AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal

Sydney Sweeney‘s massive diamond ring is, in fact, an engagement ring!

She certainly does make it look easy! Jennifer Lopez, 52, proved she is a natural beauty through and through, as she was spotted going makeup free on Wednesday (March 2). While filming her new movie The Mother in Spain, the singer/actress/producer showed off her good genes by looking absolutely ageless. Jennifer was all smiles while rocking a casual, yet chic, cable knit sweater.

Camila Cabello, 24, has poured her heart out with her most recent single “Bam Bam” and it seems those feelings are one-hundred percent authentic. A source close to the Havana singer EXCLUSIVELY told HollywoodLife that “Bam Bam” is “absolutely about her breakup with Shawn Mendes.” She has seemingly used the song to gain closure and close the door on their relationship for good.

Michael Bublé is showing his support for Ukraine.

Hulu has released an official trailer for “The Girl From Plainville” — a limited series inspired by the true story of Michelle Carter’s “texting suicide” case.Based on Jesse Barron’s Esquire article of the same name, “The Girl From Plainville” dives into Carter’s (Elle Fanning) relationship with Conrad Roy III (Colton Ryan) and his following death, which led to her conviction of involuntary manslaughter.“All he thought about was dying… I really just wanted to help him,” says Fanning’s Carter in the gripping trailer, which is full of unsettling text messages and moments both following and leading up to Roy’s death.In addition to Fanning and Ryan, the series also stars Chloë Sevigny as Lynn Roy, Cara Buono as Gail Carter, Kai Lennox as David Carter and Norbert Leo Butz as Conrad Roy II. Hailing from UCP of the Universal Studio Group, “The Girl From Plainville” is written and executive produced by showrunners Liz Hannah and Patrick Macmanus.

Emmerdale has cast EastEnders star Louise Jameson as Rhona Goskirk's mother Mary on the ITV soap. In upcoming scenes, Mary will "burst onto the scene just in time to interrupt a very important moment in Rhona’s life".The hit ITV soap has teased: "No nonsense Mary has a strained relationship with her daughter who has always felt she was never good enough for her mother.

Leigh-Anne Pinnock Leigh-Anne Pinnock opted for a daring outfit on the red carpet at the NME Awards, six months after welcoming twins.The Little Mix singer, 30, who is engaged to footballer Andre Gray, also 30, recently celebrated half a year since giving birth to her “miracle” babies and shared a sweet snap of her and her little ones while on a family holiday to Jamaica. Showing off her figure at the awards ceremony at the O2 in Brixton, the star bared her toned midriff as she wore a cropped white top with see-through panels and a pair of baggy trousers.The star then wore a long white coat over her outfit and wore her hair tied up, as she let her outfit take centre stage with minimal accessories and natural-looking makeup.

50 Cent is done with Starz.

BandLab NME Awards 2022 award winners Bring Me The Horizon are due to stage their own festival in Malta in May – an event they’ve said will be “like Fyre Festival but with better sandwiches”.The Sheffield band were speaking to NME from the winner’s room after picking up the trophy for Best Band From The UK Supported By Pizza Express.Bring Me’s Malta festival, announced last November, will take place from May 26-30 and feature a full live show and an exclusive retrospective set from the band.Discussing what to expect from the event, drummer Mat Nicholls promised “bingo with Jordan Fish [BMTH keys player]. It’s called ‘Bringo’.”“It’s like Fyre Festival but with better sandwiches,” frontman Oli Sykes added.The festival’s line-up, handpicked by the band, includes Bullet For My Valentine, Beartooth, PVRIS, Motionless In White, Spiritbox, Nova Twins and Wargasm.There will also be a host of club nights, pool party takeovers and boat parties.

Robert Pattinson is getting candid about going shirtless.

Life Is Beautiful returned last year with headliners Tame Impala, Green Day and Billie Eilish.During the festival, Eilish used her time on stage to debut three tracks from her album ‘Happier Than Ever’ for the first time, and told the crowd it felt like “a dream I’ve had many, many times in the last year… I can’t tell you how excited I am to be with you guys and to see all of your beautiful faces.”You can see NME’s photos from the 2021 festival here.

