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The Latest Breaking News from WarnerMedia

Scoop: The numbers behind CNN+

CNN+ research estimated that 70% of CNN+ subscribers could be bundled over time.

Axios

AT&T Gets More Love From Analysts Versus Verizon Post Q1 Performance

Analysts listed their reasons for preferring AT&T Inc (NYSE: T) over Verizon Communications Inc (NYSE: VZ) post Q1.

Benzinga

Analysis: Will Rupert Murdoch's TalkTV Succeed Where CNN+ Failed?

This week, the news broadcasting world witnessed the abrupt demise of a highly-touted startup streaming service and the rambunctious arrival of a brash new player.

Benzinga

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Inside the chaotic collapse of CNN+

The tea leaves were there.

Axios

CNN+ got canned faster than Quibi

CNN's streaming service had a rough launch, and after about a month of existence, it's heading for the chopping block.

Input

Why Warner Bros.Discovery Shares Are Plunging Today

Warner Bros.Discovery Inc (NASDAQ:WBD) is shutting down CNN's news streaming service CNN+ on April 30. The new management (formed after CNN's former parent company, WarnerMedia, merged with Discovery) decided to shut down the service following its March 29 launch. WBD CEO David Zaslav looks to house all of the company's brands under one…

Benzinga

AT&T Stock Is Moving Higher: Here's Why

AT&T Inc (NYSE: T) shares are trading higher Thursday after the company reported better-than-expected financial results.

Benzinga

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AT&T Smashes Q1 Performance Backed By Robust Postpaid Phone, Fiber Broadband Net Adds

AT&T Inc (NYSE: T) reported first-quarter FY22 operating revenues of $

Benzinga

AT&T Stock Rises As Wireless Subscriber Additions Top Estimates

AT&T stock rose as March-quarter earnings topped analyst estimates while it added more wireless postpaid phone subscribers than expected.

Investors Business Daily

Warner Bros.Discovery Suspends External Marketing Spend For CNN+: Axios

Warner Bros.Discovery Inc (NASDAQ:WBD) suspended every external marketing spending for its recently launched streaming service CNN+ and laid off CNN's CFO Brad Ferrer, Axios reports. Discovery's current CFO for streaming and international, Neil Chugani, succeeded Ferrer. The report added that Warner Bros. Discovery looks to eliminate other high-level positions at WarnerMedia across…

Benzinga

Scoop: CNN+ looks doomed

CNN execs think the launch has been successful. Discovery executives disagree.

Axios

Breaking Down AT&T's Stock After WarnerMedia Spin-Off

Nearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE: T) has gone back to its roots to focus on being a telecommunications company.

Benzinga

AT&T vs. Verizon: Which Telecom Stock is a Better Buy?

In this article I will analyze and compare AT&T (T) and Verizon Communications (VZ) to determine which telecom stock is currently a better investment.

StockNews.com

AT&T Failed At Growth Through Acquisitions But Others Hope To Succeed

The growth-through-acquisitions strategy of AT&T stock fell apart but Palo Alto Networks, Accenture and Salesforce may fare better.

Investors Business Daily

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Asharq Al-Awsat

WarnerMedia, Discovery Complete Merger, Become Warner Bros Discovery

AT&T Inc's WarnerMedia unit and Discovery Inc have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol "WBD". In May last year, the companies set out to merge and become a standalone…

Axios

Discovery and WarnerMedia close $43 billion merger

The new company immediately becomes one of the entertainment industry's biggest players alongside Disney and Netflix.

Benzinga

Discovery Chief Overhauls Leadership After WarnerMedia Acquisition

Discovery, Inc. (NASDAQ:DISCA) CEO David Zaslav picked his lieutenants as senior leaders of the combined group after acquiring WarnerMedia from AT&T Inc (NYSE: T), the Financial Times reports. The $43 billion merger of Warner and Discovery will likely close by April 8. JB Perrette, who has led Discovery's international and streaming businesses, is set to…

Benzinga

WarnerMedia CEO Departs One Week Before Discovery Merger

AT&T Inc (NYSE:T) WarnerMedia CEO Jason Kilar stepped down before Discovery, Inc (NASDAQ:DISCA) completed the acquisition of WarnerMedia, Variety reports. The transaction will be complete on April 11. The departure was likely as Discovery chief David Zaslav looked to run the combined company, Warner Bros. Discovery. Also Read: AT&T To Spin Off Interest In WarnerMedia…

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Sports Illustrated

Why WarnerMedia’s Johnita Due Refuses to Stick to Sports

The executive’s commitment to diversity and inclusion runs deeper than any corporate mandate.

Benzinga

Why Jim Cramer Prefers Nvidia To 3D Systems

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like the balance sheet of AT&T Inc (NYSE: T) and is also very concerned about the spin-off of WarnerMedia.

Tribune News Service

HBO Max, Discovery+ to combine into a single streaming service as part of merger

WarnerMedia’s new streaming service is going to offer everything cable once did: the newest movies, home renovation shows and Guy Fieri.

Investors Business Daily

AT&T Stock Wavers On Updated Forecast Amid WarnerMedia, Discovery Deal

AT&T stock wavered as analysts mulled its updated forecast in anticipation of it closing the WarnerMedia transaction with Discovery.

Asharq Al-Awsat

Disney, Warner Bros., Sony Pausing Film Releases in Russia over Ukraine Invasion

Hollywood studios Disney, Warner Bros., and Sony Pictures Entertainment said they would pause theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and the unfolding humanitarian crisis. The Walt Disney Co said Monday it is pausing the release of theatrical films in Russia, starting with…

Daily Mirror

SAG Awards 2022: All the winners as Dame Helen Mirren wins Lifetime Achievement Award

Helen Mirren was presented the Lifetime Achievement Award at the 28th SAG Awards in Los Angeles on Sunday as fellow Brits struggled to win their categories

The Independent UK

CNN probe complete, yet mysteries on Cuomo, Zucker remain

CNN's parent company says its investigation into circumstances surrounding the firing of anchor Chris Cuomo and ouster of network chief Jeff Zucker is complete

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