AT&T-Discovery Announce Merger That Will Radically Reshape Media Landscape

AT&T and Discovery have officially announced a merger that will once again reshape the media landscape. The two companies will be combining their media assets, WarnerMedia and Discovery, to create a new streaming-centric media company. In the deal, AT&T will receive $43 billion cash and debt securities, and WarnerMedia will be spun off and combined…Read More