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1. • $43 billion deal

     • AT&T is combining its massive media operations that include CNN, HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV. The deal announced Monday would create a separate media company with households increasingly abandoning cable and satellite TV.
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     AT&T and Discovery to combine media businesses in ... - CBS News

2. People also ask

   What happened between AT&T & Discovery?

   • AT&T Inc. T and Discovery, Inc. have closed the deal to combine the WarnerMedia business with Discovery. The combination creates a global media and entertainment giant, Warner Bros. Discovery, Inc., which will trade on the Nasdaq under the symbol “WBD”, beginning Apr 11.

   AT&T (T), Discovery Close Deal to Create Warner Bros. Discovery

   finance.yahoo.com/news/t-t-discovery-close-deal-123012772.html

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   Did discovery buy WarnerMedia from AT&T?

   • Discovery completed its acquisition of WarnerMedia from AT&T on Friday. The close of the transaction births new company Warner Bros. Discovery, which will begin trading on the Nasdaq Monday under the new ticker symbol “WBD.”

   Discovery-WarnerMedia Merger Closes - Variety

   variety.com/2022/tv/news/discovery-warnermedia-merger-close-warner-bros-discovery-1235200983/

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   Does AT&T have a spinoff deal with Discovery?

   • May 16 — Bloomberg News reports that AT&T is in advanced talks with Discovery to craft a spinoff deal for WarnerMedia, with Discovery CEO David Zaslav leading the enlarged company. May 17 — Stankey and Discovery CEO David Zaslav formally announce the $43 billion proposed merger.

   AT&T Discovery WarnerMedia Deal Timeline - Variety

   variety.com/2022/tv/news/att-warnermedia-discovery-timeline-1235198123/

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   When will AT&T's discovery deal close?

   • The companies said the deal is expected to close in the middle of 2022. Shares of Discovery were up as much as 9% Monday morning before falling 5% at the end of regular trading. AT&T's stock price fell 2%. AT&T said Discovery President and CEO David Zaslav will lead the new company, which will have a new name announced in coming days.

   AT&T announces $43 billion deal to merge WarnerMedia with Discovery

   www.cnbc.com/2021/05/17/att-to-combine-warnermedia-and-discovery-assets-to-create-a-new-standalone-company.html

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3. about.att.com › story › 2022AT&T and Discovery Close WarnerMedia Transaction

   about.att.com › story › 2022

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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.

   • Investor Relations

     AT&T Intellectual Property - Investor Relations. 1...

4. variety.com › 2022 › tvDiscovery Closes Acquisition of AT&T’s WarnerMedia - Variety

   variety.com › 2022 › tv

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   Apr 8, 2022 · Warner Bros. Discovery. Discovery completed its acquisition of WarnerMedia from AT&T on Friday. The close of the transaction births new company Warner Bros. Discovery, which will begin trading on...

5. www.nytimes.com › dealbook › att-discovery-dealAT&T's Big Deal With Discovery Unwinds Billions in Mergers ...

   www.nytimes.com › dealbook › att-discovery-deal

   May 17, 2021 · AT&T is unwinding its biggest deal. AT&T just announced that it will combine its WarnerMedia division — the home of HBO and CNN, built from its $85 billion takeover of Time Warner in 2016 —...

   • Author: Andrew Ross Sorkin

6. finance.yahoo.com › news › t-t-discovery-close-dealAT&T (T), Discovery Close Deal to Create Warner Bros. Discovery

   finance.yahoo.com › news › t-t-discovery-close-deal

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   Apr 11, 2022 · AT&T Inc. T and Discovery, Inc. have closed the deal to combine the WarnerMedia business with Discovery. The combination creates a global media and entertainment giant, Warner Bros. Discovery,...

7. www.nytimes.com › att-discovery-mergerIn a Deal With Discovery Hatched in Secret, AT&T Sheds Its ...

   www.nytimes.com › att-discovery-merger

   May 17, 2021 · Just three years after it thundered into Hollywood with grand visions of streaming video on millions of its customers’ cellphones, AT&T is making a stunning retreat with plans to spin off...

8. www.cnbc.com › 2021/05/17 › att-to-combine-warnerAT&T announces $43 billion deal to merge WarnerMedia with ...

   www.cnbc.com › 2021/05/17 › att-to-combine-warner

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   May 17, 2021 · AT&T announces $43 billion deal to merge WarnerMedia with Discovery. Under the agreement, AT&T said it would receive an aggregate amount of $43 billion in a combination of cash, debt and ...

9. variety.com › 2022 › tvAT&T Discovery WarnerMedia Deal Timeline - Variety

   variety.com › 2022 › tv

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   Mar 11, 2022 · AT&T/Discovery WarnerMedia has been owned by telco giant AT&T for less than four years and it will soon have a new parent company — likely by the end of next month.