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- On May 17, 2021, three years after the acquisition, AT&T decided to sell its ownership of WarnerMedia in a merger with Discovery, Inc. to form a new publicly traded company, Warner Bros. Discovery. On April 8, 2022, WarnerMedia was divested by AT&T and merged with Discovery, Inc. to form Warner Bros. Discovery (WBD).
en.wikipedia.org/wiki/Warner_Bros._Discovery_Networks
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Apr 8, 2022 · Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav. The deal combines two treasure troves of content and foreshadows...
Apr 8, 2022 · The parents of HBO Max and Discovery Plus have officially completed their merger, allowing WarnerMedia and Discovery to build what the companies have said will be “the most differentiated ...
- Catie Keck
May 17, 2021 · The move to spin off Time Warner, later named WarnerMedia, and combine it with Discovery comes as Netflix and Disney have emerged as the dominant players in the direct-to-consumer streaming...
- 1 min
- Jason Abbruzzese,Dylan Byers
Apr 8, 2022 · Discovery execs have already confirmed long-term plans to combine streaming platforms HBO Max and Discovery Plus as one platform under Warner Bros. Discovery.
2 days ago · July 5, 2024 at 7:46 PM PDT. Listen. 2:15. Discovery Inc. investors who challenged the entertainment firm’s $43 billion merger with AT&T Inc. ’s WarnerMedia unit reached a $125 million ...
Apr 8, 2022 · NEW YORK and DALLAS, April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * ( NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq ...
Apr 8, 2022 · Discovery and AT&T’s WarnerMedia have officially closed their merger on Friday, creating a new media and entertainment giant titled Warner Bros. Discovery. The completion comes about 11...
