HBO boss quits as owner AT&T seeks more shows and more profit

Enlarge / HBO CEO Richard Plepler at the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. (credit: Getty Images | Drew Angerer)
HBO CEO Richard Plepler announced his resignation yesterday, less than a year after AT&T completed its acquisition of HBO and the rest of Time Warner Inc.
In a company-wide memo available in this Hollywood Reporter story, Plepler told employees that he made the 'difficult decision' to leave at 'an inflection point in the life of this wonderful company.'
Plepler worked at HBO for nearly 28 years, serving as chairman and CEO since 2013 and as co-president from 2007 to 2013. He struck a positive tone in his memo. 'Thanks to all of you, we are today churning on all cylinders both creatively and as a business,' he wrote. 'Thanks to all of you, I can move on to the next chapter of my life knowing that the best team in the industry remains here to carry on our continued progress and success.'
Read 8 remaining paragraphs | Comments