Textual content dimension Paramount+ has about 62 million subscribers. Valerie Macon/AFP through Getty Photos Older viewers love CBS, however I’m guessing that Warren Buffett didn’t simply drop $2.6 billion on shares of community mother or father Paramount World as a result of he’s a giant fan of NCIS: Hawaii. He could be betting that traders […]
Textual content measurement We’re previous the peak of first-quarter earnings season, however with a number of notable corporations nonetheless left to report subsequent week. The economic-data highlights of the week shall be a pair of inflation measures. Monday’s highlights will embrace BioNTech, Palantir Applied sciences , Simon Property Group , and Tyson Meals . Digital Arts , Norwegian […]
Textual content measurement We’re previous the peak of first-quarter earnings season, however with a number of notable corporations nonetheless left to report subsequent week. The economic-data highlights of the week shall be a pair of inflation measures. Monday’s highlights will embody BioNTech, Palantir Applied sciences , Simon Property Group , and Tyson Meals . Digital Arts , Norwegian […]
The main target is on 5G wi-fi and fiberoptic broadband companies. DirecTV, WarnerMedia , Vrio, and Xandr all are gone or within the strategy of being divested. AT&T (ticker: T) accomplished the spinoff of its media enterprise on April 8, merging the unit with Discovery to create the streaming-centered leisure firm Warner Bros. Discovery (WBD). […]
AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with buyers finally anticipated to obtain a share of the brand new streaming-media entity for each 4 AT&T shares they personal. AT&T T, +2.19% is within the technique of spinning off its WarnerMedia enterprise in a mix with Discovery Inc. DISCA, +0.85%, which […]
Allison Gollust resigned as CNN’s communications and advertising chief after the community’s mother or father decided she misled investigators about her relationship with former President Jeff Zucker and violated CNN’s information requirements, in response to folks aware of the matter. Ms. Gollust’s resignation got here amid an investigation that initially centered on former prime-time anchor […]
Textual content dimension ViacomCBS is altering its title to Paramount World. Dreamstime ViacomCBS reported a really strong quarter of streaming-subscriber features on Tuesday, however that progress didn’t come cheaply. The corporate ramped up spending on content material and advertising and marketing for its Paramount+ and different providers, miserable income within the fourth quarter. Legacy TV […]
Textual content dimension AT&T holders are resulting from obtain about 0.24 share of Warner Bros. Discovery for every AT&T share. David Paul Morris/Bloomberg Revenue-oriented traders in AT&T face a selection once they obtain shares of the brand new Warner Bros. Discovery in a by-product deliberate for the second quarter. They will maintain onto the Warner […]
Illustration by Elias Stein Textual content measurement AT&T forged gentle on its pending spinoff of WarnerMedia to Discovery this previous week—a giant step towards placing a decade of misguided mergers and acquisitions behind it. AT&T spent years meting out billions of {dollars} on offers, together with $66 billion for DirecTV in 2015 and $106 billion […]
CNN President Jeff Zucker has resigned from the cable information community, citing his failure to reveal a consensual relationship with a detailed colleague, in accordance with an electronic mail he despatched to workers on Wednesday. “I got here to CNN on January 28, 2013. Collectively, we had 9 nice years. I definitely want my tenure […]
Textual content dimension AT&T plans to pay a $1.11 annual dividend, down from the present $2.08 a share. Stefani Reynolds /AFP through Getty Photos AT&T ‘s determination Tuesday to spin off its stake in WarnerMedia to shareholders isn’t a shock given current feedback by CEO John Stankey. However the transfer might disappoint buyers who have […]
Textual content dimension A big U.Ok.-based asset supervisor purchased up Moderna and Nvidia inventory within the fourth quarter. Clement Mahoudeau/AFP through Getty Pictures A big U.Ok.-based asset supervisor made massive modifications in its U.S. inventory portfolio, shopping for names that outperformed final yr, and promoting people who had lackluster showings. Royal London Asset Administration considerably […]
Textual content measurement Comcast raised its dividend this week. Jeff Fusco/Getty Photos for Comcast Chevron , Comcast , and Kimberly-Clark have been among the many many U.S. corporations that declared dividend will increase this week. Vitality big Chevron (ticker: CVX) mentioned it plans to boost its quarterly disbursement by 8 cents a share to $1.42, […]
