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10.07.2023 / 17:09

Randall Stephenson, Former AT&T Chief And Time Warner Dealmaker, Quits PGA Policy Board On Eve Of Senate Hearing On LIV Merger

Randall Stephenson, the former chairman and CEO of AT&T and architect of the telecom giant’s ill-fated acquisition of Time Warner, has resigned from the policy board of the Professional Golf Association at a critical moment.

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10.03.2023 / 18:21

AT&T, NCAA Extend Sponsorship Pact Through 2025

Brian Steinberg Senior TV Editor One of the nation’s biggest telecommunications companies is betting that college sports will keep it connected to consumers. AT&T will remain a top-tier sponsor of NCAA athletic events through the 2024-2025 academic year, having signed a deal to extend its pact with the massive college-sports league. AT&T has been an NCAA “corporate champion” since 2001, and unveils the extension just as the NCAA’s 2023 “March Madness” basketball tournament is kicking off.. “We love the audience size,” says Kellyn Kenny, chief marketing and growth officer of AT&T, in an interview, speaking of the basketball championship event. “It does a really nice job of attracting an audience that is fairly diverse — it’s young, it’s GenZ, and has a bunch of business decision makers.”

Brian Steinberg-Senior USA Beyond show stars audience concert sports Love AT&T

21.07.2022 / 15:19

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.

John Stankey Pascal Desroches reports CEO AT&T Flow

13.06.2022 / 06:19

‘Last Week Tonight’: John Oliver Bashes Former Parent Company AT&T Over Past Business Practices

John Oliver did not mince words for his show’s former owners.

John Oliver Britain USA AT&T Company

07.06.2022 / 22:23

AT&T No Longer Offers HBO Max for Free With Top Unlimited Wireless Plan

Todd Spangler NY Digital EditorAT&T has quietly dropped HBO Max as a bundled perk for new customers on its highest-tier unlimited wireless plan.The telco’s move comes two months after AT&T spun off WarnerMedia and sold it to Discovery, to form Warner Bros. Discovery.

Warner Bros Digital Mobile Provident AT&T

23.04.2022 / 20:29

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.

Bob Iger John Stankey Pascal Desroches Netflix Hollywood reports Column AT&T

21.04.2022 / 11:41

HBO Max/HBO Gain 3 Million Subscribers in Q1, WarnerMedia Profit Pinched by Streaming Investments in Final Quarter With AT&T

Todd Spangler NY Digital EditorAT&T, in its Wall Street swan song as an entertainment entity, reported solid subscriber pickup for HBO Max and HBO for the first quarter of 2022. The now-divested WarnerMedia unit was again a drag on profitability because of continued investments in HBO Max and the launch of CNN+ — reflecting a key reason AT&T spun it off.WarnerMedia is now part of Warner Bros.

Warner Bros Entertainment reports Digital AT&T

15.04.2022 / 20:29

Warner Bros. Discovery and AT&T Both End Week With Stock Up 3%

Jennifer Maas TV Business WriterWarner Bros. Discovery and AT&T each ended the trading week with their respective shares selling at a 3% increase from where the stocks opened Monday.The newly formed Warner Bros. Discovery, born out of the $43 billion merger of Discovery, Inc.

David Zaslav Warner Bros Hudson Jennifer Maas New York Atlanta Netflix film CEO and AT&T

11.04.2022 / 05:39

‘Last Week Tonight’: John Oliver Recalls His Past Insults Directed Towards Alt-Right Network OAN And Their Lawsuit Against AT&T

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.

Donald Trump John Oliver USA band Fighting and AT&T recalls

08.04.2022 / 17:49

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.

David Zaslav Warner Bros John Stankey Randall Stephenson Brent Lang Netflix innovations Remark AT&T

08.04.2022 / 17:25

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.

Warner Bros John Stankey CEO Progressive Remark AT&T road

25.03.2022 / 23:21

AT&T Sets More Details For WarnerMedia Spinoff Ahead Of Discovery Merger

AT&T has firmed up more details of its spinoff of WarnerMedia, which is poised to combine with Discovery in a $43 billion merger.

David Zaslav Warner Bros record CEO SEC AT&T

23.03.2022 / 00:09

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).

John Stankey John Stephens Jason Kilar Pascal Desroches 2020 awards CEO and AT&T

15.03.2022 / 23:27

Discovery And AT&T Determine Board Of Directors For Merging Media Company

Discovery and AT&T have determined the 13 members of the board of directors for Warner Bros Discovery, the new company that will be created via a pending $43 billion merger.

David Zaslav Warner Bros John Malone record track CEO and AT&T Company

15.03.2022 / 23:23

AT&T Names Samuel Di Piazza Chairman of Warner Bros. Discovery

Todd Spangler NY Digital EditorSamuel Di Piazza Jr. will serve as the chairman of Warner Bros.

David Zaslav Liberty Global Warner Bros John Malone Liberty Broadband Liberty Media Debra Lee Digital CEO Platform AT&T

11.03.2022 / 18:11

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.

John Stankey USA Entertainment CEO Remark AT&T

11.03.2022 / 17:39

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.

Warner Bros John Stankey Entertainment Digital CEO AT&T

23.02.2022 / 23:15

AT&T, Discovery Prepare for Mid-April Close of WarnerMedia Deal

Jennifer Maas TV Business WriterAT&T and Discovery are expecting to close Discovery’s acquisition of WarnerMedia to create new company Warner Bros. Discovery as early as mid-April, Variety has learned.According to two people familiar with the matter, with Discovery’s shareholder vote on the deal — which has already received regulatory approval from the DOJ — set for March 11, the two companies are preparing for a close between April 11-April 28.

Warner Bros Jennifer Maas Inside target Provident AT&T

23.02.2022 / 17:49

AT&T, State Farm Will Test TV Measurement Alternatives in Discovery-Omnicom Pact

Brian Steinberg Senior TV EditorAT&T and State Farm are the latest big advertisers to experiment with new ways of figuring out just who is watching TV – and the commercials that support it.The two marketers are among those who are taking part in an alliance between Discovery and Omnicom Media Group. Under the pact, a handful of Omnicom clients, including the telecom and insurance giants, will test new ways of tabulating linear TV audiences using Comscore and VideoAmp, and examine recent viewership data.

Brian Steinberg-Senior Jon Steinlauf audience testing Nielsen AT&T

09.02.2022 / 16:55

AT&T, Discovery Gain U.S. Clearance for WarnerMedia Deal

Brian Steinberg Senior TV EditorAT&T and Discovery have gained clearance for their much-anticipated deal to spin off WarnerMedia so it can merge with Discovery, a deal that has already been approved in Europe. The approval of Discovery shareholders is the last barrier to the deal moving forward.The companies disclosed the matter in two different filings Wednesday with the U.S.

David Zaslav Warner Bros Brian Steinberg-Senior USA Department CEO Party AT&T

02.02.2022 / 20:25

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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