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1. • • AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery and also cut its dividend by nearly half. AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own.
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     AT&T to spin off WarnerMedia in $43 billion Discovery media ...

2. People also ask

   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 own Discovery TV?

   • 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.

   AT&T and Discovery to create new streaming giant - BBC

   www.bbc.com/news/business-57139433

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   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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   How much will AT&T pay discovery?

   • Under the agreement, AT&T said it would receive an aggregate amount of $43 billion in a combination of cash, debt and WarnerMedia’s retention of certain debt. Discovery shareholders would own 29% of the new company.

   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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   Will AT&T spin off WarnerMedia?

   • AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery and also cut its dividend by nearly half. AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own.

   AT&T to spin off WarnerMedia in $43 billion Discovery media merger

   www.cnbc.com/2022/02/01/att-to-spin-off-warnermedia-in-43-billion-discovery-media-merger.html

   See all results for this question

   Does AT&T own Warner Bros Discovery?

   • AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own. AT&T will have 7.2 billion diluted shares outstanding after the transaction closes. AT&T shares were down about 4% Tuesday morning.

   AT&T to spin off WarnerMedia in $43 billion Discovery media merger

   www.cnbc.com/2022/02/01/att-to-spin-off-warnermedia-in-43-billion-discovery-media-merger.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. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with ...

   • Investor Relations

     AT&T 3Q Results: Continued 5G and Fiber Subscriber Momentum....

4. 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

   May 17, 2021 · Telecom giant AT&T announced Monday a deal to combine its content unit WarnerMedia with Discovery, paving the way for one of Hollywood’s biggest studios to compete with media giants Netflix...

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     AT&T's WarnerMedia and Discovery, Inc Unite | AT&T

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     CORRECTED-UPDATE 1-AT&T to spin off WarnerMedia in $43 billion Discovery media merger

     1 Feb 2022

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6. www.bbc.com › news › business-57139433AT&T and Discovery to create new streaming giant - BBC

   www.bbc.com › news › business-57139433

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   May 17, 2021 · 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...

7. 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

   • Cached

   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,...

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

   variety.com › 2022 › tv

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   Apr 8, 2022 · 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...

9. www.cnbc.com › 2022/02/01 › att-to-spin-off-warnerAT&T to spin off WarnerMedia in $43 billion Discovery media ...

   www.cnbc.com › 2022/02/01 › att-to-spin-off-warner

   • Cached

   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...

10. www.nbcnews.com › media › discovery-warnermediaDiscovery and WarnerMedia merge, creating one of the largest ...

    www.nbcnews.com › media › discovery-warnermedia

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    May 17, 2021 · AT&T announced on Monday that WarnerMedia and Discovery are merging to become a new company that will immediately become one of the largest U.S. media businesses.