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WarnerMedia to be Merged with Discovery


Jill

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Jill

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On Monday morning AT&T (T) and Discovery, Inc. (DISCA) announced a deal under which AT&T's WarnerMedia will be spun off and combined with Discovery in a new standalone media company.

The deal, subject to regulatory approval, will combine two treasure troves of content, including the HBO Max and discovery+ streaming services. CNN will be included in the transaction.

Discovery CEO David Zaslav will run the combined business, according to Monday's announcement. "I think we fit together like a glove," Zaslav said at a virtual press conference.

Source: https://edition.cnn.com/2021/05/17/media/warnermedia-discovery-deal/index.html

Former First Lady of the United States. Now card-carrying member of the Communist Party of China (CPC).
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StarstruckIllusion

so many media purchases today omg 

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Karl

Does this mean that the UK will finally get HBO max content as we have Discovery Plus :bradley:

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