John T. Stankey (born 1962) is an American businessman who is the current CEO of WarnerMedia, as well as the President and COO of AT&T. Stankey led AT&T's acquisition of DirecTV and Time Warner (now WarnerMedia)
Stankey was raised in Los Angeles, the youngest of three children. His father was an insurance underwriter and his mother a housewife. In the 1980s, he graduated with a B.A. in finance from Loyola Marymount University. In 1985, he took an entry-level position with Pacific Bell. In 1991, he earned an M.B.A. from UCLA.
Two formerly separate companies, Warner Communications, Inc. and Time Inc. (along with the assets of a third company, Turner Broadcasting System, Inc.), form the current Time Warner, with major operations in film,television, and publishing. Among its subsidiaries are New Line Cinema, Time Inc., HBO, Turner Broadcasting System, The CW Television Network, TheWB.com, Warner Bros., Kids' WB, Cartoon Network, Boomerang, Adult Swim, CNN, DC Comics, Warner Bros. Animation, Cartoon Network Studios, Hanna-Barbera, and Castle Rock Entertainment.
Time Warner previously owned AOL, Time Warner Cable, and Warner Music Group, but has spun them off into independent companies. On March 6, 2013, Time Warner announced that Time Inc. would be spun off as well in June 6, 2014. The company's cable news channel, CNN, initially reported that the spinoff would happen at the end of 2013. However, the reported timeline has shifted multiple times. and current reports are forecasting the third or fourth quarter of 2014.