Stankey replaces Stephenson as AT&T CEO

After serving 13 years as AT&T’s Chairman and CEO, Randall Stephenson, 60, will retire as CEO but will serve as Executive Chairman of the Board of Directors until January 2021 to ensure a smooth leadership transition. The AT&T Inc. Board has elected AT&T President and Chief Operating Officer John Stankey as CEO effective July 1, 2020, … Continue reading “Stankey replaces Stephenson as AT&T CEO”

AT&T merges WarnerMedia with Discovery in $43B deal

In a move that will rival media giants Disney and Netflix, AT&T Inc. and Discovery, Inc. today announced a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company. The “pure play” content company will own … Continue reading “AT&T merges WarnerMedia with Discovery in $43B deal”

AT&T and Time Warner close $85.4 billion merger

Well, we are one step closer to one company to rule them all. Sorry, that line was meant for Disney, Comcast and Fox. But it is appropriate here as well. AT&T and Time Warner have closed their $85.4 billion merger, just two days after receiving regulatory approval from a judge, the telecom company announced on … Continue reading “AT&T and Time Warner close $85.4 billion merger”