Search results
Results From The WOW.Com Content Network
On January 26, 2022, AT&T CEO John Stankey stated that the merger was expected to close sometime during the second quarter of 2022. [32] [33] On February 1, 2022, it was reported that AT&T had finalized the structure of the merger: WarnerMedia would be spun off pro rata to AT&T's shareholders, and then merge into Discovery Inc. to form the new ...
AT&T (NYSE: T) Q4 2024 Earnings Call Jan 27, 2025, 8:30 ... Operator, you can go ahead and end the call. Duration: 0 minutes. ... This article is a transcript of this conference call produced for ...
As a result, AT&T shareholders received 1.7 billion shares of WBD, representing 71% of WBD shares on a fully diluted basis.” AT&T had put in the disclaimer “$43 billion (subject to adjustments ...
The company also announced on Thursday it plans to retire up to more than $2.7 billion in additional, short-term debt. "[WBD] has its costs in a really good place now," Bank of America's Ehrlich said.
On March 4, 2019, AT&T would reorganize its broadcasting assets to effectively dissolve Turner Broadcasting System with its assets moving to the newly created WarnerMedia Entertainment with the unit consisting of HBO, TBS, TNT, TruTV, and an upcoming direct-to-consumer video service with Cartoon Network, Adult Swim, Boomerang, and Turner Classic Movies would be moved under Warner Bros ...
The company reported adjusted earnings per share of $0.05 versus a loss of $0.17 in the year-earlier period. Consensus expectations had anticipated a loss closer to $0.09 a share.
For the first time since WarnerMedia and Discovery Inc. merged earlier this year, the combined Warner Bros. Discovery reported full quarterly earnings, outlining its plan to fully integrate the ...
Warner Bros. Discovery reported Q4 earnings results that missed across the board on Thursday — but one analyst said the company's strategic plan mirrors another familiar media giant: Disney's