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AT&T is back into complex deals that will distract management for the next year. The company has guided to strong growth for the wireless business, but analyst estimates were predicting the total business wouldn't top 2019 revenue levels. The dividend cut was necessary as AT&a...
Netflix has been unreasonably sold down and unjustifiably cited as losing its competitive edge due to weaker Q1’21 membership adds. However, short-sighted investors did not consider Netflix’s overall game to evaluate the strength of its moat. Netflix looks attractive...
Discovery (DISCA +0.6%) has set up a $2.5B revolving credit facility with a five-year term. That replaces a similar existing agreement from 2016, which has been terminated. The new agreement allows commitments to be increased by $3.5B (to a total of $6B) upon the closing of Discovery's combin...
HGTV Smart Home 2021 in Naples, Florida, Sweepstakes to Close on June 11 The Winner Will Be Awarded a Grand Prize Packaged Valued at Over $1.1 Million PR Newswire NEW YORK , June 11, 2021 /PRNewswire/ -- The HGTV® Smart Home 2021 located in Naples, Flo...
After failing to successfully integrate Time Warner, we believe that spinning off its media assets and merging them with Discovery is the right thing to do for AT&T. AT&T will finally be able to retire a significant portion of its debt and focus on implementing its 5G initiati...
GAC Media has acquired the Great American Country ((GAC)) Network from Discovery (DISCA). The commercial terms were not disclosed.GAC's format comprises lifestyle programming and is available in ~40 million television households.Concurrently with its GAC acquisition, GAC Media has also acquir...
Newly-formed Investor Group, GAC Media, Acquires Great American Country From Discovery, Inc. GAC Media Also Acquires RIDE TV; Industry Veteran Bill Abbott Recruited as CEO to Drive Growth for Iconic, Family-Focused Programming PR Newswire DALLAS , June 7, 2021 ...
I made eight transactions during the month. I added around $8.50 in dividends going forward (after-tax). Dividends were up more than 700% YoY. I outperformed the S&P 500 this month. For further details see: My Portfolio May Update - 6 Buys, 2 Sells
Discovery President And CEO David Zaslav To Present At Credit Suisse's 23rd Annual Communications Conference PR Newswire NEW YORK , June 3, 2021 /PRNewswire/ -- Discovery (Nasdaq: DISCA, DISCB, DISCK) today announced that President and CEO David Zaslav will p...
Warner Media and Discovery's merger will result in a leading content and streaming company with a broad scale and appeal competing closely with Netflix and Disney. AT&T's remaining business will be a more focused one with a strong balance sheet. Our sum-of-the-parts analysis i...
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Discovery Inc. Series B Common Stock Company Name:
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NEW YORK, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a class action lawsuit has been filed on behalf of investors who: (i) exchanged Discovery, Inc. (“Discovery”) common stock (NASDAQ: DISCA, DISCB, DISCK) for Warner Bros. Discovery, Inc. (...
Discovery Inc. Series B Common Stock (NASDAQ:DISCB) traded at a new 52-week high today of $150.68. This new high was reached on above average trading volume as 494,000 shares traded hands, while the average 30-day volume is approximately 6,000 shares. Warner Bros. Discovery, the result o...
Combination of Discovery and WarnerMedia Creates Warner Bros. Discovery, Global Leader in Entertainment and Streaming Warner Bros. Discovery to Begin Trading on the Nasdaq as “WBD” on Monday, April 11 Today Discovery, Inc. and AT&T Inc. * ( ...