Tag Archives: AT&T

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.

AT&T reported second-quarter revenues of $45 billion, with WarnerMedia up by 5 percent to $8.4 billion.

Randall L. Stephenson, chairman, CEO and president of AT&T, discussed WarnerMedia's upcoming video platform, content investments at HBO and bringing more licensed content back in-house at the J.P. Morgan Global Technology, Media and Communications Conference in Boston yesterday.

AT&T reported subscriber losses at DIRECTV while its WarnerMedia segment posted revenue growth in Q1 2019.

AT&T has sold its minority stake in Hulu back to the streaming video joint venture for $1.43 billion.

WarnerMedia's fourth quarter revenues were up by 5.9 percent to $9.2 billion, largely driven by gains at Warner Bros.