.640 --> 0:17:06.920
<v Speaker 1>down through a CDN, or through the web, or through

0:17:07.040 --> 0:17:09.520
<v Speaker 1>you know, the various other methods that video goes down

0:17:09.560 --> 0:17:12.800
<v Speaker 1>to a device, you don't generally own those either. So

0:17:12.920 --> 0:17:15.919
<v Speaker 1>you're building software that sits on top of all of

0:17:15.960 --> 0:17:19.000
<v Speaker 1>these other things, and so the number of places where

0:17:19.000 --> 0:17:22.840
<v Speaker 1>you can have problems that you don't control U are

0:17:23.040 --> 0:17:25.359
<v Speaker 1>just broader than they are on the broadcast side of

0:17:25.359 --> 0:17:30.400
<v Speaker 1>the fence. Consumers don't care. Right. The consumer expectation is

0:17:30.400 --> 0:17:32.080
<v Speaker 1>is that this is going to work as well as

0:17:32.119 --> 0:17:34.520
<v Speaker 1>it does when I turn on my TV set, exactly right,

0:17:34.560 --> 0:17:36.679
<v Speaker 1>And so they don't care about all the sausage and

0:17:36.680 --> 0:17:39.600
<v Speaker 1>how it's made on the back end. Um, I have

0:17:39.720 --> 0:17:42.520
<v Speaker 1>to do that. And so you know, we we for

0:17:42.880 --> 0:17:45.520
<v Speaker 1>the way videos delivered over the Internet, are going to

0:17:45.560 --> 0:17:49.040
<v Speaker 1>take our lumps around how we deliver this, whether it's

0:17:49.119 --> 0:17:51.600
<v Speaker 1>on demand video or live video, which is even a

0:17:51.720 --> 0:17:55.640
<v Speaker 1>completely separate challenge on the Internet. Um, until we get

0:17:55.680 --> 0:17:58.800
<v Speaker 1>it right. And it's certainly vastly improved than it was

0:17:58.920 --> 0:18:01.840
<v Speaker 1>ten years ago. Um, but it's not all the way

0:18:01.960 --> 0:18:04.680
<v Speaker 1>to where it needs to be relative to meeting consumer

0:18:04.720 --> 0:18:08.240
<v Speaker 1>expectations about the way traditional television was delivered. And I

0:18:08.240 --> 0:18:10.680
<v Speaker 1>guess in taking your lumps, you learn, you figure out

0:18:10.680 --> 0:18:14.200
<v Speaker 1>where the problems the vulnerabilities are and you're better off

0:18:14.240 --> 0:18:17.280
<v Speaker 1>for it. Or is that just kind of well you

0:18:17.280 --> 0:18:19.600
<v Speaker 1>you do and and you know, look there's this and

0:18:19.720 --> 0:18:21.880
<v Speaker 1>I think it's just this interesting trade off right now

0:18:22.000 --> 0:18:25.040
<v Speaker 1>is that on traditional television, for the most part, the

0:18:25.160 --> 0:18:28.639
<v Speaker 1>video works when you turn it on, but the consumer

0:18:28.640 --> 0:18:31.760
<v Speaker 1>experience around the video isn't great, you know, if it's

0:18:31.760 --> 0:18:34.119
<v Speaker 1>a traditional set top box, whatever it might be, And

0:18:34.160 --> 0:18:37.000
<v Speaker 1>consumers have clearly said, I don't really like the way

0:18:37.040 --> 0:18:39.359
<v Speaker 1>that this video is delivered to me, even though it

0:18:39.640 --> 0:18:42.359
<v Speaker 1>comes on right away when I turn on my TV

0:18:42.560 --> 0:18:45.880
<v Speaker 1>or I changed the channel. On the Internet side, it's

0:18:45.960 --> 0:18:49.879
<v Speaker 1>feature rich, it's software based, in the set of capabilities

0:18:49.920 --> 0:18:52.720
<v Speaker 1>and ways you can watch video is vastly better than

0:18:52.760 --> 0:18:57.720
<v Speaker 1>it is on traditional television. But the video delivery ecosystem

0:18:57.760 --> 0:19:01.439
<v Speaker 1>that sits behind that, uh, is not wholly owned and

0:19:01.480 --> 0:19:04.520
<v Speaker 1>it's not a closed system. So yes, I mean, the

0:19:04.960 --> 0:19:07.320
<v Speaker 1>short answer to your question is is you do have

0:19:07.400 --> 0:19:10.480
<v Speaker 1>to learn about all these different mechanisms and figure out

0:19:10.600 --> 0:19:13.880
<v Speaker 1>methods that you can use in order to smooth things over.

