AT&T Opts For Spin-Off Method In WarnerMedia Discovery Transaction; Shares Fall

10 Years Younger in 10 Days viewers were left in awe on Wednesday's emotional episode as prison officer Adeline underwent a "Hollywood" makeover. During the latest instalment, mother-of-one Adeline, 45, revealed that in her 20s she lost her father in an accident and then became a single mum, which made her confidence plummet "very quickly". In a sweet VT ahead of her makeover, Adeline's new partner, Alvin, said he wants her to see she's a "beautiful person", adding: "I hope the experience will let her see what I see and let her see what her family see." Adeline, who has worked as a prison officer for 23 years, admitted that she wanted to find some femininity and fun with her makeover.

10 Years Younger in 10 Days viewers were left in awe on Wednesday's emotional episode as mother-of-six Lisa underwent an incredible transformation. During the latest instalment, Lisa, 54, revealed that she had spent 25 years raising her six children, aged between nine to 25, due to her husband working long hours.The candidate, who is "always there" for everyone, emotionally admitted that she hadn't felt good about herself since before she got married and often wonders "who I am".

Lucy Mecklenburgh shared the heartwarming moment her young son Roman first met his unborn sister at a 4D scan.The former The Only Way Is Essex star and her fiancé Ryan Thomas are expecting their second child together – a girl – after welcoming their son Roman in March 2020. And Lucy, who recently built an incredible bedroom for her stepdaughter Scarlett, is now preparing for her new arrival this spring and shared snaps from her most recent check-up. Little Roman could be seen looking eagerly at his unborn sister at the 4D monitor while Lucy lovingly rested her hand on top of his head.

Looking ahead at the month exemplifies the idea of Peak TV at its most hectic. With so many quality shows coming out, it can be challenging to decide which ones to focus on, especially when so many options are new releases (though “Atlanta” fans will be happy to know that season three is soon on the way.) It’s telling to see trends in narratives being told, with series such as “The Dropout,” “Joe vs.

Chris Willman Music WriterWithin hours of Kim Kardashian West getting her legal emancipation from Kanye West in a Los Angeles court, the hip-hop titan responded — by posting a music video in which an animatronic figure that is assumed to represent West ties up and kidnaps Pete Davidson and buries him from the neck down.The video for the song “Eazy,” his collaboration with the Game, was posted on West’s Instagram account, not long after news was published that Kardashian West had been granted the legal separation and bifurcation arrangement she had been seeking in the process of their divorce.The animated clip — set to a previously released song in which West had notably already rapped, “God saved me from that crash just so I can beat Pete Davidson’s ass” — portrays the Ye avatar placing a pillowcase over the head of his soon-to-be ex-wife’s boyfriend, putting him on the back of a motorcycle, and burying him. Eventually the West figure pours liquid over Davidson’s head and plants seeds on him, which sprout into flowers.

Jennifer Maas TV Business WriterTurning a comic book into a live-action TV series is not a revolutionary idea in the current TV landscape — but turning a comic book into a live-action TV series that is then itself turned into an animated series set in the same universe is not a pitch studio and network execs get every day.That’s what “The Boys” executive producers Seth Rogen, Eric Kripke and Evan Goldberg set out to do when they came up with the idea for the very adult cartoon shorts “The Boys Presents: Diabolical,” while they were simultaneously working on the upcoming third season of the mothership Amazon Prime Video series and its recently ordered untitled superhero-college spinoff.“We were deep in the pandemic and we were looking to get something from what we’re calling the VCU on the air go before Season 3,” “The Boys” showrunner Eric Kripke told Variety, citing the show’s Vought Cinematic Universe. “And with all the shooting restrictions, it was just impossible to even do a small live-action thing.

Her side of the story. As Hulu’s Pam & Tommy comes to a conclusion, Pamela Anderson has announced a new Netflix documentary about her life.

Here are your Manchester City evening headlines on Wednesday, March 2.

Not over yet? Kim Kardashian was officially granted single status more than one year after filing for divorce from Kanye West — and now his lawyer is speaking out.

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LOL! Ariana Grande teamed up with RuPaul’s Drag Race star Gottmik [Kade Gottlieb] for a little makeover session — and the six-minute clip is honestly hysterical. 

Two sides to the story. After Deepti Vempati and Abhishek “Shake” Chatterjee found love inside the Love Is Blind pods during season 2, the pair went their separate ways before the season was over.

Keeping it casual. Kanye West has been spotted with Chaney Jones several times since his split from Julia Fox, but they’re not getting serious — yet.

Living the dream! Luke Grimes flew under the radar at the start of his acting career, but that all changed when he landed the role of Kayce Dutton on Yellowstone.

