|Bid||0.00 x 1100|
|Ask||0.00 x 1100|
|Day's Range||98.39 - 99.65|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||14.88|
|Forward Dividend & Yield||1.61 (1.70%)|
|1y Target Est||N/A|
Randall Stephenson, AT&T Chairman and CEO, speaks with CNBC's "Squawk Box" following the telecom giant's big court victory in its merger with Time Warner.
Ever since a federal judge approved the mega-merger between AT&T (NYSE:T) and Time Warner (NYSE:TWX), Comcast and Walt Disney Co (NYSE:DIS) have upped the ante in their acquisition pursuits of Twenty-First Century Fox Inc (NASDAQ:FOXA). Comcast rivaled that with a $35 bid last week. This is all great news for Fox.
AMC has just announced that it will be offering an alternative to the popular MoviePass subscription service. For $19.95 a month, the "AMC Stubs A-List" buys you three AMC movie tickets per week, which can include any and all formats (3D, IMAX, Dolby Cinema, etc.) and can be used on repeat viewings of the same film. There's no rollover (you can't see 12 movies on the last two days of the month), but you can use all three weekly tickets on the same day, albeit with a two-hour buffer between each showtime.
Heck, by the time we get that Aquaman trailer at next month’s San Diego Comic-Con, it’ll almost certainly be the last movie of 2018 to get their first trailer. Yes, it’s a sequel to Ryan Coogler’s Creed, which told the crowd-pleasing story of Adonis Creed (Michael B. Jordan) being mentored by his late father’s friend and inspiring that friend to fight and win his own battles. As I’ve discussed previously, last summer’s sci-fi prequel/sequel Alien: Covenant sold itself not as a sequel to the $400 million+ grossing Prometheus but rather a prequel to an Alien franchise that hasn’t produced a beloved installment since 1986.
The folks behind the social media account for last weekend's barely-there flop Gotti dropped an Instagram/Twitter video arguing that "Audiences love Gotti, but critics put out the hit." It then follows up with "Who would you trust more? Yourself, or a troll with a keyboard?" This notion of arguing that paid film critics (or online bloggers trying to become paid film critics) are the equivalent of online trolls is a disingenuous suggestion. Coupling this with violent mob movie imagery is perilously close to incitement, even if my discomfort at the imagery and wording is as much about the current political landscape as its on-face-value content.
While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game.
Time Warner (NYSE: TWX) is joining AT&T, but the leader of its key ad-based television network will not. John Turner, the CEO of Turner, will be leaving the company as a result of the merger that was completed last week, AT&T's John Stankey wrote in an internal memo. Stankey is now listed as the CEO of WarnerMedia, the new name of Time Warner.
A recent revelation in business is that subscription models are a gold standard for making money. A subscription service locks consumers in to pay some amount every month and/or every year. Thus, subscription revenues are annually recurring, meaning they don’t have much volatility because they happen every year.
With $2.02b worldwide thus far after a $8m global weekend gross, the movie may be looking at a finish over/under $20m away from the seventh Star Wars movie. As such, they should not be used as a comparison point for other big-scale movies like Star Wars 9, Avengers 4 or Avatar 2.
Moody's Investors Service (Moody's) downgraded the senior unsecured ratings of AT&T Inc. (AT&T) to Baa2 from Baa1 due to AT&T's elevated leverage following its merger with Time Warner Inc. (Time Warner, Baa2 stable) for approximately $81 billion. AT&T funded the merger with a mix of 50% equity and 50% cash and the assumption of Time Warner debt.
The U.S. imposed tariffs on about $50 billion in imports from China. closed the $85.4 billion purchase Time Warner Inc. For the week the Dow fell 0.89%, the S&P 500 rose 0.01% and the Nasdaq climbed 1.32%.
Borrowing a page from Netflix, Inc. (NASDAQ:NFLX), iPhone maker Apple Inc. (NASDAQ:AAPL) is in negotiations to produce its first movie. The impending Apple feature film, according to the unconfirmed report from Bloomberg, would be an animated flick made by Irish studio Cartoon Saloon. The most interesting aspect of the story: The film may be shown in theaters as well as streamed digitally via (presumably) Apple’s iTunes.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF.A,)(NYSE:LGF.B) is seeing a move upward on the approved merger of AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX). With takeover approval, Lions Gate stock has gained interest on the theory that it too will become a takeover target. Media providers have targeted content companies to boost earnings amid declining profitability in their core industries. Both the size and the apparent low price of Lions Gate stock make the company an obvious acquisition target.
Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought acquisition of Time Warner received a green light, signals an oncoming wave of M&A that banks will aggressively compete to finance. The federal judge’s ruling in favor of the US$85bn AT&T/Time Warner tie-up, first announced in October 2016, without any conditions, removed an obstacle for debt markets after several huge, high profile technology and healthcare deals were scuttled by antitrust or national security concerns. Comcast, in announcing its Walt Disney Co-topping bid, said it had “highly confident” letters from Bank of America Merrill Lynch and Wells Fargo that the banks can secure the needed financing for the proposed acquisition.
Some of the largest hedge funds located around AT&T’s Dallas headquarters own positions in the telecom giant, according to their latest regulatory filings, and may stand to benefit from a court ruling Tuesday clearing the way for a merger with Time Warner.
AT&T's Stephenson says he feels "relief" at winning the company's court case against the government on the Time Warner deal. The $85.4 billion acquisition closed late Thursday, but t he Justice Department could still appeal the decision. Stephenson says he's not worried about government retribution.
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
AT&T completed its $80bn takeover of Time Warner on Thursday evening after a court filing said the US government agreed not to seek a temporary delay on the deal. The filing, submitted jointly by lawyers ...
AT&T already gets two minutes of ad space per TV hour to sell on DirecTV. Time Warner’s Turner cable channels, which include CNN, TNT and TBS, will give it about 14 more minutes per hour. AT&T’s pitch to advertisers is that they can be spending money more efficiently.
Time Warner Inc (NYSE:TWX) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case ofRead More...
Judge Approves AT&T–Time Warner Merger: Disney and Fox Next? A federal judge has given merger approval for AT&T (T) and Time Warner (TWX), thus boosting investor confidence in Time Warner stock. Of the 26 analysts covering Time Warner, nine of them have rated the stock a “buy,” and 17 have rated it a “hold.” None of them have given the stock a “sell” rating.