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March Madness may be the single most profitable TV contract in sports. Paramount Global's CBS's contract with the NCAA for March Madness is emblematic of a strong approach to sports contracts. Almost alone of major content companies, Paramount Global has a series of strong, profit...
The telecommunications and media entertainment industries in the US are about to be fundamentally changed by a blockbuster merger. On March 11, Discovery Inc shareholders voted to proceed with the merger between Discovery and AT&T Inc's WarnerMedia unit. While there is ample u...
At first blush it seems like a step in the wrong direction. Walt Disney (NYSE: DIS) is a premium brand and should be treated as such. A lower-cost, ad-supported version of Disney+ slated for launch later this year arguably taints the brand, ultimately working against the draw of the...
Southeastern’s 13F portfolio value increased from $5.27B to $5.96B this quarter. The number of positions increased from 28 to 33. Southeastern Asset Management added Biogen, Liberty Broadband, and Fiserv while dropping Baidu. The top three positions are Lumen Technologies, ...
Discovery (NASDAQ:DISCA) has named its six appointees for the upcoming Warner Bros. Discovery, the combination between its business and the spinoff of WarnerMedia from AT&T (NYSE:T). That news follows closely on AT&T's selection of seven nominees to the 13-member board. Along with AT&...
AT&T (NYSE:T) has chosen its seven members (including a chairman) to sit on the board of the upcoming Warner Bros. Discovery, the result of the spin-off of WarnerMedia and its combination with Discovery (NASDAQ:DISCA) set for next month. The new board will consist of 13 members, and Disco...
Discovery, Inc. Announces Full Slate of Board Designees for Warner Bros. Discovery, Inc. PR Newswire Board designees announced in anticipation of the Q2 closing of the Discovery, Inc. and WarnerMedia combination Designees will bring deep media industry expertis...
Although the Discovery stock has been demonstrating resilience amidst the currently volatile market climate, it still remains significantly undervalued. The market is currently pricing Discovery as a declining business, while it continues to dominate the on-screen advertising market a...
AT&T (NYSE: T) was once considered a solid stock for conservative income investors. Yet over the past five years, the telecom giant's stock lost nearly half its market value as the company made a series of debt-fueled acquisitions -- including DirecTV and Time Warner -- and stru...
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 ...
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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. (...
Shares of Discovery Inc. (NASDAQ:DISCK) traded at a new 52-week high today of $66.87. Approximately 301.8 million shares have changed hands today, as compared to an average 30-day volume of 5 million shares. Warner Bros. Discovery, the result of combining two large media firms, is one of...
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. * ( ...