AT&T Showbiz and Celebrity Breaking News

AT&T CEO Throws Shade at Netflix Price Hike, Predicts HBO Max Will Recoup Amazon Losses - variety.com
variety.com
26.01.2022

AT&T CEO Throws Shade at Netflix Price Hike, Predicts HBO Max Will Recoup Amazon Losses

Jennifer Maas TV Business WriterAT&T CEO John Stankey told investors he expects HBO Max to recoup all of the subscribers lost last fall after WarnerMedia pulled HBO from the Amazon Prime Video Channels marketplace in September amid ongoing agita in the TV industry about the fees Amazon takes for facilitating sales of subscription TV services.During AT&T’s hourlong fourth-quarter earnings call with investors on Wednesday, Stankey also noted that market conditions have spurred price hikes by HBO Max rivals, which means that HBO Max is not the most expensive of the major domestic players at present. Stankey didn’t mention Netflix by name, but the inference was clear.Last October, AT&T reported that HBO and HBO Max lost about 1.8 million subscribers in the third quarter after the disengagement from Amazon in the previous month.

AT&T CEO Says Pulling HBO Off Amazon Will Look Even Smarter After WarnerMedia-Discovery Merger - thewrap.com
thewrap.com
26.01.2022

AT&T CEO Says Pulling HBO Off Amazon Will Look Even Smarter After WarnerMedia-Discovery Merger

pull HBO from Amazon Prime Video Channels. On a Wednesday morning conference call timed to the (mostly) mobile company’s fourth-quarter and full-year 2021 earnings results, Stankey said the move will look even smarter after WarnerMedia spins off from AT&T and into a new company with Discovery, Inc.“We felt it was the right decision.

AT&T Beats on Q4 Earnings, WarnerMedia Revenue Up 15% as Discovery Merger Expected to Close by Mid-March - variety.com
variety.com
26.01.2022

AT&T Beats on Q4 Earnings, WarnerMedia Revenue Up 15% as Discovery Merger Expected to Close by Mid-March

Todd Spangler NY Digital EditorAT&T topped Wall Street estimates for the fourth quarter of 2021, with WarnerMedia revenue driving top-line results helped by strong growth of HBO Max.The company also announced that the it expects the WarnerMedia spinoff and merger with Discovery to close by mid-March 2022. AT&T said it plans to host a virtual analyst event in the first half of March, following the close of the WarnerMedia transaction.WarnerMedia total revenues grew 15.4% to $9.9 billion, driven by content licensing revenues and strong direct-to-consumer subscription growth, AT&T said.

AT&T Earnings: WarnerMedia Revenue Was Just Shy of $10 Billion in Q4 - thewrap.com
thewrap.com
26.01.2022

AT&T Earnings: WarnerMedia Revenue Was Just Shy of $10 Billion in Q4

Yahoo Finance. On Wednesday, AT&T reported adjusted EPS of 78 cents on $41 billion in revenue.“A year and a half ago, we began simplifying our business to reposition AT&T for growth and we’re extremely pleased with how we’ve executed on that commitment,” said John Stankey, AT&T CEO.

Zac Efron Wears Fisherman Disguise for New AT&T Commercial - Watch Now! - www.justjared.com
justjared.com
25.01.2022

Zac Efron Wears Fisherman Disguise for New AT&T Commercial - Watch Now!

Zac Efron has parterned up with AT&T and he’s starring in a new commercial for the company!

Lizzo, Big Sean, H.E.R. and More Set to Headline iHeartRadio's Living Black! Empowered by AT&T Celebration - www.etonline.com - Los Angeles
etonline.com
24.01.2022

Lizzo, Big Sean, H.E.R. and More Set to Headline iHeartRadio's Living Black! Empowered by AT&T Celebration

Black History Month with their 2nd annual Living Black! Empowered by AT&T celebrations. The month-long celebration is set to include a special event that will feature performances by Big Sean, H.E.R., Moneybagg Yo and Ari Lennox.

Adam Conover Blames AT&T-Time Warner Merger for Cancellation of ‘Adam Ruins Everything’ (Video) - thewrap.com
thewrap.com
19.01.2022

Adam Conover Blames AT&T-Time Warner Merger for Cancellation of ‘Adam Ruins Everything’ (Video)

out of John Oliver’s book and blamed parent company AT&T.“We were a hit for that network. We were the second biggest show that network had, depending how you crunch the numbers,” Conover said on Tuesday in a TikTok video.

AT&T Stock Rises Amid Positive Signs For WarnerMedia-Discovery Deal Review, Strong Streaming And Wireless Growth - deadline.com - Eu
deadline.com
05.01.2022

AT&T Stock Rises Amid Positive Signs For WarnerMedia-Discovery Deal Review, Strong Streaming And Wireless Growth

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.

Media M&A Should Be Fun In 2022 After Banner Year Driven By Content Boom And AT&T Reversing Course - deadline.com
deadline.com
29.12.2021

Media M&A Should Be Fun In 2022 After Banner Year Driven By Content Boom And AT&T Reversing Course

A surge in demand for content, big companies shedding non-core assets and consolidation in digital media led to a massive rebound in entertainment M&A in 2021, ushered in by two landmark combinations in April and ending with an drumbeat of deals in December.