0:19:14.160 --> 0:19:18.680
<v Speaker 1>So you know, here here's just a simple example. The

0:19:18.760 --> 0:19:23.840
<v Speaker 1>reason primarily that live video when it travels over the

0:19:23.840 --> 0:19:28.600
<v Speaker 1>Internet lags the delivery time associated with television, right, and

0:19:28.600 --> 0:19:31.320
<v Speaker 1>your notes it's seven or ten seconds behind on you know,

0:19:31.359 --> 0:19:33.760
<v Speaker 1>in some cases will be up to fifteen seconds behind

0:19:34.080 --> 0:19:37.080
<v Speaker 1>on live video streaming over over the open Internet is

0:19:37.119 --> 0:19:39.720
<v Speaker 1>so that you can fix video problems upstream before they

0:19:39.760 --> 0:19:43.160
<v Speaker 1>ever hit the consumer device, right, and so you can

0:19:43.200 --> 0:19:47.040
<v Speaker 1>fix video bit problems along along the video river that's

0:19:47.080 --> 0:19:50.320
<v Speaker 1>going down to the device. Um, and so lots of

0:19:50.359 --> 0:19:52.679
<v Speaker 1>that kind of stuff happens, and there's a little checkpoints

0:19:52.760 --> 0:19:55.159
<v Speaker 1>along the way for the way video is delivered that

0:19:55.320 --> 0:19:57.760
<v Speaker 1>enable people to fix it before the consumer ever sees it.

0:19:58.480 --> 0:20:02.480
<v Speaker 1>Over time, that will prove over time you will get

0:20:02.520 --> 0:20:06.520
<v Speaker 1>to low latency video feeding, low latency video feeds all

0:20:06.520 --> 0:20:10.480
<v Speaker 1>the way down to the device. Um. But today, uh,

0:20:10.520 --> 0:20:14.200
<v Speaker 1>it's harder to do that because the tech stacks are heterogeneous.

0:20:14.240 --> 0:20:17.280
<v Speaker 1>So the more heterogeneous the end in tech stack is,

0:20:17.359 --> 0:20:19.280
<v Speaker 1>the harder it is to do those types of things.

0:20:20.240 --> 0:20:24.320
<v Speaker 1>You've been at Warner Media long time before it was

0:20:24.359 --> 0:20:28.480
<v Speaker 1>called Warner Media, back at the time Warner days Turner. Um,

0:20:28.520 --> 0:20:32.640
<v Speaker 1>I'm the last I think A O L refugee that's still. Yeah,

0:20:32.680 --> 0:20:35.600
<v Speaker 1>there's there's only I know that everyone they wanted only,

0:20:35.680 --> 0:20:37.959
<v Speaker 1>but there's not many of us left. Yeah, I actually

0:20:37.960 --> 0:20:40.800
<v Speaker 1>originally started at A O L. So it's uh, there's

0:20:40.840 --> 0:20:42.480
<v Speaker 1>a few of us hiding out with our A o

0:20:42.640 --> 0:20:46.480
<v Speaker 1>L T shirts on. Well, the thing I was wondering

0:20:46.480 --> 0:20:48.879
<v Speaker 1>about and it's it's actually this question I think becomes

0:20:48.920 --> 0:20:51.600
<v Speaker 1>more interesting by your A o L background as well.

0:20:52.240 --> 0:20:57.679
<v Speaker 1>Is is there something about launching this massive streaming software

0:20:57.720 --> 0:21:03.119
<v Speaker 1>based product within not just a traditional media company, but

0:21:03.240 --> 0:21:05.800
<v Speaker 1>also now that a T and T is in the picture,

0:21:06.359 --> 0:21:10.880
<v Speaker 1>you know, a telco, uh, not a traditional tech company

0:21:10.920 --> 0:21:13.760
<v Speaker 1>like a Google or a Facebook. Is there a cultural

0:21:13.960 --> 0:21:17.080
<v Speaker 1>challenge that comes with taking this on in that kind

