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May 17, 2021 · AT&T and Discovery to create new streaming giant. 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 ...
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 · That company is merging with Discovery, which owns Discovery Channel, Animal Planet, TLC, the Food Network and various other media properties. AT&T will receive $43 billion worth of cash, debt ...
May 17, 2021 · Discovery’s portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia Network, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of 3 ...
May 17, 2021 · May 17, 2021, 11:45 AM UTC. Illustration by Alex Castro / The Verge. AT&T announced this morning it’s spinning off its media business WarnerMedia and merging it with TV company Discovery ...
Apr 8, 2022 · Per Warner Bros. Discovery’s Friday release announcing the closed transaction, “AT&T received $40.4 billion in cash and WarnerMedia’s retention of certain debt. Additionally, shareholders of ...
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May 17, 2021 · If approved by regulators, the deal effectively reverses AT&T's years-long plan to combine content and distribution in a vertically integrated company.
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