SAG-AFTRA Sues AT&T Over ‘Millions’ in Compensation From ‘Mr Mercedes’ - thewrap.com
thewrap.com
24.12.2021

SAG-AFTRA Sues AT&T Over ‘Millions’ in Compensation From ‘Mr Mercedes’

television series Mr. Mercedes (the “Series”).”The union is bringing forth the complaint “to ensure that AT&T does not gain by its callous gamesmanship, through compelling completion of the arbitration or, in the alternative, obtaining payment of the outstanding Residuals due to the Performers.”“Mr.

SAG-AFTRA Sues AT&T In $5 Million Dispute Over ‘Mr. Mercedes’ Residuals - deadline.com
deadline.com
24.12.2021

SAG-AFTRA Sues AT&T In $5 Million Dispute Over ‘Mr. Mercedes’ Residuals

Accusing AT&T of “callous gamesmanship,” SAG-AFTRA has filed suit against the giant media and telecommunications conglomerate in a dispute over nearly $5 million in residuals and other compensation allegedly owed to actors who appeared on Mr. Mercedes, the TV series based on the Stephen King novel that starred Brendan Gleeson and Harry Treadaway.

AT&T to Sell Xandr Ad Unit to Microsoft - variety.com
variety.com
21.12.2021

AT&T to Sell Xandr Ad Unit to Microsoft

Todd Spangler NY Digital EditorAT&T will sell Xandr, its programmatic advertising marketplace, to Microsoft, the telco announced.Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including regulatory reviews.

AT&T Sells Xandr Digital Advertising Platform To Microsoft - deadline.com
deadline.com
21.12.2021

AT&T Sells Xandr Digital Advertising Platform To Microsoft

AT&T Tuesday said it’s agreed to sell its global programmatic advertising marketplace, Xandr Microsoft. 

AT&T CEO Dismisses Democrats’ Antitrust Concerns About WarnerMedia-Discovery Merger as ‘Unfounded’ - variety.com
variety.com
06.12.2021

AT&T CEO Dismisses Democrats’ Antitrust Concerns About WarnerMedia-Discovery Merger as ‘Unfounded’

Todd Spangler NY Digital EditorJohn Stankey, CEO of AT&T, said an effort by Democratic leaders in Congress to characterize the proposed merger of WarnerMedia and Discovery as an anticompetitive threat to the media industry was “unfounded.”“What is articulated in those letters is really unfounded,” said Stankey, speaking Monday at UBS’s Global TMT Conference, referring to a communication from several Democratic senators and representatives to the Justice Department urging scrutiny of the

AT&T, American Black Film Festival Celebrate Collaboration - variety.com - USA
variety.com
03.12.2021

AT&T, American Black Film Festival Celebrate Collaboration

R.F. Terry AT&T’s integrated media platform, Dream in Black, launched in 2018 at the American Black Film Festival (ABFF).

Jeff Bewkes Says AT&T Went to ‘Such a Level of Malpractice’ in Operating HBO - thewrap.com - county Story
thewrap.com
15.11.2021

Jeff Bewkes Says AT&T Went to ‘Such a Level of Malpractice’ in Operating HBO

$85.4 billion mega-deal, one that is about to be unraveled by the pending Discovery-WarnerMedia merger, Bewkes told author James Andrew Miller.In “Tinderbox: HBO’s Ruthless Pursuit of New Frontiers,” Bewkes says he was assured that following their 2018 merger, AT&T brass “would basically leave our people alone.”That did not happen, he said, according to a Wall Street Journal story on the book, which is not yet available.“We didn’t think they would go to such a level of malpractice as to not

AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale - deadline.com
deadline.com
21.10.2021

AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale

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.”

AT&T Tops Q3 Earnings Forecasts as WarnerMedia Recovers From Pandemic - thewrap.com
thewrap.com
21.10.2021

AT&T Tops Q3 Earnings Forecasts as WarnerMedia Recovers From Pandemic

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.

AT&T Tops Wall Street Estimates Despite Expected HBO Max Hit From Amazon Shift; Subscriptions Fall To 45.2M In U.S. But Hit 69M Globally - deadline.com
deadline.com
21.10.2021

AT&T Tops Wall Street Estimates Despite Expected HBO Max Hit From Amazon Shift; Subscriptions Fall To 45.2M In U.S. But Hit 69M Globally

AT&T’s third-quarter results topped Wall Street estimates despite an expected loss of HBO Max subscribers in the U.S. due to a shift away from Amazon Channels.

