Content licensing and direct-to-consumer subscription gains helped increase WarnerMedia's fourth-quarter revenues by 15.4 percent to $9.9 billion.
Read More »Funimation Completes Crunchyroll Acquisition
Sony’s Funimation Global Group has completed its $1.2 billion acquisition of the Crunchyroll anime business from AT&T.
Read More »AT&T, TPG Capital in DIRECTV Deal
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.
Read More »AT&T Selling Crunchyroll to Sony’s Funimation
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.
Read More »WarnerMedia Revenues Drop 10 Percent
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.
Read More »John Stankey Named AT&T CEO, Randall Stephenson to Retire
Randall Stephenson is retiring as CEO of AT&T, after 13 years in the post, with John Stankey taking over in the role.
Read More »WarnerMedia Reports Lower Q1 Revenues
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.
Read More »Q4 WarnerMedia Revenues Slip Amid HBO Max Investments
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.
Read More »AT&T Sells Off Stake in CME
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.
Read More »AT&T Names John Stankey President & COO
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.
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