By Jill Goldsmith
By Jill Goldsmith
AT&T is issuing€3 billion ($3.27 billion) in new debt, boosting its liquidity as the novel coronavirus pandemic continues to impact the company's businesses. In a prospectus, the telecom giant said it will use cash from the offering for general corporate purposes, including the potential to pay down existing debt.
By Jill Goldsmith
WarnerMedia's Warner Bros. will "continue to work with theater owners" even though it took animated film Scoob! straight to premium on-demand instead of waiting for cinemas to reopen after the novel coronavirus pandemic, John Stephens, the CFO of WarnerMedia owner AT&T, said Tuesday.
By Dade Hayes
Tribeca is taking audiences back to the drive-in this summer. Tribeca Enterprises, Imax and AT&T said Wednesday that they are partnering to launch "Tribeca Drive-In," a summer programming series of new and classic films, music and sporting events.
By Greg Evans
AT&T on Thursday said WarnerMedia will take control of its Xandr advertising unit, to be run by WarnerMedia chief revenue officer Gerhard Zeiler. The move follows Brian Lesser, who launched Xandr in 2017, last month leaving the telco giant.
By Dade Hayes
By Dade Hayes
By Jill Goldsmith
By Cynthia Littleton
AT&T remains a wireless phone powerhouse, but COVID-19 has upended WarnerMedia and its premium film and TV businesses, judging by its first-quarter earnings unveiled Wednesday. And that expensive bet on show business worries Bernstein analysts Peter Supino and James MacNeill, who criticize AT&T for spending heavily to acquire DirecTV and Time Warner assets only to see WarnerMedia walloped by the coronavirus pandemic.
Telecom giant AT&T on Wednesday reported its first-quarter financials, the first set of results affected by a few weeks' worth of the coronavirus pandemic.
By Dade Hayes, Jill Goldsmith
By Todd Spangler
By Dade Hayes
By Todd Spangler
By Brian Steinberg
The third installment of “Some Good News” on YouTube found host John Krasinski paying special tribute Sunday to health-care heroes around the US by getting them free cellphone service — and, for some Boston hospital workers, Red Sox tickets for life.
Telco announces new offer on John Krasinski’s YouTube series 'Some Good News'
AT&T has hired Ed Gillespie, the former chairman of the Republican National Committee and an aide to President George W. Bush, to serve as senior executive vp for external and legislative affairs.
WarnerMedia owner AT&T on Tuesday said it has struck a deal for a $5.5 billion loan, boosting its liquidity amid the coronavirus crisis. It also said it expects to be "sizing our operations to economic activity," a sign of possible layoffs or reduced investment amid the crisis.
By Jill Goldsmith
By Todd Spangler
By Todd Spangler
By Jill Goldsmith
DirecTV, U-verse and AT&T TV customers will finally get to watch Los Angeles Dodgers games again, after six years of blackout. AT&T and Spectrum Networks have announced a carriage deal that will bring the Dodgers’ regional sports network, Spectrum SportsNet LA, to those subscribers for the first time.
By Jill Goldsmith
Amid continuing cord-cutting and a coronavirus pandemic changing TV viewing habits, AT&T's streaming service DirecTV GO on Tuesday launched in Mexico. "We have worked for several months on this project.
Quarantine and chill: Netflix is seeing unprecedented levels of video streaming, as millions of people are homebound during the COVID-19 outbreak and looking for a diversion. And investors are gaining confidence that Netflix will be one of the few entertainment companies to see gains amid the pandemic.
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