DISCB News and Press, Discovery Inc. Series B Common Stock From 03/03/22

AT&T is set to spin off WarnerMedia sometime in April. The new company will have a large content library, but a lot of leverage. AT&T has underperformed the broader market over the past two decades by 400%. Is AT&T a buy? The stock is cheap, but management miscues ...

CNN+ (T +0.6%) will charge forward into the streaming void this month even as it wraps up a messy scramble at the very top of CNN that resulted in a change of leadership at the longtime news network. One month ago, veteran CNN chief Jeff Zucker stunned colleagues by resigning, pointing to an ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AT&T (NYSE: T ) plans on spinning off its WarnerMedia division very soon into a new company called Warner Bros. Discovery , which will likely have the symbol WBD. As a result, T stock looks like it could be good ...

CHRIS LICHT NAMED CHAIRMAN AND CEO OF CNN GLOBAL AS PART OF PLANNED WARNER BROS. DISCOVERY TRANSACTION PR Newswire NEW YORK , Feb. 28, 2022 /PRNewswire/ -- Discovery, Inc. today announced its plans to appoint Chris Licht as the new chairman and chief exec...

Discovery (DISCA -2.3%) confirms that Chris Licht will lead CNN after the completion of Discovery's acquisition of WarnerMedia (T -1.4%) early in the second quarter. “I have known and admired Chris for more than 15 years and strongly believe he is the best person to lead CNN Global as ...

WarnerMedia (T -1.2%) is set to replace Jeff Zucker as the leader of CNN with CBS (PARA +0.1%) executive Chris Licht, according to media reports. Licht, executive VP of special programming at CBS, will be named as soon as the coming week. Licht has built up two news programs and is currently ...

David Einhorn's 13F stock portfolio value increased from $1.49B to $1.75B this quarter. Greenlight increased Capri Holdings, ODP Group, Livanova, & Victoria’s Secret while reducing Twitter, Concentrix, & EchoStar. They also added Global Payments while dropping AerCap an...

Discovery, Inc. (DISCA) Q4 2021 Earnings Conference Call February 24, 2022, 08:00 AM ET Company Participants David Zaslav - President and CEO Gunnar Wiedenfels - CFO JB Perrette - President and CEO, Discovery Streaming & international Andrew Slabin - EVP, Global Investor Strategy Conferen...

Discovery (NASDAQ:DISCA) is 5.9% lower amid some broader media-sector declines Thursday, following on its fourth-quarter earnings report - likely its last before a transformative combination with WarnerMedia (T -3.4%). The company beat expectations on revenue and underlying profitability...

Discovery A press release (NASDAQ:DISCA): Q4 GAAP EPS of $0.08 misses by $0.45. Revenue of $3.19B (+10.4% Y/Y) beats by $70M. Shares -4.9% PM. CEO comment: "We are pleased to receive unconditional clearance from the European Commission, the expiration of the HSR waiting period, and clearance ...