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This week, the AT&T/Time Warner era will officially come to a close. As Discovery combines with Warner Bros., it will mark an end to one of the most disastrous mergers in media history, perhaps ...
AT&T on Thursday reported solid results for its final quarter of full ownership of WarnerMedia, but its stock plunged after the company lowered its outlook for full-year free cash flow. Excluding ...
WarnerMedia CEO Jason Kilar shook up the top ranks at the AT&T-owned media company today, consolidating all film, TV and streaming content under Warner Bros.' Ann Sarnoff. The sweeping ...
The proposed deal would give AT&T significant holdings in the media industry. AT&T's competitor Comcast had previously acquired NBCUniversal in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers. [85] [86] [8] On October 22, 2016, AT&T reached a deal to buy Time Warner for $85.4 billion.
AT&T CEO John Stankey positioned the proposed merger of WarnerMedia and Discovery as letting the companies — and their investors — better tap into the global direct-to-consumer opportunity, by ...
The entertainment outfit has seen multiple staff reductions since the acquisition of Time Warner closed in 2018. WarnerMedia Starts New Wave Of Layoffs, As CEO Jason Kilar Calls Process “Painful ...
(Reuters) -Warner Bros Discovery on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a ...
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