Latest in AT&T

Liberty Media chairman John Malone slammed AT&T, praised Reed Hastings and affirmed his faith in the Warner Bros. Discovery team led by David Zaslav amid the drama and red ink of today’s streaming wars. "At the moment, there is a lot of blood flowing down the gutters of people who are streaming. Some…

DirecTV has formally apologized for a second straight week of glitches that wiped out its popular, decades-old Sunday Ticket offering. NFL fans and customers lit up Twitter on Sunday with their outrage when it became clear that the TV operator was experiencing a second straight week of technical difficulties. From end…

AT&T on Thursday reported solid results for its final quarter of full ownership of WarnerMedia, but its stock plunged after the company lowered its outlook for full-year free cash flow. Excluding items, AT&T posted earnings per share of 65 cents in the quarter ending June 30, beating Wall Street analysts’ consensus…

The Cherokee Nation and its film office are celebrating the premiere of Land of Gold and the first production of its kind to be filmed at the tribe's studios and state-of-the-art virtual soundstage located in Owasso. The film, directed by award-winning filmmaker Nardeep Khurmi, debuted at the Tribeca Festival in New…

AT&T CEO John Stankey said managing passwords is a key to long-term sustainability in the streaming business and something he and his team had in mind well before HBO Max launched. He made the comments on a call with analysts following AT&T’s latest earnings and two days after Netflix revealed that 100 million viewers…

HBO Max and HBO had 76.8 million global subscribers as of March – up by 3 million from the previous quarter and 12.8 million from the year earlier. Domestic subscribers of 48.6 million rose 4.4 million year-on-year, AT&T said, reporting its last quarterly numbers as parent of WarnerMedia. WarnerMedia merged with…

Shares in Warner Bros Discovery gained more than 5% to finish the trading day at $25.97 after earlier rising as much as 11% with a few more bulls piling  into the new stock. It is just the third day of trading for WBD, which moved sideways yesterday after starting off on Monday at $24.08. WarnerMedia formally spun off…

UPDATED with closing price: Warner Bros. Discovery shares had a volatile debut, rising early in the session, heading lower then ending the session higher as financial analysts dissected the newly combined entity following the deal’s close on Friday. Reports out today – and more will follow – range from a thumbs-up on W…

According to John Oliver on Last Week Tonight, One American News (OAN) has a legal bone to pick with him. Back in January 2022, DirecTV planned to drop One America News Network (OAN), the right-wing channel known for its pro-Donald Trump coverage and commentary which was picked up by DirecTV in 2017. Losing…

The final bow has been placed atop the $40 billion merger of WarnerMedia and Discovery, forming one of the largest pure content players in the media business. The AT&T spinoff maneuver formally closed late Friday, and Monday will see Warner Bros Discovery stock begin trading, under the ticker symbol “WBD.” Discovery…

Discovery and WarnerMedia have closed their long-awaited mega-merger, creating a top-scale media player and streaming contender and ending an ill-fated foray into entertainment by AT&T. The combination will unite such disparate assets as HBO, CNN and the nearly 100-year-old Warner Bros film studio with unscripted…

AT&T CEO John Stankey, who decided last spring to spin off WarnerMedia into a $43 billion merged entity with Discovery, has sent a bouquet to WarnerMedia staff as the deal gets set to close. In a memo to staff (read it in full below), Stankey praised the “remarkable body of work” accrued by WarnerMedia in the nearly…