Telecom giant AT&T, led by John Stankey, posts its first results since the close of the mega-deal that created Warner Bros. Discovery.
Global HBO Max and HBO subscribers comprise domestic and international customers, excluding free trials, basic and Cinemax subscribers, AT&T noted. Meanwhile, “domestic HBO Max and HBO subscribers consist of U.S. accounts with access to HBO Max and HBO accounts, and exclude free trials and Cinemax subscribers.”
When excluding WarnerMedia and advertising technology business Xandr, which the company late last year agreed to sell to Microsoft, from both quarters, standalone AT&T revenue grew 2.5 percent to $29.7 billion, while operating income was unchanged at $5.8 billion. Some on Wall Street have turned more bullish on the telecom-focused AT&T. J.P. Morgan analyst Philip Cusick on April 11 upgraded the stock from “neutral” to “overweight” with a $22 price target. “A more communications-focused company, AT&T now looks more like Verizon Communications than it has in years after shedding the distractions and revenue drag of a declining satellite video business and the capital obligations of the Warner/HBO media businesses,” he explained.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Emmy Predictions: Drama Series – HBO/HBO Max Juggles Multiple Contenders Including ‘Euphoria’ and ‘Succession’Zendaya on Rue's future in Euphoria: 'We carried her all the way to hopefully what is rock bottom and a dark moment, and hopefully by the end leave with a sense of happiness and joy that there is hope for her in the end.'
Baca lebih lajut »
HBO Max joins Verizon’s +play platformStarting today, HBO Max will be joining Verizon’s +play platform as a partner.
Baca lebih lajut »
NBA legend Jerry West seeks retraction over portrayal in HBO series 'Winning Time'The attorney for former Los Angeles Lakers general manager Jerry West has set a May 3 deadline for a retraction of his portrayal in the HBO drama series 'Winning Time: The Rise of the Lakers Dynasty.'
Baca lebih lajut »
Jerry West Demands Apology, Retraction Over ‘Malicious’ Portrayal in HBO Lakers Drama ‘Winning Time’The 83-year-old Lakers legend says Adam McKay’s Showtime-era drama portrays him as a “vulgar and unprofessional bully.”
Baca lebih lajut »
Jerry West Seeking Retraction Over Portrayal in HBO SeriesFormer Los Angeles Lakers general manger and player Jerry West is demanding a retraction of his portrayal in the HBO drama series “Winning Time: The Rise of the Lakers Dynasty,” according to a report published Tuesday.
Baca lebih lajut »
Ezra Miller hit with second Hawaii arrest as HBO mulls 'Flash' FutureOfficers were called to a residence in Pahoa a little after 1 a.m. for a report that Miller threw a chair at a woman, leaving her with a cut to the forehead, police said.
Baca lebih lajut »