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The Dish: Amid Layoffs, How David Zaslav Might Deal With J.J. Abrams’ Bad Robot, DC’s Walter Hamada & New Warner Bros. Pictures Chiefs Mike De Luca & Pam Abdy

If there was one thing that the turbulent week at Warner Bros. Discovery displayed, it’s just how quickly conventional wisdom can change from one regime to the next, when each is trying to gin up the stock price for Wall Street.

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White House State Dinner Guest List Includes Jeffrey Katzenberg, John Leguizamo and Itzhak Perlman

The guest list for tomight’s White House State Dinner for Australian Prime Minister Anthony Albanese and partner Jodie Haydon includes a number of names from entertainment and media.

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HBO Max Returns To Amazon Prime Video Channels, Reversing Previous Strategy In New Streaming Distribution Pact

Warner Bros Discovery and Amazon have struck a new distribution deal for HBO Max, returning the streaming service to Prime Video Channels.

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AT&T Closes Book On WarnerMedia Ownership Era; Stock Plunges After Q2 Report Lowering Cash-Flow Guidance

AT&T 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.

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How AT&T Could Find Itself a Winner in the Streaming Wars (Column)

Cynthia Littleton Business EditorAfter a topsy-turvy week, the thought occurred to me during AT&T’s investor call on Thursday: What if John Stankey wound up on the winning side of the streaming wars?Netflix took a nosedive on Tuesday with an earnings report that proved that it could not suspend the law of gravity forever. The steady upward climb of Netflix subscriber gains had to stop sometime, and that sometime was Q1 2022.The jolt that the news of six-figure losses in Q1 and a projected seven-figure loss for Q2 packed a wallop on Netflix stock price.

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AT&T’s John Stankey Says HBO Max Is Managing Password Sharing “Without Rampant Abuse”

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 use its service for free by sharing passwords.

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Warner Bros Discovery Town Hall Features Oprah Winfrey And Studio Heritage

Warner Bros Discovery CEO David Zaslav and other top execs are meeting with employees in a town hall this morning on the Warner lot in Burbank. It’s the first large-scale staff meeting since last Friday’s close of the $43 billion merger.

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AT&T Chief John Stankey Bids Farewell to WarnerMedia Staff as Discovery Deal Closes

Brent Lang Executive Editor of Film and MediaAs Discovery closes its deal for WarnerMedia, John Stankey, the AT&T chief who oversaw the telecom company’s abandoned foray into the media world, bid farewell to his soon-to-be former colleagues. Stankey led AT&T’s acquisition of DirecTV and Time Warner in 2015 and 2018, before replacing Randall Stephenson as CEO role of AT&T in July 2020.“My respect and appreciation for those I have worked closely with is enduring, and I will miss continuing to learn and problem solve with you,” Stankey wrote.

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AT&T CEO John Stankey Salutes WarnerMedia Staff As Discovery Deal Nears Close: “The Road Wasn’t Easy Or Clear”

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.

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WarnerMedia CEO Jason Kilar Exits Ahead of Merger With Discovery

Jennifer Maas TV Business WriterWarnerMedia CEO Jason Kilar announced Tuesday he is stepping down ahead of the completion of Discovery’s acquisition of the company, which is expected to occur April 11.“With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing this amazing company,” Kilar said in a memo sent to WarnerMedia staff. “There are many feelings one could have in a moment like this, but for me there are none bigger, or more lasting, than the feelings of gratitude and love that I have for this team, this company, and this mission. I’ve never been more fulfilled professionally.

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AT&T CEO John Stankey Made $25M Last Year, And Retired CEO Randall Stephenson Took Home $16 Million

AT&T chief executive John Stankey’s compensation totaled $24.8 million last year, up from $21 million the year earlier. According to a proxy statement filed with the SEC, retired CEO Randall Stephenson made $16.3 million in 2021 (down from $29 million).