0:21:17.080 --> 0:21:21.800
<v Speaker 1>of environment? Um? Yes, in the sense that you know,

0:21:21.840 --> 0:21:25.600
<v Speaker 1>they've been very focused on traditional telco infrastructure, and so

0:21:25.680 --> 0:21:28.080
<v Speaker 1>you know, you're working with telco building systems and other

0:21:28.119 --> 0:21:30.119
<v Speaker 1>types of things that you know aren't things that you

0:21:30.119 --> 0:21:33.359
<v Speaker 1>would normally encounter it an Amazon or at Google. But

0:21:33.480 --> 0:21:36.880
<v Speaker 1>I think that's honestly more than offset by the distribution

0:21:36.920 --> 0:21:40.880
<v Speaker 1>opportunity that we have through bundling with wireless and bundling

0:21:40.920 --> 0:21:43.800
<v Speaker 1>with fiber, and a lot of the infrastructure capabilities that

0:21:43.840 --> 0:21:45.320
<v Speaker 1>a T and T has, you know, I mean they've

0:21:45.359 --> 0:21:47.600
<v Speaker 1>got now it is a hundred and fifty or some

0:21:47.720 --> 0:21:51.400
<v Speaker 1>odd million direct to consumer relationships that we can now

0:21:51.520 --> 0:21:54.960
<v Speaker 1>leverage to distribute HBO Max. And so while there are

0:21:55.080 --> 0:21:58.560
<v Speaker 1>technical challenges in doing bundling with the way that you know,

0:21:58.600 --> 0:22:03.040
<v Speaker 1>wireless accounts are created, did that's a problem were solving? Um?

0:22:03.080 --> 0:22:06.960
<v Speaker 1>Because it's a unique proposition that we have given that

0:22:07.040 --> 0:22:09.840
<v Speaker 1>all that sits in the same company, where we can

0:22:09.840 --> 0:22:12.760
<v Speaker 1>look at how we bundle HBO Max with other owned

0:22:12.800 --> 0:22:16.199
<v Speaker 1>properties across the broader A T and T enterprise. But

0:22:16.359 --> 0:22:21.200
<v Speaker 1>culturally speaking, is there something about product building that is

0:22:21.359 --> 0:22:26.080
<v Speaker 1>uniquely a function of a true tech native culture or

0:22:26.119 --> 0:22:29.120
<v Speaker 1>you know what if media or telco's spend enough time

0:22:29.119 --> 0:22:32.119
<v Speaker 1>and money on it, it's the same thing. Um, I

0:22:32.160 --> 0:22:35.560
<v Speaker 1>would say culturally there are differences, um, you know, because

0:22:35.600 --> 0:22:39.760
<v Speaker 1>there are. You know, it's really the difference within you know,

0:22:39.800 --> 0:22:42.399
<v Speaker 1>say an A T and T between a pure software

0:22:42.440 --> 0:22:47.080
<v Speaker 1>culture and then a networking and infrastructure culture. You know,

0:22:47.280 --> 0:22:50.200
<v Speaker 1>and and it's all tech and it's all important tech,

0:22:50.400 --> 0:22:52.520
<v Speaker 1>and consumers don't get to watch anything if all that

0:22:52.560 --> 0:22:56.080
<v Speaker 1>stuff doesn't work together. But obviously most of of A

0:22:56.200 --> 0:22:58.920
<v Speaker 1>T and T s broader organization, and it's a big one,

0:22:59.160 --> 0:23:02.880
<v Speaker 1>is focused on wireless, you know, last mile fiber delivery,

0:23:03.000 --> 0:23:06.400
<v Speaker 1>UM and networking infrastructure. And they're excellent at doing that,

0:23:06.520 --> 0:23:08.840
<v Speaker 1>and they're better at it than we are. Um. We

0:23:08.920 --> 0:23:11.520
<v Speaker 1>are more of a software based culture. And that's not

0:23:11.560 --> 0:23:13.240
<v Speaker 1>to say there aren't certain parts of A T and

0:23:13.280 --> 0:23:15.960
<v Speaker 1>T that have that, but you know, they don't release

0:23:16.000 --> 0:23:19.119
<v Speaker 1>a lot of apps UM, and so we work with

0:23:19.119 --> 0:23:21.920
<v Speaker 1>with different parts of that organization that have the software

0:23:21.920 --> 0:23:24.800
<v Speaker 1>based culture. That's that's more consistent with the way that

0:23:24.840 --> 0:23:27.680
<v Speaker 1>we've worked in the past, but we're also learning how

0:23:27.720 --> 0:23:30.840
<v Speaker 1>to work with some of the other organizations that exist there.

