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The Wall Street Journal: WarnerMedia’s Greenblatt preaches consolidation, says rivals ‘are eating our lunch’

Robert Greenblatt, the new chief content officer of AT&T Inc.’s T, -0.47% recently restructured WarnerMedia entertainment division, told staffers Wednesday that creating a direct-to-consumer streaming service would require closer coordination between the company’s entertainment units, saying its large competitors were “eating our lunch.”

Greenblatt, whose appointment was announced earlier this week, joined several other top executives in addressing employees at a town hall in the Time Warner Center in New York, according to people who attended.

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He lauded the power of HBO’s brand and Turner assets that include TNT and TBS.

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