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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Charter Communications Selling $1.5 Billion In New Debt To Pay Down Old & Buy Back Stock
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deadline.comJill Goldsmith The nation’s second largest cable operator Charter Communications said Monday it’s selling $1.5 billion in debt and could use the fresh cash to repay existing debt and fund share buybacks.It expects to close the offering of senior unsecured notes due in 2031 on July 9.The company sold $3 billion in senior notes in April as media companes sought a cash cushion in the midst of the fast-spreading, economy-devastating coronavirus pandemic.Charter had approximately $79 billion of debt outstanding as of March 31, including $54.6 billion of senior secured debt, according to ratings agency Fitch, which in a note Monday praised the company’s “market share-driven strategy focusing on enhancing the overall competitiveness of its video.
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