With Spinoff, AT&T Picks Safer Exit for WarnerMedia

according to Microsoft. “You can have Naughty by Nature performing live in the metaverse,” Bucano said, “and they won’t be the traditional avatars, it’d be the actual group.”Carnevale said other metaverse experiences the museum hopes to include are Grandmaster Flash scratching records at block parties in the 1970s and Notorious B.I.G.

Stevie Farrell felt his side could’ve been 6-1 up at half-time, as the Sons swept aside Clyde to move up to seventh in the League One table.

Livingston exited the Scottish Cup in agonising fashion as they went down on penalties following a spirited performance away to Hearts following a 0-0 draw.

A primary school in Lanarkshire is celebrating gaining a new reading accreditation.

Little Mix songstress Perrie Edwards has teased that she is working on new solo music as she posed up a storm in the recording studio.The 28 year old, who sparked music rumours in January as she was filmed by fellow singer and songwriter Kamille excitedly arriving at a music studio with musician Fred Again, appeared to be in her element as she shared a collection of snaps to her 14.2million Instagram followers. Perrie, who became a mum to five month old baby Axel in 2021 with partner Alex Oxlade-Chamberlain, dressed head-to-toe in her £110 disora neutral tracksuit as she donned headphones in a recording booth.

“There’s nothing wishy-washing about working with Phyllis Nagy,” Elizabeth Banks tells Deadline of working with the Call Jane director. “She’s very gentle with her direction but she’s also firm with what she expects or wants out of something, which I really appreciate.”

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Some of the hottest rising stars in young Hollywood stepped out to attend the Art of Rodarte VIP launch event during New York Fashion Week!

The studio sci-fi epic “Dune” not only impressed critics and audiences alike, but it also got on the radar of the Academy Awards earlier this week. The dramatic space opera earned an impressive ten Academy Award nominations, only being beaten by “The Power of The Dog,” which nabbed twelve.

Todd Spangler NY Digital EditorDiscovery investors will be asked to approve the $43 billion deal to combine with WarnerMedia, which AT&T is spinning off, at a March 11 virtual meeting.Discovery announced the date in a letter to shareholders, which it disclosed in an SEC filing Thursday. On that same day, AT&T has scheduled a virtual investor conference where the company said it will provide “additional insight and expectations for financial and operational performance of AT&T’s Communications segment” following the close of the WarnerMedia transaction.The pact cleared a major hurdle this week after U.S.

Discovery has set March 11 as the date of a special shareholder meeting to hold a vote on the company’s proposed merger with AT&T’s WarnerMedia.

Selome Hailu CBS has given a pilot order to “East New York,” a drama series written by William Finkelstein and Mike Flynn.The series follows Regina Haywood, the newly promoted police captain of East New York, an impoverished, working class neighborhood at the eastern edge of Brooklyn. She leads a diverse group of officers and detectives, some of whom are reluctant to deploy her creative methods of serving and protecting during the midst of social upheaval and the early seeds of gentrification.Finkelstein is best known for his writing and producing work on a number of police and legal dramas.

CBS has had a busy week of picking up drama pilots.

Brian Steinberg Senior TV EditorAT&T and Discovery have gained clearance for their much-anticipated deal to spin off WarnerMedia so it can merge with Discovery, a deal that has already been approved in Europe. The approval of Discovery shareholders is the last barrier to the deal moving forward.The companies disclosed the matter in two different filings Wednesday with the U.S.

The pending merger between AT&T’s WarnerMedia and Discovery, Inc. has received approval from U.S.

The merger of AT&T’s WarnerMedia and Discovery has cleared U.S. regulators, the companies announced Wed.,  in the last major hurdle for the $43-billion deal.

Hannah Waddingham has no idea what to expect!«They are just brilliant, brilliant brains, but they know better than to tell me anything at all,» said the actress, who plays AFC Richmond team owner Rebecca Welton, of the beloved Apple TV+ show's creative team, which includes creator and star Jason Sudeikis.Waddingham confirmed to ET that after some delays, the show is due to start production on season 3 in early March. Much ado has been made about the series' planned three-season run, which would make the upcoming episodes their last, but, given that the show has been such a hit with fans and critics alike, many, Waddingham included, can't help but wonder if Sudeikis might end up changing his mind.«He has always said that there is a beginning, a middle and an end,» she recalled, «which is why he was very specific about telling everyone that [season 2] was the middle, kind of vibe.»However, Waddingham admitted, «If I were Apple and Warner Bros., I'd be leaning on him like a lunatic and putting him in a corner in a little cage and giving him a notebook and a pen… It's too beautiful.»If the series ends up extending its run, it would be far from the first surprise for the actress, who earned acclaim on the West End before breaking through in television with her role as the ice queen-turned-supportive team owner.

Carlos Saldanha, director of “Ice Age” and “Rio” franchise movies and creator of Netflix series “Invisible City,” is joining forces with Brazil’s outfit Ventre Studio and Warner Bros. Pictures to co-create and direct superhero feature project “Iemanjá – Ocean’s Goddess.”“Iemanjá” is planned as the first movie in a series that transports the Brazil’s Candomblé gods to a superhero universe, being a pioneering Brazilian production of this genre.Following a crucial theme in Brazilian culture, “Iemanjá – Ocean’s Goddess” will tell the story of Iemanjá, an Orixá or goddess adored by the Brazilian people and also known as the Queen of the Sea.

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.

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.

Michael Schneider Variety Editor at Large“We Baby Bears” — the origins story of “We Bare Bears” brothers Grizz, Panda, and Ice Bear — is returning for a second season. WarnerMedia Kids & Family has renewed the prequel series for a second season, which will air on HBO Max and Cartoon Network.

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.

Despite only earning $84 million worldwide (in light of its HBO Max debut and the pandemic), it appears Warner Bros. is still excited about the “Mortal Kombat” franchise.

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.

Sony Pictures has acquired global rights to Rosalind Ross’ feature directorial debut Father Stu, starring and produced by Oscar nominee Mark Wahlberg.