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Exclusive: Marketing Pro Craig Greiwe On How The Biggest Personalities, Media Houses Like Lionsgate Can Grow During The Pandemic
Wednesday, December 16, 2020 - 9:10am | 1542The pandemic devastated the global economy, forcing businesses and content providers to rethink their marketing and communications strategies. In unpacking how the biggest personalities and organizations like Lionsgate, DreamWorks, AMC Entertainment Holdings Inc (NYSE: AMC), Facebook Inc (NASDAQ:...
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Selling DirecTV Could Simplify AT&T's Business: BofA Analyst
Monday, August 31, 2020 - 2:02pm | 388AT&T Inc. (NYSE: T) is in talks with private equity investors to potentially sell its DirecTV business, The Wall Street Journal reported Friday. AT&T’s efforts to sell its stake in the satellite TV unit may outweigh the financial benefits expected from the sale,...
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AT&T Eyeing Sale Of Half Its DirecTV Stake: Report
Saturday, August 29, 2020 - 4:37pm | 423AT&T (NYSE: T), has hired Goldman Sachs Group Inc. (NYSE: GS) to see through the process of offloading its stake in DirecTV, according to a Wall Street Journal report. What Happened: AT&T acquired DirecTV in 2015, and the total purchase price including assumed debt was about...
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Report: AT&T Exploring Sale Of DirecTV Unit
Thursday, September 19, 2019 - 9:14am | 347AT&T Inc. (NYSE: T) is evaluating a sale of its satellite business DirecTV, which would mark a departure from a prior corporate strategy, The Wall Street Journal reported. AT&T acquired DirecTV in 2015 and now is considering multiple strategic alternatives, including a spinoff of the...
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CBS Warns That DirectTV, U-Verse Might Drop Network If Deal Isn't Reached By July 19
Tuesday, July 16, 2019 - 4:39pm | 456CBS Corporation (NYSE: CBS) said Tuesday it continues to negotiate “resolutely and in good faith” but warned that so far it has been unable to reach an agreement to keep its programming on various cable and satellite services owned by AT&T Inc. (NYSE: T), which could result in a...
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AT&T, Viacom Strike Contract Renewal And Avoid Potential Blackout
Monday, March 25, 2019 - 9:02am | 346Viacom, Inc. (NASDAQ: VIA) and AT&T Inc. (NYSE: T) reached an agreement Monday morning to extend a carriage deal after the prior contract ended Friday. What Happened Viacom and AT&T continued to negotiate over the weekend carriage of Viacom's networks on AT&T's DirecTV, U-verse...
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Analysts: AT&T Earnings Weren't That Bad
Thursday, January 31, 2019 - 11:48am | 508AT&T, Inc. (NYSE: T) dropped 4.3 percent Wednesday after the company missed consensus estimates for revenue and wireless subscribers in the fourth quarter. AT&T’s revenue of $47.99 billion missed estimates of $48.5 billion. AT&T also reported net additions of 134,000 phone...
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AT&T's Worst Trading Day In Years, Explained
Friday, October 13, 2017 - 9:08am | 386Thursday was a difficult day for AT&T Inc. (NYSE: T) investors as the stock lost more than 6 percent in what ended up being its worst single-day performance dating back to 2013. Investors were reacting to the company's announcement that its upcoming earnings report will show a loss of 390,...
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Federal Prosecutor: DirecTV Owes Customers Nearly $4 Billion For Deceptive Ads
Tuesday, August 15, 2017 - 1:39pm | 380DirecTV is on trial in federal court for allegedly deceiving its customers about the cost of their satellite subscriptions, and the U.S. Federal Trade Commission wants the company to cough up $3.95 billion in restitution. The trial kicked off Monday with opening arguments in U.S. District Court in...
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Analyst Says 31 Million Homes Could Cut Cord On Legacy Media; New Study Shows 64% Of U.S. Households Now Stream Programs
Monday, July 24, 2017 - 3:45pm | 616Cling to legacy media at your own peril. Barclays analyst Kannan Venkateshwar said 31 million homes in the United States could cut the cord on pay television or drastically scale back on such services as more consumers opt for Internet-delivered entertainment. In a note on Monday, he predicted...
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AT&T Opens Unlimited Plan To All Customers; Is There Any Real Difference Among Big Phone's Big 4?
Sunday, February 19, 2017 - 3:11pm | 683AT&T Inc. (NYSE: T) may have had the adage "better late than never" in mind when it took a plunge into the ring to combat against the rest of its peers in offering unlimited data plan for all its customers. AT&T already provides unlimited to data to customers, who have subscribed to its...
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AT&T's Deadline To Respond To FCC 'Zero Rating' Concerns Draws Near
Saturday, November 19, 2016 - 8:44pm | 475AT&T Inc. (NYSE: T) has recently been pulled up by the Federal Communication Commission for allowing its mobility customers, who also subscribe to DIRECTV's satellite TV service, to stream content through the DIRECTVApp on a zero-rated basis. Zero-rated service would mean the usage of data...
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AT&T Will Offer 100 Channels For $35 A Month If Merger Approved
Tuesday, October 25, 2016 - 2:34pm | 303When AT&T Inc. (NYSE: T) acquired DIRECTV, management said it would launch an Over-The-Top (OTT) streaming TV subscription service in the fall. Now, it seems like AT&T's CEO confirmed the launch. The new "all in" OTT offering will include 100 channels and cost $35 per...
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The AT&T-Time Warner Deal Is Starting To Raise Eyebrows
Tuesday, October 25, 2016 - 12:13pm | 386Loop Capital Markets said in a research note released Tuesday that skepticism abounds regarding the closure of AT&T Inc.(NYSE: T)'s proposed buyout of Time Warner Inc (NYSE: TWX). Analyst David Miller said there is increased uncertainty over whether regulators will give their...
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What Makes Time Warner Twice As Valuable To AT&T Than DirecTV?
Monday, October 24, 2016 - 1:18pm | 551With AT&T Inc. (NYSE: T) stepping in to lap up Time Warner Inc (NYSE: TWX) in a $108.7 billion cash and stock deal, the Street has got excited over the potential combination. Not long ago, AT&T clinched another deal with DirecTV that provided the former an avenue to circumvent the softness...