AT&T Takes $15B Writedown on Ailing DirecTV
The writedown of the premium TV business reflects "years of cord-cutting as viewers move to cheaper online streaming services."
Sony to Buy AT&T’s Anime Streaming Business Crunchyroll
The deal for the streaming business comes as COVID-19 has upended the movie-theater business.
CFOs On the Move: Week Ending November 20
AT&T, Lululemon, Cox Media Group, Washington Football Team, DXC Technology, Sysco, Molina Healthcare, New York Public Radio, LongRange Capital
WarnerMedia Plans More Layoffs as Virus Bites
“Like the rest of the entertainment industry, we have not been immune to the significant impact of the pandemic."
AT&T Misses Q1 Estimates Amid Pay TV Woes
“AT&T’s Q1 TV subscriber numbers indicate how quickly the pay TV market is imploding."
AT&T Fined $60 Million in Data ‘Throttling’ Case
An FTC commissioner says AT&T's unlimited data plan for smartphone customers was a "bait-and-switch scam."
AT&T’s Three-Year Strategic Plan Appeases Activist Investor
Amid pressure from Elliott Management, the telecom and media giant announced a plan to cut costs and pay down debt.
Elliott Management Discloses $3B Stake in AT&T
The activist investor believes AT&T is deeply undervalued, citing its "irreplaceable assets, enormous earnings power and an ability to win in key markets."
The Key to M&A Success: Brutal Honesty
When M&A deals are booming, it's important for CFOs to remember that volume fuels mistakes as well as success.
U.S. Appeals Loss in AT&T-Time Warner Trial
The appeal, if successful, would unravel AT&T's takeover of Time Warner but legal experts see it as a long shot.