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Mar 11, 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...
Sep 28, 2024 · 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...
Apr 8, 2022 · New York CNN 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...
Apr 5, 2022 · AT&T's WarnerMedia will represent 71% of Warner Bros. Discover, and its shareholders will receive an estimated 0.24 shares of the new joint venture for each share of AT&T that they own once the...
- Alexandra Canal
- 7 min
May 17, 2021 · AT&T shareholders will own 71 percent of the new company, with Discovery shareholders getting 29 percent, according to an AT&T press release.
- 1 min
- Jason Abbruzzese,Dylan Byers
Apr 8, 2022 · WarnerMedia owns HBO, HBO Max, CNN, Warner Bros., DC Films, New Line Cinema, TBS, TNT, TruTV, Cartoon Network/Adult Swim, Turner Sports and Rooster Teeth, among other brands, and is part...
Mar 11, 2022 · Discovery investors voted in approval of the company’s $43 billion acquisition of WarnerMedia from AT&T to create Warner Bros. Discovery during a special meeting of stockholders on Friday,...