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      • The deal gave AT&T—which had owned WarnerMedia, and has now exited the entertainment industry—$43 billion cash and debt securities, with WarnerMedia spun off and combined with Discovery. AT&T shareholders received stock representing 71% of Warner Bros. Discovery, and Discovery shareholders own 29% of the new company.
      www.adweek.com/convergent-tv/discovery-warnermedia-officially-complete-merger/

      Discovery, WarnerMedia Officially Merge in $43 Billion Deal

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  3. www.latimes.com › entertainment-arts › businessWarner Bros. Discovery gets a new logo, but challenges loom ...

    Jun 3, 2021 · New York-based Discovery, which owns such popular cable channels as Food Network, HGTV, Animal Planet and OWN, is scrambling to adapt as consumers ditch cable TV for streaming platforms.

  4. www.adweek.com › convergent-tv › discovery-warnerDiscovery, WarnerMedia Officially Merge in $43 Billion Deal

    AT&T shareholders received stock representing 71% of Warner Bros. Discovery, and Discovery shareholders own 29% of the new company.

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    • Warner Bros Discovery unveils new name, logo, and tagline
    • Warner Bros. Discovery vector logo (.EPS + .AI + .CDR) download for free

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  6. ir.corporate.discovery.com › news-and-eventsWarner Bros. Discovery - Combination of Discovery and ...

    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.

  7. www.theverge.com › 2021/6/1 › 22448140Discovery announces new name of WarnerMedia merger: Warner ...

    Jun 1, 2021 · AT&T shareholders will own 71 percent of the new company, so it’s really more like WarnerMedia is being freed from AT&T and picking up Discovery along the way. The hope is that the combined...

    • Jacob Kastrenakes

  8. screenrant.com › warner-bros-discovery-name-logoWarner Bros Discovery New Name, Logo & Tagline Revealed

    Jun 1, 2021 · A name for the new media company created as a result of the WarnerMedia-Discovery merger was announced today, along with a logo and tagline. The telecom giant, AT&T, purchased Time Warner, which has since been renamed to WarnerMedia, three years ago for $85 billion.

    • Senior Reporter

  9. www.reuters.com › business › media-telecomAT&T-Discovery media company to be called Warner Bros ...

    Jun 1, 2021 · June 1 (Reuters) - Discovery Inc (DISCA.O) said on Tuesday that the recently announced global entertainment and media business created with Discovery and WarnerMedia assets will be named...

  10. www.nasdaq.com › articles › discovery-names-combinedDiscovery Names Combined Company "Warner Bros. Discovery"

    Jun 1, 2021 · In the new entertainment company, AT&T's shareholders would receive stock representing 71 percent, while Discovery shareholders would own 29 percent of the new company.

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