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residentgrigo
Joined: 23 Dec 2007
Posts: 2425
Location: Germany
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 Posted: Thu Aug 13, 2020 10:00 pm
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AT&T is currently 150 billion $ in the red. Look up what is going with their DC comics right.
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enurtsol
Joined: 01 May 2007
Posts: 14773
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Posted: Fri Aug 14, 2020 6:19 am
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| residentgrigo wrote: | |
AT&T is currently 150 billion $ in the red. Look up what is going with their DC comics right. |
Yep. Those debts carry interest that they have to pay, so the company said in its last earnings report that paying down debt remains a top priority
| Quote: | | The company's communications, broadband and enterprise businesses continue to drive revenue (and account for more than 60 percent of AT&T's total revenue) and incoming CEO John Stankey told analysts on the company's last earnings call "they also provide a foundation that can absorb pressure from the other parts of the business that are facing headwinds because of COVID-19." That includes AT&T's media business. WarnerMedia and DirecTV have been severely impacted by the pandemic, with advertising declines, cord-cutting, shuttered movie theaters and the shutdown of essentially all TV and film productions. |
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AntiKuro
Joined: 01 Aug 2017
Posts: 200
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Posted: Fri Aug 14, 2020 7:56 pm
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If Crunchyroll gets sold does that mean the original series they've been doing also get canceled? How does that work exactly.
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lossthief
ANN Reviewer
Joined: 14 Dec 2012
Posts: 1397
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Posted: Fri Aug 14, 2020 9:39 pm
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| AntiKuro wrote: | | If Crunchyroll gets sold does that mean the original series they've been doing also get canceled? How does that work exactly. |
If CR has already announced them, those productions are almost certainly already paid for and are underway, if not already completely and waiting to be released. If the company is sold, it would be any future/hypothetical productions that would be questionable, as it would likely decide on what the executives of the new corporation/conglomerate want to do moving forward.
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Beatdigga
Joined: 26 Oct 2003
Posts: 4379
Location: New York
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Posted: Fri Aug 14, 2020 10:40 pm
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If Crunchyroll hasn’t done so itself already, I’m pretty sure whatever buyer they get will probably lock FreakAngels in a vault never to emerge again.
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DerekL1963
 Subscriber
Joined: 14 Jan 2015
Posts: 1114
Location: Puget Sound
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Posted: Sat Aug 15, 2020 10:36 am
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| AntiKuro wrote: | | If Crunchyroll gets sold does that mean the original series they've been doing also get canceled? How does that work exactly. |
When a business gets sold, it continues exactly as it did before - only with new owners. The new owners may choose to shake things up, but they're going to be constrained by any contracts that were already signed.
So, any production that's already signed for will probably continue unless the new owners want to take the financial and reputation hits. Future productions? There's no way to predict.
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