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 »
The post WarnerMedia Loses $ 1.5B Due To Pandemic Downturn appeared first on AdExchanger.
More Stories
The FTC’s Amazon Lawsuit Is Ad Tech’s History Of Opacity Repeating Itself
Pasta Powerhouse Barilla Helps Itself to Posh Mac and Cheese Upstart Goodles
Week of Aug 24 Morning News Ratings: Positive Momentum Recorded by All Morning Shows