The addition of advertising-based video on demand (AVOD) and the expansion to new countries in Europe is resulting in growth for HBO Max and HBO. The number of global HBO Max and HBO subscribers reached 69.4 million at the end of the third quarter, increasing...
AT&T is planning to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery in a move that will create a TV, film and streaming powerhouse, according to AT&T and media reports on Monday (May 17). AT&T’s shareholders will get a 71 percent...
Cord-cutting and the streaming wars are affecting AT&T’s bottom line and subscription base, triggering a disappointing fourth quarter, according to reports on Wednesday (Jan. 29). AT&T reported that it lost 219,000 subscribers on its TV Now streaming service in the fourth quarter and 945,00 premium...
John Stankey, the AT&T executive who heads up WarnerMedia, has plans to overhaul CNN’s digital operation. According to The Wall Street Journal, sources said that Stankey doesn’t believe that the cable news network’s digital arm is reaching its full potential. While CNN’s ratings soared during the...
February 10, 2022
AT&T’s plan to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery to create a TV, film and streaming dynamo, will proceed, according to Discovery’s filing with the Securities and Exchange Commission (SEC) Wednesday (Feb. 8). The transaction will combine WarnerMedia’s library of sports, news, and family entertainment, with Discovery’s collection of […]
May 17, 2021
AT&T is planning to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery in a move that will create a TV, film and streaming powerhouse, according to...
January 29, 2020
Cord-cutting and the streaming wars are affecting AT&T’s bottom line and subscription base, triggering a disappointing fourth quarter, according to reports on Wednesday (Jan. 29). AT&T reported that it lost...
March 04, 2019
John Stankey, the AT&T executive who heads up WarnerMedia, has plans to overhaul CNN’s digital operation. According to The Wall Street Journal, sources said that Stankey doesn’t believe that the cable...
