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1. • • Shareholders of AT&T (T), which spun off WarnerMedia earlier this week, hold 71% of shares in the new company, and Discovery shareholders hold 29%.
     Reference:

     Discovery takes control of HBO, CNN, and Warner Bros ...

2. People also ask

   Who owns Discovery TV?

   • A Warner Bros. Discovery Company. All Rights Reserved. CNN Sans ™ & © 2016 Cable News Network. Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav.

   Discovery takes control of HBO, CNN, and Warner Bros., creating new

   www.cnn.com/2022/04/08/media/discovery-warner-media-merger-close/index.html

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   Who owns Warner Bros Discovery?

   • Who is the owner of Warner Bros. Discovery? Warner Bros. Discovery is a publicly traded company, meaning it's owned by its shareholders. The company was formed in 2022 after AT&T spun off WarnerMedia (previously Time Warner) and merged it with Discovery, forming a new entertainment and streaming services company.

   Who Owns Warner Bros? | The Motley Fool

   www.fool.com/investing/how-to-invest/stocks/who-owns-warner-bros/

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   What happened to discovery & WarnerMedia?

   • New YorkCNN Business — 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 further changes in the streaming era. The newly formed company, Warner Bros. Discovery, will begin publicly trading on Monday.

   Discovery takes control of HBO, CNN, and Warner Bros., creating new

   www.cnn.com/2022/04/08/media/discovery-warner-media-merger-close/index.html

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   Is Warner Bros Discovery a sign of the death of traditional TV?

   • It came as Warner Bros Discovery has slashed the estimated value of its television channels by more than $9bn in a sign of the looming death of traditional TV. The US media giant, which owns channels including CNN, Food Network and TNT Sports, said its network division was now worth $9bn less than previously thought.

   Channel 5-owner’s TV business loses $6bn of value

   www.telegraph.co.uk/business/2024/08/08/end-tv-warner-bros-discovery-slashes-value-channels-9bn/

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   Who owns Discovery & WarnerMedia?

   • WarnerMedia and Discovery completed a merger in 2022 to become Warner Bros. Discovery. AT&T got $43 billion in cash and debt from the deal, with its shareholders receiving a 71% stake, while the remaining 29% stake went to Discovery's shareholders. Who are the largest shareholders?

   Who Owns Warner Bros? | The Motley Fool

   www.fool.com/investing/how-to-invest/stocks/who-owns-warner-bros/

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   Will Warner Bros discovery's'synergies' entail layoffs?

   • Warner Bros. Discovery is anticipating $3 billion in what businesses often refer to as “synergies,” which means the combination will almost certainly entail layoffs. Already, many of Warner’s top executives have exited the company, including WarnerMedia CEO Jason Kilar, whose last day was Friday.

   Discovery takes control of HBO, CNN, and Warner Bros., creating new

   www.cnn.com/2022/04/08/media/discovery-warner-media-merger-close/index.html

   See all results for this question

3. www.fool.com › stocks › who-owns-warner-brosWho Owns Warner Bros? | The Motley Fool

   www.fool.com › stocks › who-owns-warner-bros

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   Sep 28, 2024 · Institutional investors own about 63% of Warner Bros. Discovery shares, while insiders own just over 9%. Let's take a look at Warner Bros. Discovery's largest shareholders: Individuals

4. Videos

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     Warner Bros Discovery Says They're Done Cancelling Shows

     7 Jan 2023

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     Possible merger between Warner Bros. Discovery and Paramount Global

     20 Dec 2023

     5.5K views

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     6:38

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     Warner Bros. Discovery CEO David Zaslav explains how it turned a $50 million streaming profit in Q1

     5 May 2023

     30K views

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5. www.ft.com › content › 2adbc0fb-4508-4fee-a13c-2aWarner Bros Discovery writes down television channels by $9bn

   www.ft.com › content › 2adbc0fb-4508-4fee-a13c-2a

   Aug 8, 2024 · Revenue at WBD’s television business unit dropped 8 per cent from a year ago to $5.3bn. Rival Disney reported earlier on Wednesday that its television network revenue fell 7 per cent to $2.7bn...

6. www.wbur.org › 2024/08/09 › warner-bros-discoveryWhy Warner Bros. Discovery is writing down the value of its ...

   www.wbur.org › 2024/08/09 › warner-bros-discovery

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   Aug 9, 2024 · Warner Bros. Discovery announced this week that it is writing down the value of its TV networks by $9.1 billion, amid a decline in its cable business.

7. www.hollywoodreporter.com › business › business-newsCorus CEO Doug Murphy Exits Losing Warner Bros Discovery Rights

   www.hollywoodreporter.com › business › business-news

   • Cached

   Jun 17, 2024 · Corus Entertainment has replaced president and CEO Doug Murphy with co-CEOs a week after the Canadian broadcaster lost the rights to key Warner Bros. Discovery channels to rival Rogers...

8. www.theverge.com › 2024/8/6 › 24214688Warner Bros. Discovery may not break up after all. - The Verge

   www.theverge.com › 2024/8/6 › 24214688

   Aug 6, 2024 · The Financial Times reported last month that WBD execs considered splitting its streaming and studio business from its struggling TV networks.

9. www.telegraph.co.uk › business › 2024/08/08End of TV looms as Warner Bros Discovery slashes value of ...

   www.telegraph.co.uk › business › 2024/08/08

   • Cached

   Aug 8, 2024 · Paramount, the media group and owner of the UK’s Channel 5, has cut $6bn (£4.7bn) from the valuation of its cable TV networks. The company attributed the blow to a fall in “expected cash ...