The new Ex-Men! Ha!

As you may have heard, Shanna Moakler‘s estranged daughter Alabama Barker is supporting her momma after her public split from Matthew Rondeau. And that olive branch seems to have brought them together!

Did Kanye West just confirm his relationship with Chaney Jones right after insiders said it wasn’t real?!

This is a pair we did not see coming! Literally: we all missed it!

[Warning: Potentially Triggering Content]

What a special day!! We were able to convince Momma Perez to do something with us and the kids!! We went to Koreatown and had Korean corn dogs, which we had never tried before. We tell you where to go and what to order! We tried four different dogs! There’s a clear best one! And then we surprised the kids with a very Korean treat after! Plus an extra rare treat for dad later at home! Watch!

Whoa, this is huge! Kim Kardashian is officially a single woman after winning her latest divorce battle against ex-husband Kanye West.

Ali Wentworth and George Stephanopoulos are couple goals - in almost every way!MORE: George Stephanopoulos' wife Ali Wentworth reveals challenge she faced ahead of their anniversaryThe Good Morning America co-anchor and Go Ask Ali podcast star prove that opposites attract nearly all the time, but there is one thing that Ali doesn't quite appreciate.Detailing their contrasting schedules during a past interview on Live with Kelly and Ryan, Ali told Kelly Ripa and Ryan Seacrest about George's morning ritual - which is sweet, but unsettling at times!VIDEO: Ali Wentworth and George Stephanopoulos' love story"He gets up at 2.30am every morning to start his day, so I feel to stay married I go to bed with him at 8.30pm every evening.MORE: George Stephanopoulos' heartfelt tribute to his family revealedMORE: Ali Wentworth reveals scary encounter live on air"He does one very annoying thing, although it's lovely. He has to kiss us all every morning.

90210 star Tori Spelling has told of the time Prince Charles asked to attend a party hosted by her parents in Los Angeles.MORE: Prince Charles and the Duchess of Cornwall express solidarity with Ukraine during royal visitThe actress was a teenager at the time, and she revealed that Charles attended one of her parents' parties in their home in the exclusive neighborhood of Holmby Hills in 1994, during a week-long tour of the city which included visits to a children's learning center.WATCH: Charles and Camilla greeted with cheers by residents"Her first party, and one of her only parties, was for Prince Charles," Tori shared on the 9021OMG podcast of mom Candy. "When he came to town, he wanted to have it there.""Aaron and I were honored to host Prince Charles at our home in 1994.

Charli XCX has shared "Baby," a new single from her forthcoming fifth studio LP, CRASH, out March 18. It follows a busy few months for the English artist that saw the release of "Good Ones" in September, "New Shapes" featuring Caroline Polacheck and Christine and the Queens in November, "Beg For You" featuring Rina Sawayama in January, and videos for all the above.

Biffy Clyro and Placebo have announced that they’ve pulled out of Moscow’s Park Live 2022 in light of the ongoing conflict between Russia and Ukraine.The annual festival – the purpose of which is to bring “pop-culture heroes of our time” to Russia – is due to take place at the Luzhniki Olympic Complex on June 16–19 and July 7–10/14-17.Biffy Clyro took to Instagram today (March 2) to announce that they will no longer be appearing at the festival.“Following the invasion of Ukraine, Biffy Clyro will no longer be appearing at Park Live festival in Moscow this Summer,” the band wrote, sharing an image of a Ukrainian flag. “Our thoughts and prayers are with all Ukrainian citizens and Russian people who desire peace.”A post shared by Biffy Clyro (@biffy_clyro)Placebo issued a statement on Twitter about their withdrawal.

Feel Good has won Best TV Series supported by 19 Crimes at the BandLab NME Awards 2022.The comedy-drama, co-written by and featuring Mae Martin, beat out It’s A Sin, Sex Education, Stath Lets Flats, and We Are Lady Parts for the award.Bimini and Adam Lambert presented the award to Martin after complimenting each other’s outfits on the night.Martin collected the award alongside co-star Charlotte Ritchie, writer Joe Hampson and director Luke Snellin. “Thank you so much, this is great,” Martin said.Snellin then added: “Thank you NME.

