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- US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery in a deal to create a new streaming giant. The tie-up brings one of Hollywood's biggest studios and Discovery's channels under the same ownership.
www.bbc.com/news/business-57139433
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Apr 8, 2022 · NEW YORK and DALLAS, 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. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with ...
May 17, 2021 · AT&T's move to spin off WarnerMedia and combine it with Discovery comes as Netflix and Disney have shown the upside of direct-to-consumer streaming platforms.
Apr 12, 2022 · On Friday, AT&T and Discovery completed a $43bn merger creating the mega-media conglomerate Warner Bros Discovery. The closure of the deal introduces the biggest pure entertainment brand...
May 17, 2021 · AT&T is merging its media business, WarnerMedia, with Discovery to create a new media giant. Between them, the two companies operate a range of TV channels and media brands, from CNN to HBO to...
May 17, 2021 · AT&T Inc. (NYSE:T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company.
Feb 1, 2022 · AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery. AT&T shareholders will own 71% of the new Warner Bros. Discovery...
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