AT&T


WarnerMedia launches inaugural esports event

WarnerMedia has announced its first esports initiative. The announcement comes a little under a year after the company was acquired by AT&T in a deal valued at US$85 billion (€75.8 billion). The initiative itself is a Mortal Kombat 11 tournament series, culminating in a grand final in Austin, Texas on July 6. The event – […]

WarnerMedia to unveil details of streaming service

AT&T chairman and CEO Randall Stephenson has confirmed that WarnerMedia is to unveil its streaming service in the fourth quarter of 2019. During an AT&T earnings call, Stephenson said the company is planning to demonstrate the paid video service to investors in either September or October. “We’re going to give you a detailed look at […]

Hulu buys back AT&T stake

US streaming service Hulu has struck a deal with AT&T to take back a 9.5% minority stake from the company for US$1.43 billion, as the telecoms company looks to reduce its debt. The transaction valued Hulu a US$15 billion. It did not require any governmental or other third-party approvals and was simultaneously signed and closed. […]

WarnerMedia chief slams report of potential HBO Europe sale

WarnerMedia has emphatically denied a story published by the Financial Times that its new owner AT&T was mulling a sale of HBO Europe in a bid to reduce its US$170 million debt following the US telco’s acquisition of Time Warner. “We normally do not comment on speculation, but when a news outlet is advised that […]

Disney, AT&T, Comcast will struggle to dethrone Netflix, claims report

Rethink TV, the TV research arm of UK-based Rethink Technology Research has released a sobering forecast of the video revenues for three of the world’s largest Pay TV and studio groupings and Netflix, in which it finds that the only one that will have rock steady, uninterrupted growth is the global SVOD giant – creator […]

FT reports that AT&T has considered selling HBO Europe

Reports in the Financial Times suggest that telco AT&T has had internal discussions about selling Central European broadcasting and content studio HBO Europe in a bid to reduce its huge $170bn debt. The HBO global brand became part of AT&T after the group completed its $85bn acquisition of Time Warner last year. The decision to […]

WarnerMedia revamps leadership team ahead of streaming launch

WarnerMedia has reorganised its leadership team and has named Robert Greenblatt, formerly chairman of NBC Entertainment, as chairman of WarnerMedia Entertainment and direct-to-consumer, following completion of AT&T’s US$81 billion acquisition of Time Warner. WarnerMedia CEO John Stankey has also given expanded roles to Jeff Zucker, who becomes Chairman, WarnerMedia News & Sports, and President, CNN; […]

HBO chief Plepler steps down amid WarnerMedia consolidation moves

HBO CEO Richard Plepler has abruptly stepped down from the AT&T-owned company after 27 years of service, as WarnerMedia looks to reorganise its operations. Plepler’s decision arrived on Thursday, days after the United States Court of Appeals rejected the US Justice Department’s last-ditch attempt to break up the AT&T-Time Warner merger. AT&T has moved quickly […]

Disney reportedly in talks to acquire WarnerMedia Hulu stake

Disney is in active talks with AT&T to acquire WarnerMedia’s 10% stake in Hulu, according to Variety. The house of mouse is already set to own 60% of the US streamer once it closes its acquisition of 21stCentury Fox assets. If the deal with WarnerMedia were to go forward, it would have a majority stake […]

AT&T chief says WarnerMedia streamer will rely on mixed revenue model

WarnerMedia’s new streaming service will work with a mix of ad-supported and ad-free models to keep the business profitable, according to AT&T chief executive Randall Stephenson. Speaking as AT&T released Q4 earnings, Stephenson said: “We are strong believers and what [WarnerMedia chief] John Stankey likes to call two-sided business models” combining subscription and advertising elements. […]

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