Jamie Lang With only two months before MipTV kicks off from Cannes, RX France (formerly Reed Midem) has revealed that more than 100 companies have confirmed their attendence for this year’s in-person TV content market, running April 4-6.Having faced various COVID-related setbacks over the past two years, MipTV has reinforced its strict health and safety protocols implemented to guarantee a safe and successful event and will require proof of full COVID-19 vaccination for all delegates looking to attend.Confirmed exhibitors thus far include Arte France, Beta Film, Catalan Films, CJ&EM, DR, Federation Entertainment, France Televisions, Kanal D International, Lionsgate, Newen Connect, NRK, Red Arrow Studios, SBS Content, SVT, Telefilm Canada, TF1 Studios, Unifrance, ViacomCBS Global Distribution Group, Warner Bros., YLE and ZDF Enterprises, among others. Buying and acquisition companies sending executives include, but are in no way limited to, Amazon, BBC, DR, France Televisions, Globo Brazil, ITV, Mediaset Group Italy, Mega TV, Movistar+, Nine Network Australia, Nordic Entertainment Group/Viaplay, Orange, RTE, RTL (Deutschland), Seven Network Australia, Sky, Starzplay, ViacomCBS, Warner Media Kids and YLE.“MipTV is back!” said RX France entertainment division director and MipTV director Lucy Smith.

Todd Spangler NY Digital EditorNow in the home stretch of unloading WarnerMedia, AT&T chief John Stankey appears to be primarily interested in not destroying any more value for shareholders than the telco giant already has with its ill-fated M&A strategy.This week, AT&T announced that the WarnerMedia divestiture will be structured as a spinoff ahead of its combo with Discovery. That will give telco shareholders pro-rata shares in the newly created Warner Bros.

Shares in both AT&T and Discovery opened down about 5% apiece on Tuesday morning, following news that AT&T would indeed, definitely spinoff WarnerMedia in a $43 billion deal with Discovery, Inc.There was previously a chance the two companies would execute a split instead.In addition to that decision, AT&T’s board of directors has approved an annual dividend of $1.11 per AT&T share.“In evaluating the form of distribution, we were guided by one objective — executing the transaction in the most seamless manner possible to support long-term value generation,” AT&T CEO John Stankey said this morning. “We are confident the spin-off achieves that objective because it’s simple, efficient and results in AT&T shareholders owning shares of both companies, each of which will have the ability to drive better returns in a manner consistent with their respective market opportunities.“We believe that the remaining AT&T and the new WBD are two equities that the market will want to own and the markets to support those equities will develop,” Stankey continued.

Todd Spangler NY Digital EditorAT&T announced that its board has decided to spin off the telco’s interest in WarnerMedia — rather than structure the media conglom’s divestiture as a split-off.The transaction will spin off 100% of AT&T’s interest in WarnerMedia to AT&T’s existing shareholders in a pro-rata distribution, followed by the merger of WarnerMedia with Discovery to form a new company, “Warner Bros. Discovery.” The deal is expected to close in the second quarter of 2022; previously, AT&T had targeted “mid-2022” for the close.Last week, on AT&T’s Q4 earnings call, CEO John Stankey had left said the board was still on the fence about whether to spin off WarnerMedia (and give AT&T shareholders pro-rata shares in the new Warner Bros.

Lionsgate’s feature take of Judy Blume’s classic Are You There God? It’s Me, Margaret has been scheduled for Sept. 16 this year.

While many filmmakers would jump at the opportunity to direct a Batman film, Matt Reeves took some convincing.

Patrick Frater Asia Bureau ChiefWarnerMedia has made three more senior content hires in Asia to bolster its original productions teams in advance of the launch of HBO Max in the region.In the Singapore-based team, Mark Francis has been appointed group lead of production and development (scripted and unscripted) and Wee Shi Ming has been named lead of entertainment content acquisition for North Asia content. They both report into Magdalene Ew, WarnerMedia’s head of content – entertainment for Southeast Asia, Taiwan and Hong Kong.In Mumbai, Saugata Mukherjee joins WarnerMedia as head of content – entertainment, India.

“The Batman” begins with him almost passing on the project altogether. When Reeves was originally offered the chance to meet with Warners about directing “The Batman,” the film had an existing script co-written by Ben Affleck – one that Reeves now admits he wasn’t too fond of tackling himself, despite calling it a “totally valid” take on a new Batman movie.Speaking with Esquire, Reeves relayed his initial conversations with Warner Bros.

Yahoo Finance. On Wednesday, AT&T reported adjusted EPS of 78 cents on $41 billion in revenue.“A year and a half ago, we began simplifying our business to reposition AT&T for growth and we’re extremely pleased with how we’ve executed on that commitment,” said John Stankey, AT&T CEO.

Filmmaker Matt Reeves and Warner Bros. are obviously going for it with their new iteration of the caped crusader, called, simply, “The Batman.” For one, it’s going to be nearly three hours long, that’s confirmed and bold as hell, it’s not at all connected to the current cinematic DC Universe, and The Batman is a younger version played by Robert Pattinson.