AT&T Chief John Stankey Fields Questions About Layoffs, Discovery and WarnerMedia Merger

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

[Warning: Potentially Triggering Content]

Brent Lang Executive Editor of Film and MediaScreen Media has nabbed all North American rights to “Naked Singularity,” a heist thriller with John Boyega and Olivia Cooke.

announced on May 17 it was spinning off WarnerMedia into an independent company that will merge with Discovery, Inc. The full valuation of the newly combined company is estimated to be $130 billion, TheWrap has learned.Zaslav will lead the new company as its CEO after the deal closes, which is expected to occur in mid-2022.

Far Cry 6’s narrative director has confirmed that despite what many gamers were led to believe, the upcoming action-adventure game will be political.In an interview with The Gamer last week, Navid Khavari said that the forthcoming game is not meant to be “a political statement about what’s happening in Cuba specifically”.

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.

Discovery CEO David Zaslav, a week after announcing a $43 billion deal to merge with WarnerMedia in a spinoff from AT&T, sees validation in today’s news that Amazon is swallowing MGM.

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.

WarnerMedia streaming service HBO Max “would not be where it is today” without the company being part of AT&T, John Stankey asserted, even though that won’t be the case much longer.

Brent Lang Executive Editor of Film and MediaIt pays to pull off a massive media merger.Discovery chief David Zaslav is certainly being handsomely rewarded for his role in pulling off the merger agreement between his company and WarnerMedia. A day before AT&T announced it was spinning off WarnerMedia and combining it with Discovery, Zaslav received 14.8 million stock options on Sunday as part of a contract extension, which the Wall Street Journal reports are worth $190 million.

Tremenda Nota es el medio socio del Los Angeles Blade en Cuba. Esta nota salió en su sitio web el 17 de mayo.

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.

down 18% from 2019). Zaslav’s annual salary stayed at $3 million last year, when his stock awards slipped by about $1 million to $12.5 million.

Brian Steinberg Senior TV EditorDiscovery brought a vision to advertisers this year that it will be hard to duplicate in sessions to come.The owner of the TLC, Food Network and HGTV cable outlets spent Wednesday morning explaining how its networks, focused largely on reality and documentary programming, could stand through even conditions spurred by the coronavirus pandemic.

Discovery, a day after announcing a landmark, $43 billion merger with AT&T’s WarnerMedia, delivered its first upfront presentation in two years to tout 2021-22 programming.

Brent Lang Executive Editor of Film and MediaDiscovery Plus will premiere “No Responders Left Behind,” a documentary about the fight waged by former “The Daily Show” host Jon Stewart, social activist John Feal and FDNY hero, Ray Pfeifer, to get health benefits and compensation for 9/11 first responders. The film will stream on Discovery Plus globally this September.

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.

Discovery chief David Zaslav, whose sizable corner of the media business is getting a lot bigger, said he had previously looked at the idea of creating a “global HBO,” but all the best series were taken.

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.