AT&T's CEO John Stankey told investors yesterday what the rest of us have known for quite a while: Tenet was a misfire.
“I can’t tell you that we walked away from the Tenet experience saying it was a home run. I’m happy we did it. I think the team was incredibly creative. I think we learned a few things about what we can do."
He called the holiday season the next big checkmark on theatrical exhibition and distribution, but still does not feel optimistic that 2021 will see major recovery, calling it an "incredibly chopping year" where all options will be explored.
Meanwhile, two LA-adjacent counties just went back into the red zone and will have to close up shop again for three weeks starting tomorrow. The country overall saw 62,751 cases yesterday, a 32% increase from two weeks ago.