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      • Discovery Inc. and WarnerMedia closed their megamerger Friday afternoon, adding a new behemoth to the entertainment industry. The two companies will combine television, movie and news operations that draw revenue of nearly $50 billion, forming one of the biggest media companies in the country.

      Discovery Closes In on Acquisition of WarnerMedia - The New ...

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  3. screenrant.com › warnermedia-discovery-att-dealWarnerMedia & Discovery Deal Explained: What It Means For HBO ...

    May 18, 2021 · With competition between streaming platforms fierce, WarnerMedia/Discovery could gain an edge by creating a one-stop shop for some of the biggest movie and TV brands, ranging from scripted drama to live sports. This was also Disney's strategy when it created its bundle of Disney+, Hulu and ESPN+.

    • Hannah Shaw-Williams

  4. www.cnn.com › 2022/04/08 › mediaDiscovery takes control of HBO, CNN, and Warner Bros ...

    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...

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  6. ir.corporate.discovery.com › news-and-eventsCombination of Discovery and WarnerMedia Creates Warner Bros ...

    Apr 8, 2022 · The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with the start of trading on Monday, April 11, under the new ticker symbol “WBD.”.

  7. variety.com › 2022 › tvDiscovery-WarnerMedia Merger Closes - Variety

    Apr 8, 2022 · Discovery has completed its $43 billion acquisition of WarnerMedia from AT&T to form new company Warner Bros. Discovery.

  8. www.theverge.com › 2022/4/8 › 22972247WarnerMedia and Discovery have completed their mega-streaming ...

    Apr 8, 2022 · Investors today approved the multibillion-dollar deal that will allow AT&T, WarnerMedia’s current owner, to offload its content powerhouse to Discovery and form a new business under the name...

    • Catie Keck

  9. www.nytimes.com › discovery-warner-mediaDiscovery Closes In on Acquisition of WarnerMedia - The New ...

    Apr 8, 2022 · The decision by AT&T, WarnerMedia’s parent company, to spin off its entertainment division and merge it with Discovery — in a deal announced in May — will be felt throughout the media world...

  10. www.ft.com › content › a424c8ae-c879-455c-8b57-fcfAT&T’s WarnerMedia and rival Discovery to create global ...

    May 17, 2021 · AT&T has agreed to spin off and combine WarnerMedia with its rival Discovery in a multibillion-dollar deal to create a media empire that has the programming heft to compete with Disney and...

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