Jeff Zucker attends CNN Heroes at the American Museum of Natural History in New York City. (Photo … [+] by Mike Coppola/Getty Images for WarnerMedia) Getty Images for WarnerMedia The bombshell e...
Tag: WarnerMedia
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...
T Stock Falls On Slashed Dividend, Spin Off Of WarnerMedia Stake
AT&T fell on Tuesday after the company said it will spin off its stake in WarnerMedia to shareholders as part of the Discovery (DISCA) merger. The annual dividend of T stock will fall by about 46%...
AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend
Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...
AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal
AT&T announced that its board has decided to spin off the telco’s interest in WarnerMedia — rather than structure the media conglom’s divestiture as a split-off. The transaction will spin off 100%...
Discovery Shares Jump 16% As Excitement Builds Around WarnerMedia Deal
Topline Shares of media conglomerate Discovery surged 16% on Friday, gaining momentum as investors eagerly anticipate a massive $43 billion merger with AT&T’s WarnerMedia, which cleared several re...