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AT&T continued to tout its investments in 5G technology, convening a full-day event at the WarnerMedia Innovation Lab in New York, announcing new partnerships along with panels and demos.

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AT&T, WarnerMedia Sell Playdemic Mobile Game Studio To Electronic Arts For $1.4 Billion

AT&T and WarnerMedia are selling Playdemic, the mobile games studio behind Golf Clash, to Electronic Arts for $1.4 billion in cash.

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Comcast CEO Brian Roberts On Warner Bros. Discovery – “What AT&T Does Sort Of Speaks For Itself”

One by one titans of media are delicately weighing on deals last month that will reshape the landscape with Comcast CEO Brian Roberts saying AT&T’s move to unload WarnerMedia “speaks for itself.”

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HBO Max “Would Not Be Where It Is Today” Without AT&T, John Stankey Asserts

WarnerMedia streaming service HBO Max “would not be where it is today” without the company being part of AT&T, John Stankey asserted, even though that won’t be the case much longer.

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AT&T Will Owe $1.8 Billion Breakup Fee If It Drops Discovery Deal

AT&T will pay Discovery a $1.77 billion breakup fee if it backs out of its deal to sell off its WarnerMedia segment, according to a Plan of Merger filed on Thursday.If Discovery backs out of the deal, it will owe AT&T a breakup fee of $720 million. The terms were disclosed in a filing on Thursday.

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David Zaslav Lauds AT&T Boss John Stankey For Packing “Full Suitcase” Of Content Into WarnerMedia, But Some On Wall Street See Legacy Assets Deferring Streaming Dreams

Discovery chief David Zaslav, whose sizable corner of the media business is getting a lot bigger, said he had previously looked at the idea of creating a “global HBO,” but all the best series were taken.

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Makan Delrahim, DOJ Antitrust Chief Who Challenged AT&T-Time Warner Merger, Takes Different View Of WarnerMedia Spinoff

Makan Delrahim, who as the Justice Department’s antitrust chief during Donald Trump’s administration challenged AT&T’s combination with Time Warner, has a different view of the planned spinoff of WarnerMedia.

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AT&T and Discovery Chiefs Reveal How WarnerMedia Mega-Deal Came Together

Discovery combine into a single media juggernaut was hatched during a series of meetings and calls in the Greenwich Village townhouse of Discovery chief David Zaslav.But it might never have come about were it not for Zaslav and AT&T chief John Stankey’s shared passion for golf. The two men were commiserating via text message about how, due to COVID restrictions, they weren’t going to be able to see each other in person at last winter’s AT&T Pebble Beach Pro-Am.

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30.04.2021 / 19:39

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AT&T CEO Touts CNN Edit Independence, HBO Max Early Progress

AT&T CEO John Stankeylauded WarnerMedia's CNN and streaming service HBO Max during the telecom giant’s annual shareholder meeting on Friday.

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AT&T CEO John Stankey Says ‘Godzilla Vs. Kong’ Theatrical Might Shows “A Rising Tide Lifts All Boats”

AT&T CEO John Stankey took a Godzilla vs. Kong victory lap Thursday as the film managed to storm the domestic box office and provide a solid boost for HBO Max.

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HBO And HBO Max Add 2.7M Subscribers In Q1, AT&T Reports As It Beats Wall Street Earnings Expectations

On a combined basis, HBO and HBO Max added 2.7 subscribers in the first quarter, WarnerMedia parent AT&T reported.

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HBO Max Will Hit 120M To 150M Subscribers By 2025, With AVOD Tier Launching In June, AT&T Says

HBO Max, the streaming service launched by WarnerMedia in May 2020, will reach 120 million to 150 million subscribers by 2025, AT&T said this morning.

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01.03.2021 / 22:40

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AT&T Cuts Losses on DirecTV as Wall Street Wonders If a Dish Merger Is Next

In the summer of 2015, telecom giant AT&T closed its acquisition of satellite powerhouse DirecTV, touting its new role as "the largest pay TV provider" in the world. Price tag: $67 billion, including debt.

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26.02.2021 / 07:37

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AT&T to Sell Stake in DirecTV and Video Business to TPG

Telecom giant AT&T, led by CEO John Stankey, has struck a deal to sell a minority stake in its satellite TV unit DirecTV, AT&T TV and its U-Verse business to private equity firm TPG. The companies will form a new venture, to be called DirecTV, that will own and operate the pay video services.

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AT&T Inks DirecTV Deal With Private Equity Firm TPG; Warner Media Parent Will Retain 70%, Net $7.8 Billion In Cash

WarnerMedia parent AT&T said Thursday it’s clinched a deal to sell a significant minority satellite in DirecTV, U-Verse and AT&T TV to private equity group TPG in a deal will net the telecom giant $7.8 billion in cash.

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DirecTV to Become Standalone Company Through AT&T, TPG Capital Pact

Cynthia Littleton Business EditorAT&T has set a deal with TPG Capital that calls for the struggling satellite TV provider DirecTV to become a standalone company in which TPG would own a 30% stake.The sides have been in talks for months as AT&T has sought to find a solution to the problem of DirecTV’s subscriber losses dragging down the company’s overall results. The pact with TPG implies an enterprise value of $16.25 billion, a far cry from the $48.5 billion that AT&T paid for DirecTV in 2015.The deal covers DirecTV, AT&T TV and AT&T’s smaller U-verse MVPD service.

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AT&T CEO John Stankey Says Production During Covid Is “Hand To Mouth” And “Show By Show” But Hopes Worst Is Over

John Stankey, chief executive of WarnerMedia parent AT&T, compared current production challenges to a “battle” as the studio struggles to wade through shutdowns.

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AT&T Q4: HBO Max Activations Double to 17.2 Million, Warner Bros. Revenue Declines 21%

Todd Spangler NY Digital EditorAT&T said “Wonder Woman 1984” helped HBO Max double activations — to 17.2 million — in the fourth quarter of 2020. But a 21% decline in Warner Bros.

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25.01.2021 / 22:37

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Randall Stephenson Becomes AT&T Consultant, Steps Down as Executive Chairman

Randall Stephenson, AT&T's former chairman and CEO, has made good on his retirement from the telco giant, but with a one-year consultancy agreement in hand as he leaves the company's boardroom. On Monday, AT&T in an SEC filing said Stephenson on Jan.

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AT&T Phases Out AT&T TV Now

AT&T as expected is phasing out its AT&T TV Now skinny bundle, announcing Tuesday that the service has merged with AT&T TV as it continues to streamline its video offerings.

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AT&T CFO John Stephens Says Warner Bros. Has “Long History Working With Talent” But Covid Is A Reality “We Can’t Change”

John Stephens, the outgoing CFO of WarnerMedia parent AT&T, defended the company’s move to release its 2021 film slate concurrently on HBO Max and in theaters and cited Warner Bros. century-long relationship with Hollywood talent — with some disgruntled at the move and the way it was communicated.

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Frequently Asked Questions About AT&T

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