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      • Discovery Inc. and WarnerMedia closed their megamerger Friday afternoon, adding a new behemoth to the entertainment industry. The two companies will combine television, movie and news operations that draw revenue of nearly $50 billion, forming one of the biggest media companies in the country.
      www.nytimes.com/2022/04/08/business/media/discovery-warner-media.html

      Discovery Closes In on Acquisition of WarnerMedia - The New ...

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  3. en.wikipedia.org › wiki › WarnerMediaWarnerMedia - Wikipedia

    The WarnerMedia media conglomerate became defunct on April 8 due to the merger with Discovery, Inc. to form Warner Bros. Discovery (WBD), but the name is still used, such as on products of WBD's subsidiaries like on the DVDs of Cartoon Network and Adult Swim shows and movies.

  4. www.theverge.com › 2021/5/17 › 22439964AT&T is merging WarnerMedia with Discovery to create a new ...

    May 17, 2021 · AT&T announced this morning it’s spinning off its media business WarnerMedia and merging it with TV company Discovery, creating a major new player in the media world to compete with firms like...

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  6. variety.com › 2024 › tvBefore NBCU Considered Spinning Off Cable Networks, It Shut ...

    1 day ago · Indeed, Warner in August unveiled a massive $9.1 billion write-down of its TV assets, citing business headwinds as well as the projected loss of its lucrative agreement with the NBA to show games ...

  7. variety.com › 2022 › tvDiscovery-WarnerMedia Merger Closes - Variety

    Apr 8, 2022 · Discovery has completed its $43 billion acquisition of WarnerMedia from AT&T to form new company Warner Bros. Discovery.

  8. www.latimes.com › entertainment-arts › businessAT&T plans to spin off WarnerMedia. What went wrong? - Los ...

    May 17, 2021 · AT&T’s WarnerMedia, Discovery to merge in blockbuster $43-billion deal. May 17, 2021. AT&T found itself stretched financially as it simultaneously tried to build a nationwide 5G telephone network...

  9. www.cnn.com › 2021/05/17 › mediaAT&T to spin off and combine WarnerMedia with Discovery in ...

    May 17, 2021 · On Monday morning AT&T (T) and Discovery, Inc. announced a deal under which AT&T (T) ’s WarnerMedia will be spun off and combined with Discovery in a new standalone media company. The deal ...

  10. www.cnn.com › 2022/04/08 › mediaDiscovery takes control of HBO, CNN, and Warner Bros ...

    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...

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