0:23:31.320 --> 0:23:34.000
<v Speaker 1>And it's worth doing because you know, when you when

0:23:34.040 --> 0:23:37.160
<v Speaker 1>you think about UM, you know, high end video delivery,

0:23:37.920 --> 0:23:39.840
<v Speaker 1>you want to work with the five G people at

0:23:39.880 --> 0:23:42.760
<v Speaker 1>A T and T, you know, you know, so those

0:23:42.880 --> 0:23:45.439
<v Speaker 1>kinds of things, while culturally it's a little bit different.

0:23:45.560 --> 0:23:49.720
<v Speaker 1>You know, a wireless network engineer is not a software engineer.

0:23:50.720 --> 0:23:53.440
<v Speaker 1>That's a that's a marriage that's worth trying to broker

0:23:53.840 --> 0:23:57.320
<v Speaker 1>between the software person and then the network engineer because

0:23:57.400 --> 0:24:00.399
<v Speaker 1>ultimately you can deliver video down to the humor at

0:24:00.480 --> 0:24:02.920
<v Speaker 1>higher quality and lower cost if you get those two

0:24:02.920 --> 0:24:06.400
<v Speaker 1>people talking the same language. I also wanted to drill

0:24:06.400 --> 0:24:08.920
<v Speaker 1>a little more into this notion of A T and

0:24:09.040 --> 0:24:13.080
<v Speaker 1>T s leverage. It's some giant mobile footprint. I feel

0:24:13.080 --> 0:24:17.280
<v Speaker 1>like that gets to the whole underlying rationale for the

0:24:17.359 --> 0:24:20.760
<v Speaker 1>A T and T acquisition of Warner Media. This combination

0:24:21.000 --> 0:24:25.800
<v Speaker 1>of distribution and content could do great things. So for

0:24:25.880 --> 0:24:27.879
<v Speaker 1>if I'm the consumer, if I'm an A T and

0:24:27.920 --> 0:24:33.160
<v Speaker 1>T handset owner, uh am, I going to see things

0:24:33.160 --> 0:24:38.480
<v Speaker 1>with HBO Max that will be uniquely examples of what

0:24:38.520 --> 0:24:41.880
<v Speaker 1>it is to combine these two things. Yeah, I mean,

0:24:41.920 --> 0:24:45.480
<v Speaker 1>certainly they're they're on. There's several answers to that question.

0:24:45.560 --> 0:24:47.600
<v Speaker 1>Certainly on the marketing side. You're going to see that

0:24:47.680 --> 0:24:49.960
<v Speaker 1>in the way that we bundle, you know, HBO Max

0:24:50.000 --> 0:24:52.360
<v Speaker 1>with the different A T and T products, for example.

0:24:52.840 --> 0:24:55.199
<v Speaker 1>But the other things that we're able to start you

0:24:55.240 --> 0:24:57.800
<v Speaker 1>know doing, some of which will be at launch and

0:24:57.840 --> 0:25:00.679
<v Speaker 1>some of which will be later, are tho way of

0:25:00.760 --> 0:25:04.159
<v Speaker 1>folks authenticate into the product. So I mean, if we

0:25:04.240 --> 0:25:07.280
<v Speaker 1>know and already have a directed consumer relationship with you,

0:25:07.880 --> 0:25:10.560
<v Speaker 1>why do you have to sign in twice? Right? You know?

0:25:10.640 --> 0:25:14.200
<v Speaker 1>Why why can't you do things like simcard based authentication.

0:25:14.359 --> 0:25:16.359
<v Speaker 1>Why can't you do things where you enter a certain

0:25:16.400 --> 0:25:18.359
<v Speaker 1>set of credentials into an A T and T phone

0:25:18.400 --> 0:25:21.159
<v Speaker 1>and it automatically authenticates you into HBO Max and do

0:25:21.320 --> 0:25:24.560
<v Speaker 1>various flavors of single sign on. So things like that.

