Showtime in the Stock Market
Netflix and Paramount Global recently reported stock gains and Disney, Warner Bros. Discovery, Lions Gate Entertainment, and AMC Entertainment are set to reveal results, showing signs of industry growth, but potential vi...
The value of media groups
The combined market value of the largest media and entertainment conglomerates has fallen by more than $0.5 trillion this year as a result of falling share prices. This was reported by the Financial Times (FT).
Media, whic...
Closing a month after launch
US broadcaster CNN has announced that 30 April will be the last day of operation of its own streaming service CNN+. This was reported by The Wall Street Journal.
The decision to close the streaming platform comes less t...
AT&T recovery
Although AT&T's (NYSE:T) merger with TimeWarner in 2018 has been blamed for holding the telecoms giant back for years, the market has not exactly rewarded Mother Bell's decision to divest his WarnerMedia unit and merge it with ...
Sale of advertising division
AT&T (T) will sell its advertising division to Xandr Microsoft (MSFT) for an undisclosed sum. The deal should benefit both companies and is indicative of AT&T's ongoing restructuring...
The company's shares at risk
AT&T (T) shares have fallen 13% since the start of 2021 and 20.5% in the past six months. Market analysts say AT&T shares could fall even lower because of the dividend cut that will follow the separation of media...
Buying $1 million worth of stock
AT&T shares fell about 7% after the company confirmed last week that its WarnerMedia unit would be merged with Discovery in a $43bn deal.
Meanwhile, CEO John Stankey ...
Dividend cut
AT&T shares fell 5.8% on Tuesday, following a 3% fall on Monday, as investors react to the company's announcement of a 40%-43% cut in its dividend payout ratio.
AT&T shares rose initially on Monday before falling in the second ...
Shares sale
Banks Nomura and Credit Suisse on Monday warned of significant losses related to the default of hedge fund Archegos Capital. A number of stocks, including ViacomCBS, Discovery, Baidu and Tencent Music, posted their biggest ...
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