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AT&T shareholders
- AT&T shareholders received a 71% stake in the newly formed Warner Bros. Discovery, while Discovery shareholders got the remaining 29%.
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Apr 8, 2022 · Shareholders of AT&T (T), which spun off WarnerMedia earlier this week, hold 71% of shares in the new company, and Discovery shareholders hold 29%. But the transaction represents AT&T (T) ’s ...
Apr 8, 2022 · Additionally, shareholders of AT&T received 0.241917 shares of WBD for each share of AT&T common stock they held at close. As a result, AT&T shareholders received 1.7 billion shares of WBD, representing 71% of WBD shares on a fully diluted basis. Discovery’s existing shareholders own the remainder of the new company.
May 17, 2021 · AT&T's WarnerMedia And Discovery, Inc. Creating Standalone Company By Combining Operations To Form New Global Leader In Entertainment. Companies with Shared Values, Complementary Assets, and Iconic Brands and Franchises, Will Offer the Most Differentiated Content Portfolio in the World.
- Warner Bros. Discovery’s Financials
- Warner Bros. Discovery’s Business Segments
- Warner Bros. Discovery's Recent Developments
Warner Bros. Discovery announced in late Aug. 2023 its financial results for the second quarter (Q2) of its 2023 fiscal year(FY), the three-month period that ended on June 30, 2023. The company reported a net loss of $1.2 billion for Q2 2023, which was an improvement when compared to the $3.4 billion loss in Q2 2022. This was a 63.7% reduction in l...
The company has four reportable segments: Studios, Networks, Direct-to-Consumer, Corporate, and Inter-Segment Eliminations. Each of these segments reports revenue by the following categories: Distributions, Advertising, Content, and Other.
In Sept. 2023, the company announced plans to expand its Warner Bros. Studios Leavesden, which is a film and television studio in the U.K. The expansion will include 10 new sound stages and an additional 400,000 square feet of production and support space, which will increase the studio's capacity by 50%. This studio serves as an important hub for ...
Jun 1, 2021 · In the new entertainment company, AT&T's shareholders would receive stock representing 71 percent, while Discovery shareholders would own 29 percent of the new company. The Boards of...
May 17, 2021 · US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery in a deal to create a new streaming giant. The tie-up brings one of Hollywood's biggest studios and...
