© 2020 Verizon Media. [3] In July 2017, AT&T was reportedly looking to acquire full ownership of the company along with other joint ventures inherited in its acquisition of satellite TV provider DirecTV. Otter Tail Corporation will issue a news release announcing third quarter 2020 earnings results after market close on Monday, November 2, 2020 and will host a live conference call and webcast on Tuesday, November 3, 2020 at 10:00 a.m. CT to discuss the corporation’s financial and operating performance. Otter Tail Corporation Common Stock (OTTR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. [8], On June 20, 2018, Recode reported that AT&T was close to buying out Chernin's stake in Otter Media, on the heel of its acquisition of Time Warner (whose digital media holdings included Machinima). Currency in USD, Trade prices are not sourced from all markets, Buying Tesla Stock? Crunchyroll raises its monthly subscription price to $7.99, WarnerMedia hires Bob Greenblatt in leadership shuffle, Streaming roundup: Netflix, Amazon represent at Golden Globes… Quibi ramping up, Sinclair Broadcast Group Inc/ (Hunt Valley MD), Rooster Teeth spared as parent Otter Media cuts 10% of jobs, AT&T’s Otter Media lays off 10%, folds in Machinima, Fullscreen CEO steps down in wake of AT&T acquisition, Streaming service VRV adds NickSplat, a channel featuring classic 90’s Nickelodeon TV, Reese Witherspoon launches VOD channel on AT&T, DirecTV, AT&T is keeping the acquisition machine humming with reports of potential buys in ads, content, Fullscreen buys Reelio to build influencer marketing services, Former DirecTV exec named Otter Media CEO, Fullscreen shuts down Netflix alternative streaming service, Fullscreen lays off 3% of its staff to focus on original programming, Report: AT&T seeking media acquisitions in $2 billion to $50 billion range, 3BL Media: Corporate Social Responsibility, Energy and Health News, Chernin Group-AT&T joint venture Otter Media gets the Creativebug for $10 million. New users enjoy 60% OFF. The company if it were to be fully acquired by AT&T will cost a valuation of $1 billion. In November 2016, Otter Media and actress Reese Witherspoon formed Hello Sunshine, a joint venture focused on telling female-driven stories on film, TV, and digital platforms. Wait Until You See This. [16][17][18], On March 4, 2019, following the reconstruction of WarnerMedia's businesses, Otter Media became part of Warner Bros. Free forex prices, toplists, indices and lots more. In January 2018, Otter Media bought the remaining stake in Ellation, the owner of VRV and Crunchyroll, and integrated it as Otter Media's Consumer Division. My name is Loren Hanson and I manage Otter Tail's Investor Relations area. Do the numbers hold clues to what lies ahead for the stock? [13], On August 22, 2018, Ellation formed Ellation Studios, a production studio with facilities in both the U.S. and Japan, to produce original content for Crunchyroll and VRV. [11] Since February 2018, its CEO is Tony Goncalves (who was an AT&T Digital executive). In April 2014, AT&T]] and the Chernin Group established Otter Media as the 50:50 joint venture to offer OTT services. From Business Journals. [25], WarnerMedia Distribution, Streaming and International, "AT&T Digital Executive Named CEO of Otter Media", "AT&T, Chernin Group Invest $500 Million in Over-the-Top Video Venture", "Reese Witherspoon, Otter Media Pact For New Company Hello Sunshine", "Chernin, AT&T Set Brand for New Online Video Venture: Ellation (Exclusive)", "Chernin's Otter Media Aims for More Than $200M Revenue This Year", "AT&T-Chernin J.V.