John Oliver Rips HBO ‘Business Daddy’ AT&T Over OAN Funding: ‘You Make the World Worse’ (Video) - thewrap.com
thewrap.com
11.10.2021

John Oliver Rips HBO ‘Business Daddy’ AT&T Over OAN Funding: ‘You Make the World Worse’ (Video)

his criticisms of AT&T this week -- his HBO show's own parent company -- after the recent report that the far-right One America News Network is primarily funded by the telecom giant. On Wednesday, Reuters reporters that OANN — which routinely broadcasts conspiracy theories about COVID-19 and the 2020 election to its conservative audience — was actually an idea from AT&T executives, who, according to testimony reviewed by Reuters, asked now-CEO Robert Herring Sr.

Pro-Trump News Outlet One America News Mostly Funded By AT&T – Report - deadline.com
deadline.com
06.10.2021

Pro-Trump News Outlet One America News Mostly Funded By AT&T – Report

One America News, the upstart far-right media outlet best known for doggedly backing Donald Trump before, during and after his presidency, got about 90% of its funding from AT&T.

Far-Right One America News Network Gets 90% of Revenue From CNN Owner AT&T - thewrap.com
thewrap.com
06.10.2021

Far-Right One America News Network Gets 90% of Revenue From CNN Owner AT&T

Reuters, asked now-CEO Robert Herring Sr. to make a conservative network to compete with Fox News in 2013.

AT&T CEO John Stankey Sees “Less Uncertainty” For Investors After Discovery-WarnerMedia Deal - deadline.com
deadline.com
21.09.2021

AT&T CEO John Stankey Sees “Less Uncertainty” For Investors After Discovery-WarnerMedia Deal

AT&T CEO John Stankey sees a period of “less uncertainty” ahead for the telecom giant as Covid-19 gradually eases and the spinoff of WarnerMedia is completed.

WarnerMedia Is Undervalued With a Multiple Like a ‘Cable Network Asset,’ AT&T Chief Complains - variety.com
variety.com
21.09.2021

WarnerMedia Is Undervalued With a Multiple Like a ‘Cable Network Asset,’ AT&T Chief Complains

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.

Pocket.watch Hires Xavier Kochhar, Former AT&T and HBO Max Exec, as First COO and CFO (EXCLUSIVE) - variety.com
variety.com
16.09.2021

Pocket.watch Hires Xavier Kochhar, Former AT&T and HBO Max Exec, as First COO and CFO (EXCLUSIVE)

Todd Spangler NY Digital EditorPocket.watch, the kids and family media company centered on creating franchises around YouTube stars, hired seasoned industry exec Xavier Kochhar as its first COO and CFO.Kochhar, who starts at Pocket.watch on Thursday, most recently was at AT&T in a corporate strategy and development role and prior to that headed strategy and biz dev for WarnerMedia’s HBO Max.

John Oliver Calls Out HBO’s ‘Business Daddy’ AT&T Over Silence on Texas Abortion Ban - thewrap.com - Texas
thewrap.com
13.09.2021

John Oliver Calls Out HBO’s ‘Business Daddy’ AT&T Over Silence on Texas Abortion Ban

HBO’s John Oliver went after AT&T, his network’s parent company, on Sunday, lambasting HBO’s “business daddy” for staying silent on the anti-abortion law in Texas.

John Oliver, Back In Studio At Last, Blasts HBO’s “Business Daddy” AT&T Over Texas Abortion Law - deadline.com - Texas
deadline.com
13.09.2021

John Oliver, Back In Studio At Last, Blasts HBO’s “Business Daddy” AT&T Over Texas Abortion Law

John Oliver – back on air after a two-week hiatus and in studio for the first time since Covid – started in by bashing AT&T for contributions to legislators who supported the harsh new Texas abortion law.

AT&T/WarnerMedia In Talks To Sell TMZ To Fox - deadline.com
deadline.com
11.08.2021

AT&T/WarnerMedia In Talks To Sell TMZ To Fox

AT&T is in talks to sell WarnerMedia’s celebrity gossip site TMZ to Fox, Deadline has confirmed, in yet another deal paring down the telco’s entertainment assets, one that comes as it prepares to spin off Warner and merge it with Discovery.

Sony’s Funimation Closes $1.2B Crunchyroll Acquisition From AT&T - variety.com - Japan
variety.com
09.08.2021

Sony’s Funimation Closes $1.2B Crunchyroll Acquisition From AT&T

Todd Spangler NY Digital EditorAT&T has officially divested Crunchyroll, closing the sale of the anime business to Sony’s Funimation group — bringing together two erstwhile competitors under the Sony umbrella.The telco, looking for every opportunity to pay down its debt, sold Crunchyroll for $1.175 billion in cash paid at closing to Funimation Global Group, a joint venture between Sony Pictures Entertainment and Sony Music Entertainment (Japan) subsidiary Aniplex.Sony’s goal is to “create a

Sony Pictures Entertainment Closes $1.2B Acquisition Of Crunchyroll From AT&T - deadline.com
deadline.com
09.08.2021

Sony Pictures Entertainment Closes $1.2B Acquisition Of Crunchyroll From AT&T

Sony Pictures Entertainment has closed its $1.175 billion acquisition of Crunchyroll from AT&T, adding to the list of entertainment assets recently shed by the telecom giant.

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