— and merge it with Discovery — came down to his belief that investors have undervalued the media division under the telco’s ownership.
He acknowledged that “there’s uncertainty hanging in the stock right now,” including whether the WarnerMedia-Discovery deal will get regulatory approval and, if so, what the direct-to-consumer strategy of the combined media entity will look like. In May, AT&T and Discovery announced the proposed merger of WarnerMedia and Discovery. Under the terms of the pact, AT&T shareholders would hold 71% of the new company, while Discovery shareholders would own 29%. The new company also will assume debt carried by WarnerMedia. The deal is expected to close in mid-2022.
Regarding the progress with HBO Max, Stankey said, “I think I can definitively say we’ve established a direct-to-consumer business that has a great future.”
Happy bday my everything!🎈🎂👑💙 Today is the most special day of my life,you turn 3 years old 😩❤️ The best thing I’ve ever done in this world was become your mother! 🔐 I’ll do anything in the world for this boy My whole heart ❤️
Ugh! Can’t wait for this thread to turn into another complaint about how it’s a problem with their comicbook IPs and nothing else. Wait, too late.
Marvel has been able to make blockbuster films out of D-level superheroes, while Warner is struggling to sell a Superman film. That’s why Warner is undervalued.
brianstelter What does this mean? And what does this mean for CNN ?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HBO Max Teases Four Original Series from its Ambitious Spanish Slate in San Sebastian PanelAhead of the streamer’s Oct. 26 arrival in Spain, representatives from several shows commissioned for WarnerMedia’s HBO Max assembled at the San Sebastian Film Festival on Sunday to preview their s…
Source: Variety - 🏆 108. / 63 Read more »
Electronic Arts Closes $1.4B Playdemic Acquisition From AT&T’s Warner Bros. GamesThe deal for the U.K. company will add to 'our growing mobile portfolio and expanding our leadership in sports,' said Andrew Wilson, CEO of the video game giant. Aint no way
Source: THR - 🏆 411. / 53 Read more »
Endangered penguins killed by swarm of bees in South AfricaAt least 63 endangered African penguins killed by the stings of a swarm of Cape honey bees in South Africa's Simonstown, in what veterinarians can only describe as a fluke
Source: trtworld - 🏆 101. / 63 Read more »
Buddy Valastro's Hand Is 'About 95%' Healed 1 Year After His InjuryThe 'Cake Boss' star's hand was impaled multiple times by a metal rod in September 2020.
Source: etnow - 🏆 696. / 51 Read more »
Netflix and Apple Finally Broke Old TV at This Year’s EmmysPrestige cable used to thrive against the biggest streaming services, but big wins by “The Queen’s Gambit,” “The Crown” and “Ted Lasso” at the Emmy Awards show how much has changed I will direct you all on Twitter to Invest your Cryptocurrency with👉 MichaelEddy_1 ❤️ I got a lot of profits from the profits company and I’m going to share this with you all , contact him and invest with him ASAP 👉 MichaelEddy_1❤️ You have to stand up for yourself, No one is gonna be with you on the way to success because the path of success is very hard and only few can go over it. So always be there for yourself and achieve your Goals and Dreams by clicking Geoffreypreud
Source: WSJ - 🏆 98. / 63 Read more »
Shell nears $9.5 billion deal to sell West Texas oil field assets to ConocoPhillipsThe move comes as the oil industry faces increasing pressure to invest in renewable energy and lower its carbon emissions in the face of a changing climate.
Source: CNBC - 🏆 12. / 72 Read more »