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AT&T’s Chief Executive Officer John Stankey continues to look to slim down the telecom and entertainment giant as the coronavirus slams its businesses. The telecom company that also owns HBO is in early talks to sell a digital advertising unit that it bought for $1.6 billion in 2018, The Wall Street Journal said, adding that …
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WarnerMedia’s new chief executive is wasting no time putting his stamp on the film and TV giant behind “Game of Thrones” and “Aquaman.” Jason Kilar, best known as founding CEO of Hulu, sent three top WarnerMedia executives packing on Friday after his third month on the job, including Bob Greenblatt, chairman of WarnerMedia Entertainment. Also …
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HBO owner AT&T saw its profit sink in the second quarter as the coronavirus crimped advertising revenue in its entertainment division and accelerated the decline of its satellite TV business. The telecom and media giant said COVID-19-related issues cut into earnings by $830 million, including a 22.9 percent decline in revenue from its WarnerMedia entertainment …
AT&T’s Chief Executive Officer John Stankey continues to look to slim down the telecom and entertainment giant as the coronavirus slams its businesses. The telecom company that also owns HBO is in early talks to sell a digital advertising unit that it bought for $1.6 billion in 2018, The Wall Street Journal said, adding that …
