Yahoo Web Search

Search results

  1. Nov 8, 2023 · Michael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what's pressuring Warner Bros. Discovery's stock, his reaction to WBD's...

    • 4 min
    • 8K
    • CNBC Television
  2. May 17, 2021 · Today we analyze the AT&T #T #Stock Deal with Discovery #DSCA Stock to combine Warner Media with Discovery. We discuss the deal and what it will mean for AT&...

    • 18 min
    • 18.9K
    • The Investor Channel
  3. Mar 14, 2022 · In the big deal, expected to close during the second quarter, AT&T will next spin off WarnerMedia and merge it with Discovery, with AT&T shareholders set to receive an estimated 0.24 share in the...

    • What Happens If You Own AT&T?
    • What Happens If You Own Discovery Communications?
    • Is Warner Bros. Discovery A Good Investment?

    AT&T's WarnerMedia will represent 71% of the newly formed Warner Bros. Discovery, and its shareholders will receive approximately 0.24 shares of the new company for each share of AT&T stock owned. Before that happens, you will have the opportunity to decide whether you want to own just AT&T or Warner Bros. Discovery, or both companies. If you own A...

    Discovery Communications will represent the remaining 29% of the new Warner Bros. Discovery company. Discovery Communications and its three share classes will no longer exist as the company, unlike AT&T, will fully be merged into Warner Bros. Discovery. Immediately before the merger, Discovery plans to reclassify its three share classes into one sh...

    Warner Bros. Discovery has guided for an impressive $52 billion in revenue in 2023 with $15 billion being direct-to-consumer (DTC), which includes popular streaming services like HBO Max and Discovery Plus. For comparison, Walt Disney, in its fiscal year 2021, made $50 billion in revenue with its media and distribution arm -- $16.3 billion of which...

  4. 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 Zaslav,...

  5. May 17, 2021 · AT&T announced on Monday that WarnerMedia and Discovery are merging to become a new company that will immediately become one of the largest U.S. media businesses.

  6. People also ask

  7. Mar 11, 2022 · Discovery shareholders have formally approved the mega-combination of the factual and lifestyle media powerhouse with AT&T’s entertainment division WarnerMedia, setting the stage for the merger...