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- US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery in a deal to create a new streaming giant. The tie-up brings one of Hollywood's biggest studios and Discovery's channels under the same ownership.
www.bbc.co.uk/news/business-57139433
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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 · HBO Max and Discovery Plus are expected to merge into a single platform. The agreement will allow AT&T to pay off its gargantuan debt while positioning Discovery as a more formidable competitor...
- Catie Keck
Apr 5, 2022 · As Discovery and WarnerMedia leaders go full throttle on final merger preparation for the anticipated April 8 closing date, the industry is eager to learn how Warner Bros., HBO and the former...
May 17, 2021 · AT&T is merging its media business, WarnerMedia, with Discovery to create a new media giant. Between them, the two companies operate a range of TV channels and media brands, from CNN to HBO...
Apr 8, 2022 · As of the end of 2021, which was the last time WarnerMedia revealed streaming subscriber data, HBO and HBO Max currently have a combined 73.8 million subs. Comparatively, Discovery reported...
May 17, 2021 · AT&T's move to spin off WarnerMedia and combine it with Discovery comes as Netflix and Disney have shown the upside of direct-to-consumer streaming platforms.
Apr 8, 2022 · (New York, NY) — 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.