Bring Me The Horizon closed the BandLab NME Awards 2022 tonight (March 2) with a storming six-song set which the band dedicated to the people of Ukraine.Taking to the O2 Academy Brixton stage for their ceremony-ending set, BMTH, who were proudly displaying the Ukrainian flag on their bass drum skin, launched into ‘Can You Feel My Heart’.They then played ‘Parasite Eve’ (where they were joined by two dancers in yellow hazmat suits), ‘Die4U’, ‘Mantra’ and ‘1×1’, which they performed with help from Nova Twins.Prior to their set-closing track ‘Throne’, BMTH frontman Oli Sykes paid tribute to the Ukrainian people following last week’s Russian invasion.“I guess it’s better being here in a room full of influential people: they need to use their voice every single day until this crisis is over,” he told the room.“If Kyiv does not survive, international peace will not survive,” he added, before the band tore into ‘Throne’.Earlier in the night, the Sheffield five-piece collected the award for Best Band From The UK Supported By Pizza Express. Elsewhere, the likes of Sam Fender, Lorde, Fontaines D.C.

Bobby Gillespie has won Best Music Book at the BandLab NME Awards 2022 this evening (March 2) for Tenement Kid.The Primal Scream frontman’s memoir beat music books by Dave Grohl (The Storyteller: Tales Of Life And Music), Michelle Zauner of Japanese Breakfast (Crying In H Mart), Questlove (Music Is History) and Paul McCartney (The Lyrics) for the win.“I’m very pleased and honoured to receive the Best Music Book award,” said Bobby. “Thank you NME!”Published October 21, Tenement Kid tells Gillespie’s story up until the creation of Primal Scream’s classic album ‘Screamadelica’.In 2007, Primal Scream were crowned Godlike Genius at the NME Awards.

Bob Odenkirk revealed he was in a "financial hole" and bankrupt before he was offered a role on "Breaking Bad." Odenkirk opened up about his financial issues during a recent interview on Howard Stern's SiriusXM show. "Yes, I was. Which was crazy," Odenkirk responded when Stern brought up his bankruptcy.

Ryan Reynolds has Ukraine in his thoughts.

Marvel universe on Disney's streaming service. (It appears that Disney+ is collecting Marvel titles like infinity stones — just for a more benevolent purpose than Thanos.)Sign Up for Disney+Slowly integrating Marvel shows and movies to Disney+ makes it easier for fans to catch up with their favorite characters on one streaming service.

The Songwriters Hall of Fame will celebrate this year’s Oscar-nominated songwriters with an all-star virtual event, A Conversation with 2022 Oscar-Nominated Songwriters for Best Original Song, to be presented on March 3, 2022 at 5 pm Pacific time.

The original Viper Room is fading to black.

Tiffany Haddish-fronted murder mystery comedy The Afterparty will be back for a second case.

Red Hot Chili Peppers have said that they have a “loose plan” to release another new album after their forthcoming LP ‘Unlimited Love’.The returning four-piece announced their twelfth studio album last week, which is set to arrive on April 1 via Warner Bros. It’ll be their first full-length record since 2016’s ‘The Getaway’.Speaking to NME in last week’s Big Read, RHCP frontman Anthony Kiedis and returning guitarist John Frusciante said that, going forward, their fans could expect new material from the band on a more frequent basis.“We’re gonna put out music by the handful – literally,” Kiedis told NME.

Patrick Frater Asia Bureau ChiefAustralian streaming service Stan has renewed its exclusive content partnership with Hollywood studio MGM. The deal covers series and film titles.

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.

AT&T shares are down in pre-market trading after the telecom giant said it will spin off WarnerMedia as part of the entertainment unit’s pending $43 billion merger with Discovery.

Joseph Morgan (The Originals) and Franka Potente (Taboo) have been cast as series regulars and Lisa Ambalavanar (Doctors) as a recurring for the upcoming fourth season of DC’s Titans on HBO Max.

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.

There are far weightier consequences of the Omicron variant’s holiday-season surge than New York media types having to puzzle out the fate of red-carpet events.

The CW’s flagship DC series, The Flash, is headed to a ninth season. Star Grant Gustin is finalizing a new contract to return as the title character in the hit show, from Berlanti Productions and Warner Bros. Television, sources said.

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.