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AT&T CEO John Stankey Signals Exit From Entertainment, Telling Investors, “We’re Focused On Looking Forward”

John Stankey, who played a central role in AT&T’s push into entertainment before shedding of those money-losing assets as CEO, signaled a new day in his opening remarks at the company’s investor day.

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WarnerMedia Spinoff Will Mark ‘Starting Line of a New Era’ for AT&T, CEO Says

Todd Spangler NY Digital EditorOn the cusp of spinning off WarnerMedia — ending AT&T’s ill-fated foray into the entertainment biz — telco chief CEO John Stankey touted the company as getting into fighting shape to succeed in its core wireless and broadband sectors.AT&T released updated financial guidance on Friday ahead of its investor day presentation, fleshing out its post-WarnerMedia strategic priorities. Separately, Discovery shareholders also Friday are set to vote on whether to approve the WarnerMedia deal.

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AT&T’s Short, Bumpy Ride in Hollywood: Timeline of WarnerMedia’s Road to Discovery Spinoff Deal

Jennifer Maas TV Business WriterWarnerMedia has been owned by telco giant AT&T for less than four years and it will soon have a new parent company — likely by the end of next month.Discovery’s shareholder vote on the acquisition of WarnerMedia is set for today during a special meeting of stockholders set for 10 a.m. ET. The deal is expected to get an easy thumbs-up given the approval already bestowed by Discovery’s oldest and most influential holders, investor John Malone and Advance/Newhouse Co.

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WarnerMedia-Discovery Merger Gets Green Light From U.S. Regulators

The merger of AT&T’s WarnerMedia and Discovery has cleared U.S. regulators, the companies announced Wed., in the last major hurdle for the $43-billion deal.

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With Spinoff, AT&T Picks Safer Exit for WarnerMedia

Todd Spangler NY Digital EditorNow in the home stretch of unloading WarnerMedia, AT&T chief John Stankey appears to be primarily interested in not destroying any more value for shareholders than the telco giant already has with its ill-fated M&A strategy.This week, AT&T announced that the WarnerMedia divestiture will be structured as a spinoff ahead of its combo with Discovery. That will give telco shareholders pro-rata shares in the newly created Warner Bros.

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AT&T Opts For Spin-Off Method In WarnerMedia Discovery Transaction; Shares Fall

AT&T shares are down in pre-market trading after the telecom giant said it will spin off WarnerMedia as part of the entertainment unit’s pending $43 billion merger with Discovery.

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AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal

Todd Spangler NY Digital EditorAT&T announced that its board has decided to spin off the telco’s interest in WarnerMedia — rather than structure the media conglom’s divestiture as a split-off.The transaction will spin off 100% of AT&T’s interest in WarnerMedia to AT&T’s existing shareholders in a pro-rata distribution, followed by the merger of WarnerMedia with Discovery to form a new company, “Warner Bros. Discovery.” The deal is expected to close in the second quarter of 2022; previously, AT&T had targeted “mid-2022” for the close.Last week, on AT&T’s Q4 earnings call, CEO John Stankey had left said the board was still on the fence about whether to spin off WarnerMedia (and give AT&T shareholders pro-rata shares in the new Warner Bros.

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New York City Hopes For Spring Thaw On Red Carpet As Covid-Affected Industry Events Plan In-Person Return

There are far weightier consequences of the Omicron variant’s holiday-season surge than New York media types having to puzzle out the fate of red-carpet events.

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John Stankey and Brian Roberts Grapple With Finicky Funnels (Column)

Cynthia Littleton Business EditorJohn Stankey and Brian Roberts are wrestling with different sides of the same problems.For Big Media, the fourth-quarter earnings revelations so far have reinforced predictions that 2022 is the year the honeymoon ends for the promise of new streaming ventures. Now it’s entrenching time.

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AT&T Chief John Stankey Rips Streaming Rivals For Low ARPU And Hiding “Behind The Screen” Of Amazon

In a conference call with Wall Street analysts, AT&T CEO John Stankey defended the decision to separate HBO Max from Amazon’s channels business.

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