AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit

AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting out of the media business. The company on Friday completed the planned separation of its film-and-TV empire into a new publicly traded company called … Read more

Russia’s Ukraine war shows the limits of Big Tech’s influence

Russia’s Ukraine war shows the limits of Big Tech’s influence | Fortune You need to enable JavaScript to view this site.

Disney primed for long streaming war with Netflix

Disney primed for long streaming war with Netflix | Fortune You need to enable JavaScript to view this site.

AT&T Spent a Decade Buying Things. Now It’s Cleaning House.

Illustration by Elias Stein Text size AT&T cast light on its pending spinoff of WarnerMedia to Discovery this past week—a big step toward putting a decade of misguided mergers and acquisitions behind it. AT&T spent years dishing out billions of dollars on deals, including $66 billion for DirecTV in 2015 and $106 billion for Time … Read more

AT&T’s Dividend Cut Puts It in an Unenviable Club

A company cutting its dividend after a spinoff is uncommon, but not unprecedented. The longer-term outcomes can vary markedly. AT&T (ticker: T) joined this club on Tuesday, when it said it expects that its annual dividend will be $1.11 a share, down sharply from $2.08 in 2021, after its planned spinoff of its WarnerMedia assets … Read more

Sony and Microsoft video game deals show an industry in flux

Sony and Microsoft video game deals show an industry in flux | Fortune You need to enable JavaScript to view this site.