0:25:24.600 --> 0:25:27.479
<v Speaker 1>We are very much investigating as to how we we

0:25:27.880 --> 0:25:33.760
<v Speaker 1>essentially remove the friction between the consumer and the application itself.

0:25:34.320 --> 0:25:36.560
<v Speaker 1>That's not to say that we wouldn't do that with

0:25:36.600 --> 0:25:40.960
<v Speaker 1>other providers. Um, we certainly would, but it's obviously easiest

0:25:41.000 --> 0:25:43.280
<v Speaker 1>to start with ourselves and build some of those sets

0:25:43.280 --> 0:25:46.280
<v Speaker 1>of capabilities so that you know, the the experience that

0:25:46.320 --> 0:25:48.240
<v Speaker 1>a consumer has through an A T and T phone

0:25:48.320 --> 0:25:52.000
<v Speaker 1>is as optimized as it can be. So I'm guessing

0:25:52.000 --> 0:25:56.560
<v Speaker 1>these days, HBO Max, it's taking your time or upwards

0:25:56.560 --> 0:26:00.639
<v Speaker 1>of that. What else does a CTO you at a

0:26:00.680 --> 0:26:04.639
<v Speaker 1>television company in terms of broadcast operations? What other things

0:26:04.640 --> 0:26:07.600
<v Speaker 1>are or maybe not as top of mine as HBO Max,

0:26:07.640 --> 0:26:11.280
<v Speaker 1>but top of mind. Yeah, I'd sort of divided into

0:26:11.280 --> 0:26:14.359
<v Speaker 1>several buckets. So you know, we work very closely on

0:26:14.359 --> 0:26:17.480
<v Speaker 1>on the data and advertising side. So both are you know,

0:26:17.480 --> 0:26:19.840
<v Speaker 1>are digital across all of our digital properties, whether it's

0:26:19.840 --> 0:26:23.160
<v Speaker 1>CNN dot Com or or um you know, March Madness

0:26:23.200 --> 0:26:25.800
<v Speaker 1>or other properties that we serve. So we still have

0:26:25.920 --> 0:26:29.280
<v Speaker 1>to you know, serve that video and enable advertising in

0:26:29.320 --> 0:26:31.560
<v Speaker 1>it and work with Zander and and the other parts

0:26:31.600 --> 0:26:33.439
<v Speaker 1>of A T and T to leverage the data that

0:26:33.480 --> 0:26:36.960
<v Speaker 1>they have to create audience segments that help us target

0:26:36.960 --> 0:26:39.840
<v Speaker 1>advertising and target content to consumers. So we spend a

0:26:39.840 --> 0:26:43.600
<v Speaker 1>lot of time working on that we've recently actually deployed

0:26:43.880 --> 0:26:45.720
<v Speaker 1>you know what I think is the largest I P

0:26:45.880 --> 0:26:50.040
<v Speaker 1>broadcast facility certainly in the country. UM. And so all

0:26:50.080 --> 0:26:53.600
<v Speaker 1>of our networks, inclusive of HBO and CNN and our

0:26:53.720 --> 0:26:58.400
<v Speaker 1>entertainment properties run under an IP broadcast UM model at

0:26:58.400 --> 0:27:02.840
<v Speaker 1>this point. So I ronically need no JS developers on

0:27:03.040 --> 0:27:05.679
<v Speaker 1>HBO Max and I need them in our broadcast world

0:27:06.320 --> 0:27:09.879
<v Speaker 1>because that's formally transitioned. And then obviously we have the

0:27:09.920 --> 0:27:13.280
<v Speaker 1>election coming up, so I spend a lot of time

0:27:13.359 --> 0:27:16.600
<v Speaker 1>on on CNN and and you know, whether it's the

0:27:16.600 --> 0:27:20.240
<v Speaker 1>primaries or it's the debates or all those things. You know,

0:27:20.320 --> 0:27:23.679
<v Speaker 1>we provide the technical infrastructure that sits across all of

0:27:23.720 --> 0:27:26.440
<v Speaker 1>that UM as well as CNN Digital and those other

0:27:26.560 --> 0:27:30.439
<v Speaker 1>and those other digital properties. So it's, UM, it is

0:27:30.480 --> 0:27:33.720
<v Speaker 1>a very busy time between HBO Max and the election.

