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AT&T’s beaten-down stock has risen 4% today to reach a three-month high on strong subscriber numbers and auspicious signs for the pending WarnerMedia-Discovery deal.

A mammoth SEC filing by Discovery today offers some tidbits on its upcoming merger with WarnerMedia – like the new Nasdaq stock symbol, WBD – and pages detailing back-and- forth calls between David Zaslav and AT&T CEO John Stankey starting in February when the Discovery boss first reached out.

AT&T CEO John Stankey said the approval process for a deal to shed WarnerMedia and merge it with Discovery “is consistent with what we would have expected as we walked into it.”

Yahoo Finance. AT&T reported adjusted EPS of 87 cents on $39.9 billion in revenue.HBO and HBO Max combined for 45.2 million domestic subs and 69.4 million global subs at the end of Q3.

Todd Spangler NY Digital EditorAT&T CEO John Stankey said the decision to spin off WarnerMedia — and merge it with Discovery — came down to his belief that investors have undervalued the media division under the telco’s ownership.About WarnerMedia, he said, “It’s trading right now like a cable network asset,” speaking Tuesday at the Goldman Sachs Communacopia Conference.

AT&T CEO John Stankey said the company is working closely with regulators on the WarnerMedia-Discovery deal announced in late May and so far hasn’t seen anything “that’s been particularly problematic” in the review process.

Brent Lang Executive Editor of Film and MediaFresh off of upending the media landscape with their deal to combine WarnerMedia and Discovery, Discovery chief David Zaslav and AT&T head John Stankey will touch down in Sun Valley, Idaho, in July for Allen & Co.’s annual media conference.They will be joined at the annual confab of power brokers and media barons by Amazon founder Jeff Bezos, fresh off his $8.5 billion deal to purchase Metro-Goldwyn-Mayer, and will hit the resort at a time when most

negotiating his exit, and had hired a legal team, after only a year leading the company. Kilar did not know about the merger until a few days before it was announced.

Todd Spangler NY Digital EditorAT&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 separating the media assets from the telco.“I think, realistically, HBO Max would not be where it is today without the combined strength” of WarnerMedia and AT&T, said Stankey, speaking Monday at the J.P.

AT&T CEO John Stankey and CFO Pascal Desroches held a 45-minute WebX town hall for WarnerMedia employees this morning, offering additional information about the entertainment unit’s upcoming merger with Discovery.

Brent Lang Executive Editor of Film and MediaAT&T chief John Stankey and Chief Financial Officer Pascal Desroches were asked tough questions about the implications of the pending merger of WarnerMedia and Discovery during an all-hands meeting of studio employees on Tuesday.Stankey tried to placate worried staffers by assuring them that he was going to advocate on their behalf and also urged them to “stay the course” during the months it will take for the deal to close.

Cynthia Littleton Business EditorThe first swing in the talks that led to the union of Discovery and WarnerMedia was an email sent by David Zaslav to John Stankey on Feb. 13.That was around the time that the Discovery CEO and his AT&T counterpart had planned to meet for a golf date at the storied Pebble Beach Pro-Am golf tournament in central California that is sponsored by the telecom giant, as they did last year.

Makan Delrahim, who as the Justice Department’s antitrust chief during Donald Trump’s administration challenged AT&T’s combination with Time Warner, has a different view of the planned spinoff of WarnerMedia.

Brent Lang Executive Editor of Film and MediaIn the wake of a mega-deal with Discovery that seems primed to shake up the media landscape, AT&T chief John Stankey and WarnerMedia CEO Jason Kilar urged employees to stay focused on their jobs while they wait for the pact to close.“During this period, our direction and mission remain the same,” Stankey wrote in a staff-wide memo obtained by Variety.

On Friday, people left work, came home and sat down with their friends and/or family, and watched something on TV. But John Stankey, the CEO of AT&T, and David Zaslav, the Discovery CEO, were holed up in the latter’s house hammering out a multi-billion dollar deal that would forever change the face of Hollywood.

Discovery combine into a single media juggernaut was hatched during a series of meetings and calls in the Greenwich Village townhouse of Discovery chief David Zaslav.But it might never have come about were it not for Zaslav and AT&T chief John Stankey’s shared passion for golf. The two men were commiserating via text message about how, due to COVID restrictions, they weren’t going to be able to see each other in person at last winter’s AT&T Pebble Beach Pro-Am.

For AT&T CEO John Stankey, it’s just another case of a “rising tide lifting all boats.”

Despite AT&T CEO John Stankey’s victory lap today about WarnerMedia’s theatrical and HBO Max release strategy this morning with Godzilla vs. Kong, the studio’s R-rated title, Mortal Kombat, is facing a serious threat at the weekend box office from a traditional theatrical release and rival Asian IP, Funimation’s Demon Slayer -Kimetsu no Yaiba- The Movie: Mugen Train. 

Cynthia Littleton Business EditorAn epic battle between two movie icons has helped provide proof of concept for AT&T’s larger strategy for WarnerMedia.AT&T chief John Stankey, speaking Thursday during the company’s first quarter earnings call with Wall Street analysts, pointed to the performance of Warner Bros.’ “Godzilla vs.

AT&T CEO John Stankey took a Godzilla vs. Kong victory lap Thursday as the film managed to storm the domestic box office and provide a solid boost for HBO Max.

Influential proxy advisor Institutional Shareholder Services (ISS) is recommending stockholders vote against AT&T’s executive compensation plan at its April 20 annual meeting after the company granted WarnerMedia CEO Jason Kilar a stock award valued at $48 million.

WarnerMedia CEO Jason Kilar earned $52.1 million in 2020 after being appointed during the year, beginning with the firm on May 1.Kilar earned a base salary of $1.66 million, and added $49.2 million in stock awards to his overall pay. AT&T CEO John Stankey made $21 million in 2020, down slightly from $22.5 million in 2019, the telecom giant has disclosed in a regulatory filing.

Telecom giant AT&T, led by CEO John Stankey, has struck a deal to sell a minority stake in its satellite TV unit DirecTV, AT&T TV and its U-Verse business to private equity firm TPG. The companies will form a new venture, to be called DirecTV, that will own and operate the pay video services.

After two months of fielding criticism from some of Hollywood’s top filmmakers, WarnerMedia executives finally had something to crow about when AT&T CEO John Stankey revealed Jan. 27 that the much-maligned plan to release its films in theaters and on HBO Max had helped to double the streamer’s audience to 17.2 million active users.

Wonder Woman 1984 achieved some big things!

AT&T Inc. CEO John Stankey has defended moves by the telco and media giant to shift its legacy theatrical business towards the streaming space with HBO Max amid the pandemic.

John Stankey, chief executive of WarnerMedia parent AT&T, compared current production challenges to a “battle” as the studio struggles to wade through shutdowns.

Despite the industry dust-up over WarnerMedia’s controversial 2021 theatrical-HBO Max release strategy, according to AT&T CEO John Stankey, the move was “the right call,” essentially “using the unfortunate set of circumstances around the pandemic for an opportunity to make lemonade out of lemons.”

One of the biggest stories of last year, perhaps even the biggest story when it comes to the long-term effect on the film industry, is the move by WarnerMedia to shift its 2021 WB film slate to HBO Max. It’s a move that raised a lot of eyebrows and caused a lot of frustration with those in the industry.