DISCK News and Press, Discovery Inc. From 03/14/22

AT&T's (T -1.1%) key presentation ahead of its Discovery (DISCA +0.4%) deal closing, at Friday's Investor Day, has drawn mostly positive reactions from a number of covering analysts who praised the extra detail even if it didn't break new ground on guidance. Wall Street is generally in a ...

AT&T (T -0.2%) is pitching its stock as appealing to investors after it separates from the media space, suggesting it will be an attractively priced company paying dividends and targeting earnings growth. Speaking to a Deutsche Bank conference, Chief Financial Officer Pascal Desroches add...

XLC is likely to underperform the broader market throughout the remainder of the 2020s. We break XLC down into three groups--software, entertainment, and telecoms--and analyze them one by one. Software and entertainment stocks are at unsustainable valuations; historically this has...

Discovery (DISCA -1.3%) stockholders have approved the company's media merger with WarnerMedia (T +1.6%), the last key formality before the creation of Warner Bros. Discovery as a key media-industry player. At a special meeting the shareholders signed off on charter amendments, a proposal to ...

Discovery, Inc. Stockholders Approve Proposals Related to Discovery, Inc.'s Acquisition of WarnerMedia PR Newswire NEW YORK , March 11, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced that the Company's stockholders have approve...

CNN (T +0.1%) has confirmed it's launching its high-stakes subscription service March 29 - and that it will be pressing a "lifetime" deal with discounts for quick sign-ups. In a discussion it's planning for Austin's South by Southwest Festival, the company says "March 29 will be an important ...

AT&T (NYSE:T) has set a roadmap for growth following a media merger with Discovery (NASDAQ:DISCA) in comments released ahead of today's Investor Day presentations - including guidance toward free cash flow in the $20 billion range in 2023. With the close of the deal (and the creation of W...

Discovery Announces Pricing of $30.0 Billion Senior Notes Offering by Magallanes, Inc. PR Newswire NEW YORK , March 9, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (Nasdaq: DISCA, DISCB, DISCK) announced today that Magallanes, Inc. ("Sp...

DISCOVERY CHIEF FINANCIAL OFFICER GUNNAR WIEDENFELS TO PRESENT AT DEUTSCHE BANK'S 30TH ANNUAL MEDIA, INTERNET, & TELECOM CONFERENCE DISCOVERY CHIEF FINANCIAL OFFICER GUNNAR WIEDENFELS TO PRESENT AT DEUTSCHE BANK'S 30TH ANNUAL MEDIA, INTERNET, & TELECOM CONFERENCE PR ...

Exiting CNN chief Jeff Zucker has sealed a deal with WarnerMedia (T +1.9%) over his departure and won't sue as part of the arrangement, Deadline Hollywood reports. Zucker resigned abruptly about five weeks ago, citing an undisclosed relationship with a CNN employee, PR/marketing chief Allison...