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Feb 3, 2022 · CNN is currently owned by WarnerMedia and therefore AT&T. However, AT&T is preparing for a merger with Discovery, which will unwind its previous acquisition of Time Warner.
- Kathryn Underwood
Cable News Network (CNN) is a multinational news channel and website operating from Midtown Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the Manhattan-based media conglomerate Warner Bros. Discovery (WBD), [2] CNN was the first ...
May 17, 2021 · AT&T and Discovery, Inc. have announced a deal to spin off WarnerMedia and combine it with Discovery in a new standalone media company. WarnerMedia is CNN's parent company.@BrianStelter reports.
May 17, 2021 · CNN is set to change corporate hands for the second time in just a few years as AT&T spins off all of WarnerMedia in a transaction with Zaslav’s Discovery, Inc.
Apr 8, 2022 · With Friday’s deal “close,” in Wall Street speak, AT&T has officially unwound its 2018 takeover of Time Warner and refocused on its core business.
May 17, 2021 · The new company is the result of AT&T spinning off WarnerMedia, which owns a variety of major media properties including CNN, TBS, TNT, Warner Bros. film and television studio and HBO, into a...
May 17, 2021 · The proposed transaction, which would require the approval of federal regulators, would mark a stunning retreat for AT&T, which spent $85 billion three years ago to buy Time Warner Inc., the...
