Warner Bros. Discovery Plans Fresh Cost Cuts, Max Price Hike [Yahoo! Finance]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance
cost-cutting in order to hit financial targets for the next couple years, people with knowledge of the matter said. Most Read from Bloomberg Americans Are Racking Up ‘Phantom Debt' That Wall Street Can't Track Microsoft's Xbox Is Planning More Cuts After Studio Closings Stormy Daniels Will Return to Court in Test of Trump's Demeanor Trump Judge Indefinitely Postpones Documents Case Trial They include the possibility of more layoffs at the company, which has eliminated more than 2,000 positions over the past year, said the people, who asked not to be identified because the plans are still being worked out. The streaming operation alone could bear hundreds of millions of dollars in budget cuts, mostly in marketing and technology, the people said. The company, the parent of CNN, HBO and the Warner Bros. studios, has also decided to raise subscription prices as it seeks to reach $1 billion in earnings from the Max and Discovery+ streaming services next year, the people said.
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News
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T
Earnings
- 4/24/24 - Beat
T
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- T's page on the SEC website