WarnerMedia

The communication services sector has stayed hot throughout a volatile year of trading in 2021.  In fact, year-to-date, the Communication Services Select Sector SPDR Fund (NYSE: XLC) has a total return of 26.8% compared to a total return of 21.7% for the SPDR S&P 500 ETF Trust (NYSE: SPY...

AT&T Inc (NYSE: T) has been a hot stock for discussion given the company's decision to spin off its streaming business to focus on its communication assets. The decision to get "back-to-basics" led to an analyst upgrade Friday.  The AT&T Analyst: UBS analyst John C....

Shares of ViacomCBS Inc. (NASDAQ: VIAC) fell almost 4% in the regular trading session on Monday and further declined more than 3% in the extended session. What Happened: ViacomCBS said Monday that ViacomCBS Networks International (VCNI) has agreed to acquire Latin American broadcaster Chilevisi...

Struggling movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) is likely getting discounts on film-rental fees from AT&T Inc.’s (NYSE: T) subsidiary WarnerMedia, the Wall Street Journal reported Thursday. What Happened: During an earnings call Wednesday, AMC Chief...

Due to the COVID-19 pandemic, the media and entertainment business is losing revenue from movie tickets, cable subscriptions, and television ads. Telecom giant AT&T Inc’s (NYSE: T) subsidiary WarnerMedia LLC is the latest in the sector to consider layoffs as a cost-cutting measure,...

AT&T Inc. (NYSE: T)'s WarnerMedia unit detailed its new HBO Max direct-to-consumer strategy, including pricing points and programming options. What To Know HBO's streaming platform will launch in May 2020 and will cost $14.99 a month, the company said in a press release. The platform...

One of the most iconic TV shows of all time, "Friends," will continue to stream on Netflix, Inc. (NASDAQ: NFLX)'s platform for at least one more year. What Happened Many Netflix users on Monday were disappointed to find out that the show page for the hit 1990s comedy sitcom indicated...

Analysts are parsing key questions about AT&T Inc. (NYSE: T) after the telecom company's analyst day, including the progress of the WarnerMedia integration and wireless services performance.  The Analysts Wells Fargo analyst Jennifer M. Fritzsche maintained an Overweight rating...

AT&T Inc. (NYSE: T) shares were trading lower by more than 6 percent Wednesday morning after the company reported mixed third-quarter results before the open.  What Happened AT&T said it earned 90 cents per share in Q3 on revenue of $45.7 billion versus expectations of 94 cents per...