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June 9, 2021

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T-Mobile CEO says company is poised to dominate 5G for the next decade

CNBC
CNBC – For more and to sign up click here T-Mobile CEO Mike Sievert on Monday laid out his vision for the next decade, telling CNBC that he believes his company can be the leader in 5G for the next decade. “We’re making the rules for the 5G era because......

Op-ed: Quality TV news could be a casualty of the streaming wars

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CNBC – For more and to sign up click here There has been an enormous amount of focus in the media world over the last 18 months about how TV and movie entertainment are moving to streaming services. While Netflix has become a staple of television service in some 70......

NBA’s Portland Trail Blazers face mounting concerns after first-round exit and a coaching change

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CNBC – For more and to sign up click here Damian Lillard #0 of the Portland Trail Blazers shoots against Paul Millsap #4 of the Denver Nuggets in the first quarter during Round 1, Game 6 of the 2021 NBA Playoffs at Moda Center on June 03, 2021 in Portland,......

Cybersecurity company SentinelOne files to go public with 108% revenue growth year-over-year

CNBC
CNBC – For more and to sign up click here SentinelOne co-founder and CEO Tomer Weingarten. SentinelOne Cybersecurity company SentinelOne filed its IPO prospectus with the Securities and Exchange Commission on Thursday, and plans to list on the New York Stock Exchange under the ticker symbol S. In the three months ending......

Here are the next media mergers that make the most sense

CNBC
CNBC – For more and to sign up click here In this photo illustration the HBO Max and Discovery Communications logo seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images NBCUniversal and Lionsgate Buying Lionsgate would help Comcast’s NBCUniversal on two different fronts. First, it would add......

AT&T hired ally of Commerce Secretary Gina Raimondo to lobby Biden’s infrastructure proposal

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CNBC – For more and to sign up click here John Stankey, CEO of AT&T Mike Segar | Reuters Telecom giant AT&T hired an ally of Commerce Secretary Gina Raimondo to lobby officials over President Joe Biden’s infrastructure plan. A lobbying registration report shows that AT&T hired Jon Duffy, the......

Amazon to buy MGM Studios for $8.45 billion

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CNBC – For more and to sign up click here Amazon said Wednesday that it will acquire MGM Studios for $8.45 billion, marking its boldest move yet into the entertainment industry and turbocharging its streaming ambitions. The deal is the second-largest acquisition in Amazon’s history, behind its $13.7 billion purchase......

How Apple’s 2015 negotiations for Time Warner bundling deal almost turned into an acquisition

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CNBC – For more and to sign up click here Apple CEO, Tim Cook waves as he opens the door of the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. (Photo by Kena Betancur / AFP) (Photo credit should read KENA BETANCUR/AFP via......

Discovery shareholder John Malone says ‘there’s no question’ Comcast CEO Brian Roberts wanted to acquire WarnerMedia

CNBC
CNBC – For more and to sign up click here Count John Malone among those anticipating a potential future tie-up between a combined WarnerMedia-Discovery and Comcast‘s NBCUniversal. The billionaire media mogul and controlling Discovery shareholder told CNBC on Monday he’s already held discussions with Comcast Chief Executive Officer Brian Roberts......

John Malone sees merged WarnerMedia-Discovery becoming No. 3 global streamer behind Netflix, Disney+

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CNBC – For more and to sign up click here John Malone Matthew Staver | Bloomberg | Getty Images The blockbuster WarnerMedia-Discovery deal is especially good news for HBO Max, billionaire media mogul John Malone told CNBC’s David Faber. In an interview that aired Monday, Malone said his previous reservations......

Ad-supported streaming steals the show at TV upfronts

CNBC
CNBC – For more and to sign up click here Signage for the AT&T Inc. WarnerMedia HBO Max streaming service is displayed on a smartphone in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, May 28, 2020. Gabby Jones | Bloomberg | Getty Images......

Stocks making the biggest moves midday: Boeing, Deere, AT&T and more

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CNBC – For more and to sign up click here An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters......

Jim Cramer adds current and past AT&T CEOs to Wall of Shame: ‘Thanks for nothing’

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CNBC – For more and to sign up click here After days of contemplation, Jim Cramer has officially affixed the current and former heads of AT&T into the “Mad Money” Wall of Shame. “Randall Stephenson and John Stankey, welcome to the Wall of Shame,” the CNBC host said Thursday, days......

The WarnerMedia-Discovery deal was structured to make a future sale easier

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CNBC – For more and to sign up click here Liberty Media’s John Malone Michael Kovac | Getty Images Longtime employees of WarnerMedia have been through so many spinoffs and mergers that Monday’s announcement of its impending separation from AT&T and combination with Discovery amounted to gallows humor. “You just......

‘The Big Short’ investor is now betting against Tesla: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headline. On today’s show, Lora Kolodny breaks down the news that Michael Burry’s regulatory filings revealed a short position against Tesla. Plus, Alex Sherman explains how the WarnerMedia merger with......

Cramer rips AT&T leadership over the handling of WarnerMedia and the planned dividend cut

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday stepped up his criticism of past and present AT&T leaders for their handling of WarnerMedia, the movie and television content and streaming unit the telecom giant now plans to break off and combine with Discovery. In......

AT&T’s WarnerMedia spinoff plan ends ‘one of the dumbest mergers in recent history,’ Jim Cramer says

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Monday slammed AT&T as a disgrace after the company announced it will spin-off WarnerMedia to merge the business and create an entertainment giant with Discovery. He also took aim at those hailing the move as a......

David Zaslav sees 400 million streaming subscribers one day for combined Discovery-WarnerMedia

CNBC
CNBC – For more and to sign up click here Discovery CEO David Zaslav told CNBC on Monday he thinks the new company created out of a merger with AT&T‘s WarnerMedia could eventually attract 400 million global streaming video subscribers. Zaslav, a media executive with decades of experience, said the......

Stocks making the biggest moves in the premarket: AT&T, Discovery, ViacomCBS, MicroStrategy & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: AT&T (T), Discovery (DISCA) – AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both......

AT&T announces deal to merge WarnerMedia with Discovery

CNBC
CNBC – For more and to sign up click here The logo of AT&T outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas. Ronald Martinez | Getty Images News | Getty Images U.S. telecoms giant AT&T on Monday announced a deal combining its content unit WarnerMedia with......

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