0:27:33.760 --> 0:27:36.800
<v Speaker 1>I don't know how you're gonna sleep in, but yeah,

0:27:37.040 --> 0:27:40.040
<v Speaker 1>it's UM. I mean that's the fun part, you know.

0:27:40.160 --> 0:27:43.080
<v Speaker 1>I mean it's it's a lot of pressure. UM. But

0:27:43.160 --> 0:27:45.720
<v Speaker 1>you know, that's kind of the stuff you remember when

0:27:45.720 --> 0:27:47.520
<v Speaker 1>you you know, if you look back on your career,

0:27:47.560 --> 0:27:50.119
<v Speaker 1>you remember those moments, UM and and how well you

0:27:50.160 --> 0:27:53.000
<v Speaker 1>did or you didn't do in those moments, So enjoy that.

0:27:53.080 --> 0:27:55.159
<v Speaker 1>And I have a great team that that assists this.

0:27:55.480 --> 0:27:57.600
<v Speaker 1>It is, but it is hardly me that's doing all this,

0:27:57.720 --> 0:28:00.440
<v Speaker 1>that's for sure. Well, speaking of that team, is it

0:28:00.560 --> 0:28:03.560
<v Speaker 1>a team that I assume has been beefed up considerably

0:28:03.680 --> 0:28:07.360
<v Speaker 1>as all these new challenges come to your on your plate. Yeah,

0:28:07.480 --> 0:28:10.040
<v Speaker 1>we're we're you know, certainly the HBO Max team has

0:28:10.040 --> 0:28:13.560
<v Speaker 1>expanded significantly, you know, since we really made that commitment,

0:28:13.680 --> 0:28:15.800
<v Speaker 1>and then we've done a variety of things in terms

0:28:15.800 --> 0:28:21.080
<v Speaker 1>of combining technology organizations, primarily between Turner and HBO UM

0:28:21.119 --> 0:28:24.000
<v Speaker 1>to really give us more scale and specific areas. And

0:28:24.000 --> 0:28:26.719
<v Speaker 1>then we recently did this on a global basis, so

0:28:26.800 --> 0:28:31.119
<v Speaker 1>it's both domestic and international UM and uh, you know,

0:28:31.160 --> 0:28:35.040
<v Speaker 1>those organizations support all of the aforementioned brands and properties

0:28:35.240 --> 0:28:38.640
<v Speaker 1>UM and so in some cases we've cut back because

0:28:38.680 --> 0:28:41.400
<v Speaker 1>those businesses no longer warrant, you know, the levels of

0:28:41.440 --> 0:28:45.640
<v Speaker 1>attention that they've had historically. But it's essentially a capital

0:28:45.680 --> 0:28:50.360
<v Speaker 1>redeployment exercise. It's not a let's cut for for cutting sake.

0:28:50.440 --> 0:28:52.760
<v Speaker 1>It's you know, these are the places the companies decided

0:28:52.800 --> 0:28:56.040
<v Speaker 1>to invest, and so whether it's you know CNND Digital,

0:28:56.160 --> 0:28:59.080
<v Speaker 1>or its sports, or it's you know, data and advertising, HBO,

0:28:59.120 --> 0:29:01.840
<v Speaker 1>max As or you know, probably the four biggest pillars

0:29:01.880 --> 0:29:04.920
<v Speaker 1>associated with our growth. And and so we're we are

0:29:04.960 --> 0:29:07.040
<v Speaker 1>open for business and have a lot of open roles.

0:29:07.360 --> 0:29:10.400
<v Speaker 1>Uh that so any engineers that are out there paying

0:29:10.400 --> 0:29:13.800
<v Speaker 1>me on LinkedIn, I mean imagine it's probably quite a

0:29:13.960 --> 0:29:16.200
<v Speaker 1>race out there between you and other companies in terms

0:29:16.200 --> 0:29:19.760
<v Speaker 1>of getting the best engineering talent. You feel that, oh, absolutely,

0:29:19.760 --> 0:29:21.920
<v Speaker 1>I mean it it. Uh, there's there's a race for

0:29:21.960 --> 0:29:26.560
<v Speaker 1>tech talent. And you know, I I like our position here. Um,

0:29:26.600 --> 0:29:28.960
<v Speaker 1>we have a lot of geographic diversity. You know, we

