WarnerMedia has been owned by telco giant AT&T for less than four years and it will soon have a new parent company — likely by the end of next month. Discovery’s shareholder vote on…
’s shareholder vote on the acquisition of WarnerMedia is set for today during a special meeting of stockholders set for 10 a.m. ET. The deal is expected to get an easy thumbs-up given the approval already bestowed by Discovery’s oldest and most influential holders, investor John Malone and Advance/Newhouse Co. Both agreed to convert long-held preferred shares into common shares order to smooth the path for the spinoff combination.
Nonetheless, AT&T’s short but eventful stewardship of Warner Bros., HBO, CNN and the Turner networks is nigh. Here’s a look back at key moments during AT&T’s bumpy ride in Hollywood.Oct. 20 — The first report surfaces, in the Wall Street Journal, that AT&T is in advanced talks to acquireNov. 9 — Republican presidential candidate Donald Trump, who repeatedly criticized CNN and vowed to block AT&T’s acquisition, is elected president of the United States.Feb.
April 18 — Time Warner CEO Jeff Bewkes testifies, disputing the business case for the government’s thesis that the enlarged company would withhold its content from rival distributors. “We want to be on all platforms. We want to be in every bundle, everywhere,” he tells Judge Leon. June 14 — AT&T announces the close of its transaction to acquire Time Warner. Jeff Bewkes is succeeded by John Stankey as CEO of Time Warner.July 12 — The Justice Department files an appeal in the AT&T antitrust case.Oct. 10 — WarnerMedia reveals plans to launch a streaming service in 2019.
March 4 — AT&T reveals a major reorganization: Bob Greenblatt joins as chairman of WarnerMedia Entertainment and direct-to-consumer. Warner Bros. chairman-CEO Kevin Tsujihara adds oversight of global kids and young adults business. CNN chief Jeff Zucker promoted to chairman of news and sports for WarnerMedia, taking on oversight of Turner Sports and AT&T’s regional nets.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SUPER NINTENDO WORLD Runs for LA in 2023Calling all Princess Peaches: SUPER NINTENDO WORLD will debut at unistudios Hollywood in 2023, with a fun pop-up arriving sooner.
Leer más »
Mega-mashup: Discovery clears $30 billion bond to finance WarnerMedia deal, a bullish sign for a rattled marketInvestors pile into Discovery's $30 billion corporate bond deal on Wednesday to help fund its mashup with AT&T's WarnerMedia. The deal is tied for the...
Leer más »
CNN paid Jeff Zucker $5 million on his way out: ReportFormer CNN Worldwide President Jeff Zucker received $5 million from WarnerMedia in an exit deal after resigning in disgrace last month, according to a report.
Leer más »
The Air Force wants to modernize air refueling, but it's been a bumpy rideThe US just sent four tankers to Europe. Take an inside look at how these old planes work—and how the tech underpinning the fleet is slowly evolving.
Leer más »
'Moonlight,' 'Euphoria' studio A24 raises $225 million amid Hollywood deal frenzyNew York-based A24 is best known for films such as 'Moonlight,' 'Uncut Gems' and 'Lady Bird.'
Leer más »
Gotham Knights gets a new October 25th release dateThe Batman spinoff is coming later in 2022.
Leer más »