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Discovery, Inc. to Charge the Government of Poland with Violations to the US-Poland Bilateral Investment Treaty Notification follows failure to renew license of Poland's leading independent broadcasting group TVN, and vote to advance discriminatory legislation against TVN; legis...
AT&T's (NYSE:T) latest shareholder update turns its focus on the company's core simplification efforts and realignment around wireless and fiber communications ahead of media spin-off plans. Speaking at an Oppenheimer conference, Chief Financial Officer Pascal Desroches says the company h...
AT&T's (NYSE:T) WarnerMedia is in discussions to sell its tabloid entertainment brand TMZ to Fox (FOX, FOXA), The Information reports. It's the latest move from AT&T to sell off its businesses in order to focus on connectivity - moves that will find their nexus in the planned spinoff ...
AT&T's shares have been sliding since its announced spin-off, but we view this as a bullish move. The company can now focus on what it does best, communication, while also retaining ownership of a valuable Media asset. AT&T is on its way to becoming a lean and mean cash ma...
Jeff Zucker - the CNN honcho who became chairman of News and Sports at WarnerMedia (NYSE:T) - is staying put at the company at least until the unit is merged with Discovery (NASDAQ:DISCA), CNBC reports. That would mark a delay from an exit that was planned for the end of this year, when his c...
Discovery is currently trading at a low free cash flow multiple due to concerns of cable subscriber losses. The merger with WarnerMedia will give the company enough critical mass of media content to compete with Netflix and Disney in the direct-to-consumer space via Discovery+ and HBO...
Discovery, Inc. (DISCA) Q2 2021 Earnings Conference Call August 3, 2021 8:00 AM ET Company Participants Andrew Slabin - EVP, Global Investor Strategy, Investor Relations David Zaslav - President & Chief Executive Officer Gunnar Wiedenfels - Chief Financial Office JB Perrette - President &...
Discovery is cheap and offers high upside. The merger with WarnerMedia will make Discovery an absolute streaming beast. The company has a good probability of beating revenue expectations. For further details see: Discovery: The Undervalued Streaming Giant
Discovery (NASDAQ:DISCA) is 4.8% lower today after its second-quarter earnings report, where the company beat on financial measures but disappointed observers who were focused on growth of the company's streaming efforts. Revenues rose 21% to $3.06B; they were up 18% excluding foreign exchang...
ViacomCBS is basically selling for the same price as late 2019, despite wild swings lower and higher since my last bullish article. The company is making solid progress in rolling out several streaming services the past few years. Strong and improving earnings and free cash flow h...
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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. * ( ...