Why Disney is furloughing workers and the other media giants aren't [MSNBC.com]
AT&T Inc. (T)
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Source: MSNBC.com
On Monday,DisneyFinancial TimesOver the last few weeks Disney has laid out its plans to impose unpaid leave, first for somenon-union employees43,000 union workersDisney's extensive furloughs stand in sharp contrast to the other two media giants –ComcastAT&TThese are the three largest media conglomerates, in a category above all the others: Disney's market cap is $185 billion, Comcast's is $169 billion, and AT&T's is $222 billion. They do face some similar challenges: all three have movie studios that are suffering from the closure of theaters and all are seeing their ad revenue plummet as live sports has been halted. And all three are working to get ahead of the cord-cutting trend and have new services designed to own that direct-to-consumer relationship.But the finances of these companies are incredibly different. Parks and Resorts is Disney's largest division, responsible for 35% of its revenue in 2019. That divisionincludesThat reliance on gathering large groups of people in public
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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