Did AT&T Just Kick Movie Theaters While They're Down? [The Motley Fool]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: The Motley Fool
While all things travel, hospitality, and entertainment have been hit especially hard by the coronavirus lockdown, movie theaters are in especially dire straits. Most theater chains are long on debt, short on cash, and dealing with revenue reduced to practically zero. Even before stay-at-home orders became the norm around the U.S., the old way of watching movies had been in secular decline for quite some time (with slowing sales being made up with higher ticket prices).With new movie releases postponed until at least June and consumers' willingness to return to theaters a big question mark, it seems clear that movie studios will be looking for ways to continue generating revenue while cutting down on costs -- something that was important before but is now imperative. Direct-to-consumer offerings may now be that way and that's bad news for theater operators.Image source: Getty Images.Unhappy news for the box officeDuringAT&TNYSE:TRather than being optimistic on the coming reopening of
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News
- AT&T to Webcast Fireside Chat with John Stankey at the UBS Global Media and Communications Conference on Dec. 9PR Newswire
- AT&T to Release Fourth-Quarter 2025 Earnings on Jan. 28PR Newswire
- What Do You Know About Black Friday? [The New York Times]The New York Times
- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
- 77% of U.S. Consumers Would Complete All Holiday Shopping at Small Businesses, According to Latest AT&T Business Holiday Shopping SurveyPR Newswire
T
Earnings
- 10/22/25 - Miss
T
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- T's page on the SEC website