DISCK News and Press, Discovery Inc. From 04/06/22

WarnerMedia (T -0.4%) studio/networks chief Ann Sarnoff is exiting that role - part of an exodus that sets up a very Discovery-centric (DISCA -1.6%) leadership team as the new Warner Bros. Discovery (WBD) is just a few days away from its birth. Andy Forssell, head of HBO Max, is also reported...

WarnerMedia (T -0.8%) CEO Jason Kilar has confirmed he will exit as the AT&T entertainment unit barrels toward a merger with Discovery (DISCA -1.5%). “With the pending transaction with Discovery nearing close, now is the right time to share with each of you that I will be departing...

It's April 5, the record date for AT&T's (T -0.7%) spin-off of WarnerMedia for a blockbuster combination with Discovery (DISCA -2%), and that's an occasion for MoffettNathanson to set up its expectations for the communications company that will stay behind. AT&T deserves some credit f...

AT&T has been a bad investment over the last couple of years, but that could change soon. The upcoming media spin-off should create considerable value for investors in the long run. Both WarnerMedia as well as core AT&T look inexpensive and could offer compelling upside po...

AT&T announced last week that April 5th at market close will be the record date for AT&T shareholders eligible for the special stock dividend pertaining to the upcoming WBD transaction. The telecom giant also filed a 652-page Form 8K document detailing the transaction structur...

An updated model from Citi ahead of the AT&T/WarnerMedia spin-off has the bank maintaining its Buy rating on AT&T (NYSE:T), expecting room for multiple expansion amid prospects of growing revenue and EBITDA. The new model cuts back on an announced net debt reduction of $43 billion by ...

Management's decision to cut dividends alienates a broad segment of the company's shareholder base, suppressing shares. The WarnerMedia spin-off offers an attractive one-time dividend, augmenting the 4.6% forward annual distribution yield. The industry is characterized by intense ...

Telecom giant AT&T (NYSE: T) spent years, and tens of billions of dollars, attempting to turn itself into a media conglomerate. It acquired DirecTV to bolster its video business, and after nearly two years of legal wrangling, it successfully acquired Time Warner in an $85 billio...

Recently, Discovery Communications (NASDAQ: DISC.A) (NASDAQ: DISC.B) (NASDAQ: DISCK) shareholders officially approved the merger with WarnerMedia, AT&T 's (NYSE: T) soon-to-be spun-off company. The resulting company will be Warner Bros. Discovery and begin tradin...

Chaos and uncertainty rule the markets in 2022 as investors flee popular growth stocks in pursuit of safer heavens. The highly troublesome year caused many investors to go back to the one thing that matters, fundamentals. The investment philosophy made famous by the likes of Graha...