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May 17, 2021 · Telecom giant AT&T announced Monday a deal to combine its content unit WarnerMedia with Discovery, paving the way for one of Hollywood’s biggest studios to compete with media giants Netflix...
May 17, 2021 · The new company will compete globally in the fast-growing direct-to-consumer business -- bringing compelling content to DTC subscribers across its portfolio, including HBO Max and the recently launched discovery+.
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...
May 18, 2021 · Together, Warner and Discovery will become the second-largest media group by revenue after Disney, with $41bn in sales annually — a figure that Zaslav anticipates will rise to $52bn by 2023.
May 20, 2021 · Will the merger of WarnerMedia with Discovery give it the scale to compete globally? Kate Bulkely considers what impact it will have on the media landscape and how competitors will react.
May 17, 2021 · Beyond making more money for shareholders, today’s deal was driven by one overriding reality: Old-school media companies need to get bigger to survive against Netflix in the battle for streaming...
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May 18, 2021 · The move leaves AT&T to focus on its telecom business, which looks less bright after being overshadowed by its expensive — and ultimately futile — deal-making binge in media and entertainment...
