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The march to the launch of HBO Max in May is driving changes across WarnerMedia. John Stankey, AT&T chief operating officer and WarnerMedia chairman, told investors on Wednesday that cable powerhouses TNT and TBS will lean into more unscripted programming as WarnerMedia steers its investment in high-end scripted programming to the nascent subscription streaming platform. [...]AT&T Q4: WarnerMedia Takes $1.2 Billion Hit on HBO Max Investment, Telco Loses 1.
AT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to see rapid deterioration in its pay-TV business, losing a total of nearly 1.2 million subscribers in Q4. WarnerMedia — comprising Turner, HBO and [...]UPDATED: The Hong Kong stock market tumbled by nearly 3% as it reopened on Wednesday.
Apple turned in stellar results for the 2019 holiday quarter — its biggest ever in terms of revenue and earnings — including strong growth in its services business and a return to growth in iPhone revenue, which climbed 8%. Revenue hit an all-time quarterly high of $91.82 billion, up 9% versus the year-ago period, for [...]BuzzFeed News editor-in-chief Ben Smith is leaving the company to join The New York Times as its media columnist, stepping into the role once held by the late David Carr.
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BuzzFeed News Chief to Join New York Times as Media ColumnistBen Smith, the founding editor of BuzzFeed News, said he is leaving the company, where he helped turn a startup best known for whimsical online quizzes and listicles into a formidable news organization.
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Ben Smith To Leave BuzzFeed To Join New York Times As Media ColumnistBen Smith is departing as BuzzFeed’s editor in chief for The New York Times, where he will serve as media columnist. Smith helped build the editorial side of BuzzFeed since he joined the medi…
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DNA evidence exonerates New York City man for 1985 sex assaultRafael Ruiz spent 25 years in prison for a crime he did not commit.
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No One Looked at New York Like Jason Polan.jerrysaltz remembers Jason Polan: 'He emitted his own kind of beautiful psychic sunshine. Polan was an illustrator-drawer-artist of modern art and life.'
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