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May 18, 2021 · Together, Warner and Discovery will become the second-largest media group by revenue after Disney, with $41bn in sales annually — a figure that Zaslav anticipates will rise to $52bn by 2023. The...
Nov 18, 2021 · Discovery made a regulatory filing with further details on its mega-deal to merge with WarnerMedia to create a global media titan.
Apr 8, 2022 · Investors today approved the multibillion-dollar deal that will allow AT&T, WarnerMedia’s current owner, to offload its content powerhouse to Discovery and form a new business under the name...
- Catie Keck
Apr 8, 2022 · Warner Bros. Discovery to Begin Trading on the Nasdaq as “WBD” on Monday, April 11. (New York, NY) — 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.
Dec 22, 2021 · Discovery said Wednesday that the European Commission has granted unconditional antitrust clearance of the company’s proposed acquisition of AT&T’s WarnerMedia business.
May 17, 2021 · The WarnerMedia-Discovery deal will be subject to a regulatory review. The two companies’ TV channels draw about 30% of the cable television audience and both operate nascent streaming...
Apr 8, 2022 · Discovery and AT&T’s WarnerMedia have officially closed their merger on Friday, creating a new media and entertainment giant titled Warner Bros. Discovery. The completion comes about 11 months...