WarnerMedia Loses $1.5B Due To Pandemic Downturn

The impacts of the coronavirus pandemic on AT&T and WarnerMedia are far reaching, totaling $ 2.8 billion in the second quarter alone. Overall, AT&T revenue declined 9% YoY to $ 45 billion in Q2. CEO John Stankey expects the effects of the coronavirus to become the “business norm well into next year.” AT&T’s WarnerMedia division took the… Continue reading »

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