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AT&T is planning changes to make HBO more like Netflix

HBO sign
Photo: Jaap Arriens/NurPhoto via Getty Images

HBO was the prize horse in the stable of media properties AT&T acquired in its recent purchase of Time Warner. Now, according to audio leaked to the New York Times, AT&T wants its thoroughbred to run faster and harder, all in the name of making even more money.

Why it matters: For all the wrangling over the government's antitrust suit that tried to block the AT&T/Time Warner merger, it's still a big open question whether a buttoned-up telecom company can take the reins of a legendary content producer like HBO without squandering its cultural cachet.