$T (24%) YTD Loss to $30

MA (50)=$32

Q1'20 YOY

Rev=$42.8B, down (4.6%)
Mobility=$17.4B
Entertainment=$10.5B, down (7%)
WarnerMedia=$7.4B, down (12%)
Bsn=$6.3B, down (2%)
Turner=$3B, down (8%)
-Ads down (24%)

Gain: $4.6B

CEO Stephenson steps down as CEO

'20 Outlook Withdrawn https://t.co/hs0rUHgbWJ