Tag: AT&T

Content licensing and direct-to-consumer subscription gains helped increase WarnerMedia's fourth-quarter revenues by 15.4 percent to $9.9 billion.

Sony’s Funimation Global Group has completed its $1.2 billion acquisition of the Crunchyroll anime business from AT&T.

AT&T Inc. and TPG Capital are establishing a new standalone company that will own and operate DIRECTV, AT&T TV and U-verse video services.

AT&T has struck a deal to sell its Crunchyroll anime business to Funimation Global Group, a joint venture between Sony Pictures Entertainment and Sony Music Entertainment’s subsidiary Aniplex.

Overall revenues at WarnerMedia fell by 10 percent year-on-year in the third quarter to $7.5 billion, with declines at Warner Bros. and HBO partially offset by gains at Turner.

Randall Stephenson is retiring as CEO of AT&T, after 13 years in the post, with John Stankey taking over in the role.

WarnerMedia's first-quarter revenues fell by 12.2 percent to $7.4 billion as a result of lower ad revenues at Turner and declines at Warner Bros.

WarnerMedia's revenues in Q4 2019 fell by 3.3 percent to $8.9 billion as a result of foregone content licensing revenues in preparation for the launch of HBO Max.

Central European Media Enterprises (CME), which has broadcast operations in Bulgaria, the Czech Republic, Romania, Slovakia and Slovenia, is being acquired by an affiliate of PPF Group, including AT&T's shares, in a cash transaction valued at approximately $2.1 billion.

John Stankey has been appointed president and chief operating officer of AT&T Inc., effective October 1, while also continuing to serve as CEO of WarnerMedia.