In a year tainted by the coronavirus pandemic, the show must go on and the Golden Globes did just that on Sunday night — virtually.
AT&T (NYSE: T) took a big step toward cutting the cord on its pay-TV business. AT&T will retain 70% ownership of the new company, but it will get a much-needed cash infusion as part of the deal, valuing the business at $16.25 billion. It's not an ideal end result from AT&T's $67 billion DIRECTV acquisition from 2014, but it's necessary for AT&T to move forward.
AT&T Inc.* (NYSE:T) will webcast a talk by John Stephens, AT&T Inc. senior executive vice president and chief financial officer, at the Deutsche Bank Media, Internet & Telecom Conference on March 8, 2021. The presentation will be held virtually and is scheduled to begin at 10 a.m. ET.