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FCC Fines TV Sinclair Broadcast Group Affiliated Stations $9M For Breach Of Good Faith In Retrans Negotiations With AT&T

The FCC Wednesday announced fines totaling $9 million on 17 stations – or eight licensees – affiliated with Sinclair Broadcast Group for not negotiating retransmission consent agreement with AT&T in good faith. The so-called Forfeiture Order imposed a per-station penalty of $512,228 against each defendant “for willfully and repeatedly violating the Commission’s good faith negotiation standards,” […]

AT&T CEO John Stankey Says WarnerMedia-Discovery Deal On Track – ‘No News Is Good News’

AT&T CEO John Stankey said the company is working closely with regulators on the WarnerMedia-Discovery deal announced in late May and so far hasn’t seen anything “that’s been particularly problematic” in the review process. “No news is good news,” he said on a conference call to discuss the telecom and broadband giant’s quarterly earnings. “We’re […]

AT&T Adds 2.8M HBO And HBO Max Subscribers In Q2, Smashes Wall Street Forecasts

HBO and HBO Max added 2.8 million subscribers in the second quarter, reaching 47 million in the U.S. and helping parent AT&T handily beat Wall Street forecasts. Total AT&T revenue of $44 billion rose almost 8% from the year-earlier period and topped analysts’ consensus estimate of $42.6 billion. Earnings per share went up 7% to […]

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