0:29:29.080 --> 0:29:32.000
<v Speaker 1>have a significant presence here in l A. We have

0:29:32.080 --> 0:29:34.600
<v Speaker 1>a huge presence in Seattle and New York as well

0:29:34.600 --> 0:29:38.720
<v Speaker 1>as in Atlanta domestically, and then we have international locations

0:29:38.760 --> 0:29:43.080
<v Speaker 1>from London to Amsterdam, duennas areas. So it's, um, there's

0:29:43.080 --> 0:29:44.920
<v Speaker 1>a lot of opportunities and a lot of different parts

0:29:44.960 --> 0:29:47.880
<v Speaker 1>of the globe. And you know, we were you know,

0:29:48.040 --> 0:29:51.320
<v Speaker 1>there's a sort of essentially call it the race to

0:29:51.360 --> 0:29:54.880
<v Speaker 1>the middle. You know, we've got we've got media companies

0:29:54.960 --> 0:29:57.160
<v Speaker 1>that have been great at content for a long time

0:29:57.240 --> 0:29:59.280
<v Speaker 1>that are now trying to get great at tech, and

0:29:59.320 --> 0:30:01.200
<v Speaker 1>you've got a lot of tech companies that have been

0:30:01.200 --> 0:30:02.880
<v Speaker 1>great at tech for a long time, and they're trying

0:30:02.880 --> 0:30:05.000
<v Speaker 1>to get great at media. And we're all kind of

0:30:05.080 --> 0:30:07.480
<v Speaker 1>racing to the same place, but on two different paths,

0:30:08.360 --> 0:30:11.080
<v Speaker 1>and we're all now competing for the same group of

0:30:11.120 --> 0:30:14.360
<v Speaker 1>tech talent. And so, you know, the way we recruit UM,

0:30:14.720 --> 0:30:17.440
<v Speaker 1>we're recruiting the same groups of people, but our pitches

0:30:17.480 --> 0:30:20.560
<v Speaker 1>are a bit different, you know. UM. You know, one

0:30:20.560 --> 0:30:23.480
<v Speaker 1>of the best recruiting tools that we have beyond obviously

0:30:23.520 --> 0:30:26.360
<v Speaker 1>you know, paying competitively and those types of things, is

0:30:26.920 --> 0:30:30.120
<v Speaker 1>you walk someone around the studios at HBO or CNN

0:30:30.280 --> 0:30:33.320
<v Speaker 1>or Warner Brothers and say, hey, you know, would you

0:30:33.360 --> 0:30:35.600
<v Speaker 1>like to come here and work on this stuff? And

0:30:36.600 --> 0:30:39.600
<v Speaker 1>you know, we usually get those people. So it's there's

0:30:39.600 --> 0:30:43.160
<v Speaker 1>a compelling value proposition between you know, really being in

0:30:43.160 --> 0:30:47.520
<v Speaker 1>a scaled content company and then a technology arm of

0:30:47.560 --> 0:30:50.960
<v Speaker 1>a content company that's in investment mode. And you know,

0:30:51.000 --> 0:30:53.160
<v Speaker 1>so we've had a lot of success, you know, pulling

0:30:53.800 --> 0:30:57.440
<v Speaker 1>folks from some of the traditional technology companies UM and

0:30:57.520 --> 0:31:01.240
<v Speaker 1>historically they've pulled folks from US and UM. I like

0:31:01.400 --> 0:31:04.720
<v Speaker 1>the trends well My guess is you're gonna be doing

0:31:04.720 --> 0:31:08.080
<v Speaker 1>a lot on the hiring front this coming year. Looking

0:31:08.080 --> 0:31:09.960
<v Speaker 1>forward to seeing HBO Max come out of the gate

0:31:10.000 --> 0:31:13.120
<v Speaker 1>in t Thanks for coming in to talk to me today. Yeah,

0:31:13.120 --> 0:31:15.320
<v Speaker 1>it was great. I appreciate it, so thanks for having me.

0:31:18.200 --> 0:31:21.400
<v Speaker 1>This has been another episode of Strictly Business. Tune in

0:31:21.480 --> 0:31:25.000
<v Speaker 1>next week for another helping of scintillating conversation with media

0:31:25.080 --> 0:31:28.000
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0:31:28.040 --> 0:31:32.120
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0:31:32.160 --> 0:31:34.320
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