The march to the launch of HBO Max in May is driving changes across WarnerMedia. John Stankey, AT&T chief operating officer and WarnerMedia chairman, told investors on Wednesday that cable powe…
The march to the launch of HBO Max in May is driving changes across WarnerMedia. John Stankey, AT&T chief operating officer and WarnerMedia chairman, told investors on Wednesday that cable powerhouses TNT and TBS will lean into more unscripted programming as WarnerMedia steers its investment in high-end scripted programming to the nascent subscription streaming platform. [...]AT&T Q4: WarnerMedia Takes $1.2 Billion Hit on HBO Max Investment, Telco Loses 1.
AT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to see rapid deterioration in its pay-TV business, losing a total of nearly 1.2 million subscribers in Q4. WarnerMedia — comprising Turner, HBO and [...]UPDATED: The Hong Kong stock market tumbled by nearly 3% as it reopened on Wednesday.
Apple turned in stellar results for the 2019 holiday quarter — its biggest ever in terms of revenue and earnings — including strong growth in its services business and a return to growth in iPhone revenue, which climbed 8%. Revenue hit an all-time quarterly high of $91.82 billion, up 9% versus the year-ago period, for [...]BuzzFeed News editor-in-chief Ben Smith is leaving the company to join The New York Times as its media columnist, stepping into the role once held by the late David Carr.
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AT&T Says TBS, TNT To Add Unscripted Content, HBO Max “Critical” To SuccessAT&T COO John Stankey said programming at Turner’s TNT and TBS will shift to more unscripted programming as general entertainment networks suffer in the ratings. The networks, which face …
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AT&T Loses 1.16M Streaming, Pay TV Subs, HBO Max Hits WarnerMedia EarningsAT&T lost 219,000 subscribers at its AT&T TV Now streaming service and 945,00 premium TV subscribers in the fourth quarter. WarnerMedia's earnings were hit by investment and foregone revenue tied to upcoming streamer HBO Max.
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AT&T Q4: WarnerMedia Takes $1.2 Billion Hit on HBO Max Investment, Telco Loses 1.2 Million TV SubscribersAT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to …
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HBO Max Content Spend Squeezes AT&T RevenueAT&T said content spending on WarnerMedia’s upcoming streaming service HBO Max pinched revenue, which eased to $4.68 billion in the fourth quarter from $4.8 billion the year before. Exclu…
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Analysts Hope AT&T Earns Shed Light On HBO Max, TurnerAT&T Wednesday reports its first full calendar year financials after officially tucking up Time Warner. It’s been a tumultuous 12 months with a refashioned WarnerMedia the object of some admira…
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HBO Tops NPACT Survey of Where Unscripted Producers Want to WorkAsk a nonfiction producer where they’d like their shows to land, and chances are HBO is at the top of the list. According to a new survey conducted by NPACT, the trade association for nonfict…
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