Today's Hispanic Heritage Month spotlight goes to Max and Discovery+ Executive Director of DTC Financial Solutions Michael Perez! Below, Michael touches on being a part of HBO's first foray into streaming, the importance of progress, and interweaving his heritage into his everyday life.

Q: What is your role at WBD?

A: In the dynamic world of entertainment and business, our success hinges on our ability to harness and interpret data effectively. As Executive Director of DTC Financial Solutions supporting Max and D+, I serve as a key driver in shaping the organization’s strategy for maintaining data integrity and efficiencies within financial accounting processes, aligning closely with business objectives and long-term goals. My team manages the end-to-end process, which includes identifying incorrectly billed customers, improving the customer experience, and streamlining operational efficiencies, as well as focusing on order-to-cash, Sarbanes-Oxley compliance and expediting product testing for swift market entry.

Q: What’s one of your favorite initiatives you’ve worked on at WBD?

A: In 2015, HBO ventured into the OTT streaming landscape with the launch of HBO NOW. (HBO NOW has since evolved and was integrated into the broader streaming platform HBO Max in 2020, and most recently into Max in 2023.) HBO NOW was more than just a new streaming platform; it represented a departure from traditional cable television and a bold leap into the digital era. I found myself at the forefront of this transformation, taking on multifaceted responsibilities that encompassed the operation, accounting, and forecasting of HBO NOW for both Direct-to-Consumer and In-App Purchase partners including Amazon, Apple, Google, Roku and Samsung, while overseeing the existing HBO Home Entertainment’s day-to-day operations.

The journey was not without its fair share of challenges. One of the initial hurdles was the need to create comprehensive reporting tools to measure the viability of the business, put processes in place, build financial models, and identify SOX controls. I embarked on this formidable task, but I didn’t do it alone. I had the privilege of assembling a dedicated team that was instrumental in the project’s success. Together, we worked to develop critical reporting tools, including weekly key performance indicators that continue to guide the business, monthly financial close packages, and forecast and budget models.

As we celebrate Hispanic Heritage Month and the achievements of diverse individuals at WBD, let us remember that it is the collaborative spirit, dedication, and innovative thinking of individuals that continue to shape our company’s success. These achievements are seldom solitary endeavors. I acknowledge that the achievements on the HBO NOW launch project were made possible by the unwavering commitment, countless hours, and exemplary teamwork of my staff. I have the utmost gratitude to individuals like Jack Hareza, Howard Khuu, Alina Gulfraz, Melanie Varillas, Misha Krichever, Adriana Suarez and Regine Ceant, who managed Home Entertainment operations and accounting while I focused on shaping HBO NOW.

Q: What feeds your soul outside of work?

A: It’s a blend of the profound values instilled in me by my Hispanic heritage, the blessings of God, the warmth of family, the physical and mental nourishment from working out and meditation, and the intellectual enrichment from reading books on a variety of topics, including entrepreneurship, mindfulness, and self-motivation, among others.

To give you a glimpse into my life, I’m a proud Hispanic man of Ecuadorian descent, and I’m fortunate to be married to a beautiful wife from Puerto Rico. When I think of the words “Hispanic” or “Latino,” a flood of meaningful associations comes to mind. It’s about family, the joy of dancing, vibrant celebrations, and an unwavering connection to God.

God and family form the bedrock of my existence. In our Hispanic culture, we hold dear the values of strong family bonds, unity, happiness, love, loyalty, and compassion. These values are not just words; they are the principles I live by each day.

In addition to these profound beliefs, I am a father to two incredible boys, Jared and Michael, aged 16 and 19. With Jared, I share moments playing video games, hitting the gym, and passionately watching basketball, whether it’s on TV or at Madison Square Garden, where we cheer for our beloved New York Knicks. On the other hand, Michael and I bond through long drives to basketball tournaments across states, supporting him during training and practice sessions, and enthusiastically watching him shine in Division III basketball.

My gratitude extends to my wife, who is a strong Hispanic woman, an influential mother to our kids, and the unyielding anchor of our family. Her support and resilience are the pillars that hold us together.

These are the facets of my life that nourish my soul, infusing it with purpose, joy, and fulfillment each and every day.

Q: Do you have any special traditions that celebrate your heritage?

A: In my household, Thanksgiving and Christmas are not just occasions to mark on the calendar; they are moments for family and friends to come together in celebration of life and gratitude. Around the dinner table, the essence of our Hispanic heritage comes alive. Specific dishes like pernil, arroz con gandules, tres leches cake, and Coquito take center stage. These culinary delights are more than just food; they are a taste of tradition and a connection to our roots. These gatherings are filled with happiness, with laughter and lively music setting the tone for the evening. It’s a moment when loved ones unite to chat, exchange tales, and craft lasting memories.

I leave you with this quote: “The most valuable possession you can own is an open heart. The most powerful weapon you can be is an instrument of peace.” – Carlos Santana