Shares in the entertainment giant climbed more than 9 percent in premarket trading on Monday following the ouster of chief executive officer Bob Chapek.
Tag: AT&T Inc
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How Did AT&T’s $100 Billion Time Warner Deal Go So Wrong?
At Time Warner, executives saw AT&T as just a “big phone company from Texas.” At AT&T, they thought Hollywood would play by their rules. That combination led to strategic miscalculation unrivaled in recent corporate history.
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‘Cable Cowboy’ John Malone Sees More Streaming Bundles Ahead
The media mogul also said news channels should do a better job of distinguishing between news and opinion.
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OAN, a Dependable Trump Promoter, Faces a ‘Death Blow’
After Verizon drops the network at the end of this week, OAN’s cable TV audience will shrink dramatically.
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Inside the Implosion of CNN+
Seen as the future of CNN, the streaming channel was suddenly killed. Its soon-to-be owner, Discovery, had concerns but until the deal closed, it was constrained in guiding a competitor.