AT&T set to end media voyage with $43 bln Discovery deal
AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.
AT&T close to deal to combine media empire with Discovery-reports
U.S. telecoms giant AT&T Inc (T.N) is nearing a deal to combine its media assets, including CNN and HBO, with Discovery Inc (DISCA.O), the owner of lifestyle TV networks such as HGTV and TLC, according to news reports citing unnamed sources. The deal would mark the unwinding of AT&T’s $108.7 billion acquisition of U.S. media conglomerate Time Warner […]
Netflix’s Reed Hastings exercised $612 mln from stock options in 2020
Netflix Inc (NFLX.O) co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his stock options in 2020, a year of bumper subscription growth for the video-streaming giant. The company, which crossed 200 million subscribers last year as people sought entertainment from home during the COVID-19-imposed lockdowns, saw its shares rise more than 67% in 2020. Hastings […]
A surge in the Facebook, Apple, Amazon, Netflix, and Google Stocks Helps NASDAQ gain a 4% rise last week
Stocks of the technology industry have perceived 4% growth in the NASDAQ (the National Association of Securities Dealers Automated Quotations) 100 index. The NASDAQ stock market started its operations as the world’s first electronic stock market in the year 1971.
