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- Shares of media conglomerate Discovery surged 17% on Friday, gaining momentum as investors eagerly anticipate a massive $43 billion merger with AT&T’s WarnerMedia, which cleared several regulatory hurdles and is expected to close in the next few months.
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Sep 12, 2024 · Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 10.1% in the morning session after the company announced a new carriage agreement with Charter...
- Radek Strnad
Apr 11, 2022 · The WarnerMedia-Discovery deal will intensify competition in the streaming market space, currently dominated by Netflix, Amazon and Disney+, driven by its solid content portfolio and increased...
AT&T (T) and Discovery (DISCA) have closed the $43 billion transaction that merges their media operations Time for Warner Bros. Discovery (WBD) to take the spotlight.
- Jason Aycock
Mar 14, 2022 · AT&T stockholders will end up owning 71 percent of the new Warner Bros. Discovery, with Discovery shareholders holding the rest. Discovery CEO David Zaslav will run the merged giant, with...
Apr 8, 2024 · Warner Bros. Discovery was officially created when Discovery and AT&T’s WarnerMedia closed their megamerger on April 8, 2022. Two years later, the entertainment giant, led by CEO David...
Apr 8, 2022 · Warner Bros. Discovery to Begin Trading on the Nasdaq as “WBD” on Monday, April 11. (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.
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...