AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they o...
Tag: Spinoff
BAYC Spin-Off Collection Witnesses Legal Battles and Copyright Issues
Bored Ape is a significant NFT project and a spin-off series by the name Caked Ape was launched in January. And now the Caked Apes collections team is behind each other filing lawsuits. The suit clai...
Bored Ape NFT spinoff collection sparks a copyright lawsuit
TL;DR Breakdown Bored Ape NFT spinoff Caked Apes ends up in a copyright lawsuit. WME signs the BAYC DJ duo Escapeplan zETH and ETHan, under pseudonyms Bored Apes #309 and #4321 respectfully. Over the ...
Bored Ape Spinoff NFT Collection Leads to Legal Battles Over Copyright
There is no denying the popularity of the Bored Ape Yacht Club NFT collection, so much so that a number of spinoffs have emerged sparking a legal battle between digital artists. A spinoff series of BA...
SCMP Announces A New Venture Artifact Labs: NFT Business Spin-Off
South China Morning Post newspapers expanded their revenue generation quite creatively by starting to sell NFTs related to historical events previously. The Non-Fungible Tokens (NFTs) are of the...
South China Morning Post (SCMP) To Spin-off NFT Unit After Strong Sales
Hong Kong newspaper The South China Morning Post (SCMP) said on Wednesday it will spin off its NFT-related venture into a separate company. The unit, called Artifact Labs, will be headed by SCMP’s cur...
WarnerMedia Spinoff Will Mark ‘Starting Line of a New Era’ for AT&T, CEO Says
On 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 it...
Is ‘The Walking Dead’ Prepping A ‘Negan’ Spin-Off Series?
The Walking Dead AMC The Walking Dead continues to be deep into its comic-based Commonwealth arc, with last night’s episode about a conspiracy-stricken Eugene, where as it turns out, everyone was cons...
This Dogecoin spin-off once rallied by 4,276%, but still continues to surprise
Dogelon Mars needs no introduction, yet it needs an introduction. Despite being one of the top performers of 2021, the memecoin maintains its value of nothing. The Dogecoin-inspired token might be hig...
Sears spinoff Seritage explores alternatives, Eddie Lampert quits board
Eddie Lampert, former CEO of Sears. Source: Sears Holdings Seritage Growth Properties, a real estate investment trust that was spun out of embattled department store chain Sears in 2015, said Tuesday ...
Ford CEO Shuts Down EV Spinoff Rumors. The Ford Family Won’t Let It Happen.
Ford Motor CEO Jim Farley told investors Wednesday there were no plans to spin off his company’s electric vehicle business. That shouldn’t be a surprise. The Ford family is unlikely to ever let an EV ...
Ford Stock Leaps On Report It’s Considering EV Division Spin-Off
Updated at 11:53 am EST Ford (F) – Get Ford Motor Company Report shares jumped higher Friday following a report that the carmaker is mulling the split its electric vehicle business from its leg...
Ford shares pop on report of potential spinoff of EV business
Ford CEO Jim Farley speaks with reporters outside the company’s world headquarters on May 19 in Dearborn, Michigan, following the debut of the electric F-150 Lightning pickup truck Michael Wayla...
Hasbro activist wants toy company to spin-off Wizards of the Coast
An activist investor wants to add new members to Hasbro’s board and is urging the toy company to make changes to its current business strategy, including spinning off its lucrative Wizards of th...
With Spinoff, AT&T Picks Safer Exit for WarnerMedia
Now 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...
AT&T Earnings Beat Forecasts. The Stock Can’t Get Past Spinoff Uncertainty.
Text size AT&T stock rose despite a “disappointing” earnings outlook. Justin Sullivan/Getty Images AT&T ‘s reported fourth-quarter results on Wednesday that continued a streak of s...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors
Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...