Discovery

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Discovery Communications

AT&T

The streaming TV race is about to get even more competitive.

AT&T spins off WarnerMedia to combine it with Discovery in new standalone media company

AT&T will combine 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.

AT&T signing $43B deal to combine media business with Discovery

AT&T will combine its massive media operations that include CNN HBO, TNT and TBS in a $43 billion deal with Discovery

AT&T Signs Deal To Combine Media Operations, Including CNN, With Discovery

AT&T Inc. plans to combine its WarnerMedia business with Discovery Communication Inc.'s entertainment business to create a standalone media company with greater scale in the streaming ecosystem.

AT&T to combine WarnerMedia business with Discovery in $43 billion deal

AT&T and Discovery Monday announced a definitive agreement to combine WarnerMedia's  premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company. Under the terms of the agreement, which is structured as an all-stock transaction, AT&T would receive $43 billion in a...

AT&T's WarnerMedia And Discovery To Merge, Create New Company Led By David Zaslav

AT&T Inc. has agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant behemoth to compete with Walt Disney Co.'s Disney+ and Netflix.

AT&T, Discovery agree to merger of CNN, other media assets

Discovery, Inc. (NASDAQ:DISCA) and AT&T Inc. (NYSE:T) shares are trading higher after the companies announced they're in talks to merge their media assets. AT&T owns CNN, HBO, Cartoon Network, TBS, TNT and the Warner Bros.

Why Are Discovery And AT&T Trading Higher Today?

AT&T's WarnerMedia, Discovery confirm $43 billion merger; Discovery stock up 17%

(Reuters) -AT&T Inc, the owner of HBO and Warner Bros studios, and cable and streaming network Discovery Inc, the owner of lifestyle TV networks such as HGTV and TLC, will combine their media assets, the U.S. telecoms giant said on Monday.

AT&T merging media assets with Discovery to create streaming powerhouse

AT&T, the world's largest telecoms company by revenues, and Discovery are close to completing a deal to merge the two entities with the union expected to be formally announced as early as this week.

AT&T And Discovery Close To Completing Landmark Deal

Companies with Shared Values, Complementary Assets, and Iconic Brands and Franchises, Will Offer the Most Differentiated Content Portfolio in the World WarnerMedia and Discovery, Inc. Form One of the Largest Global Streaming Players Discovery President & CEO David Zaslav to Lead New Company with Executives from Both Companies in Key Leadership Roles AT&T and Discovery Will Hold Joint Press Conference at 7:30am EDT and a Separate Call with Investors Will Begin at 8:30am EDT DALLAS and NEW YORK, May 17, 2021 /PRNewswire/ -- AT&T Inc. (NYSE:T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced a definitive agreement to combine WarnerMedia's  premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company. Under the terms of the agreement, which is structured as an all-stock, Reverse Morris Trust transaction, AT&T would receive $43 billion (subject to adjustment) in a combination of cash, debt securities, and WarnerMedia's retention of certain debt, and AT&T's shareholders would receive stock representing 71% of the new company; Discovery shareholders would own 29% of the new company.

AT&T's WarnerMedia And Discovery, Inc. Creating Standalone Company By Combining Operations To Form New Global Leader In Entertainment

If approved by regulators, the deal effectively reverses AT&T's years-long plan to combine content and distribution in a vertically integrated company.

AT&T announces deal to merge WarnerMedia with Discovery

Deal would bring together Warner Bros film and TV, HBO TV series and Discovery's reality-TV shows

AT&T in talks to combine WarnerMedia with Discovery

The stock price of Discovery Communications (NASDAQ: DISCA) increased by over 12% pre-market. This is why it happened.

Discovery Communications (DISCA): Over 12% Increase Pre-Market Explanation

AT&T Inc (NYSE:T) is reportedly in talks over a combination with Discovery Inc (NASDAQ:DISCA) setting up yet more consolidation in the media sector as content IP owners seek shelter against ‘cord-cutting'. The telecoms giant's WarnerMedia unit could pull in Discovery into a new entity and house together all of AT&T's media companies –  HBO and Warner Bros along with multiple other media brands including CNN, the TNT and TBS networks, subsequently Discovery, and HGTV.

AT&T in talks with Discovery as content consolidation continues for broadcasters

AT&T might spin off its media business to merge it with Discovery, according to Bloomberg. This would be "surprising" for the company, Bloomberg noted, given that it just spent $85 million acquiring those assets a few years back, which include its Warner Media unit in which it owns CNN, HBO, Cartoon Network, TNT, TBS and […]

AT&T's Media Group, Discovery In Merger Talks, Report Says

Hi and welcome to Insider Advertising for May 17. I'm senior advertising reporter Lauren Johnson, and here's what's going on: AT&T's media sale to Discovery. Advertising search consultants. Nike returns to the office. If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media.

AT&T is reportedly spinning off its media assets to Discovery

AT&T Inc. is in talks to combine a big portfolio of media assets, including CNN, with Discovery Inc., according to people familiar with the matter, a deal that would mark a major strategy shift for the telecom giant as the traditional TV business faces prolonged pressure.

The Wall Street Journal: AT&T in talks to combine WarnerMedia assets with Discovery

AT&T is in advanced talks with Discovery Communications about a deal that would combine two treasure troves of content in the streaming age.

AT&T's WarnerMedia and Discovery are in talks about combining

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George Soros reportedly snapped up stocks that took a hit amid the collapse of Archegos Capital Management in March. What Happened: Billionaire George Soros' investment firm Soros Fund Management bought shares of CBS Corporation (NASDAQ: VIAC), DISCOVERY COMMUNICATIONS INC (NASDAQ: DISCA) and Baidu Inc (NASDAQ: BIDU) as these stocks were at a discount after Bill Hwang's Archegos Capital Management collapsed, Bloomberg reports.

George Soros Buys Millions' Worth of Stocks Linked to Bill Hwang's Archegos Collapse: Bloomberg

AT&T and Discovery will announce a deal to merge Discovery and WarnerMedia as soon as tomorrow, sources say.

AT&T in advanced talks to merge WarnerMedia with Discovery, deal expected as soon as tomorrow

Deal would create entertainment giant to challenge Netflix and Disney Plus, Bloomberg reports.

AT&T, Discovery reportedly in talks to combine media assets

AT&T Inc. (NYSE: T) is reportedly in talks to merge its media assets with DISCOVERY COMMUNICATIONS INC  (NASDAQ: DISCA). What Happened: The talks are ongoing, and a deal could be announced as soon as this week, Bloomberg reported today, citing people familiar with the matter.

AT&T, Discovery In Talks To Merge Media Assets: Bloomberg

AT&T and Discovery are pursuing a merger of their entertainment assets that would reshape the media business, particularly the fast-growing realm of streaming. A person familiar with the situation confirmed to Deadline that talks are ongoing. The configuration is said to be a joint venture, with details still being finalized. WarnerMedia had already been talking...

AT&T Exploring Combination Of Media Assets With Discovery

AT&T, the telecom giant that also owns a host of media and entertainment companies including HBO, TNT, CNN, and Warner Bros., is in talks with Discovery Plus to combine content assets, Bloomberg News reported on Sunday. Such a deal would give AT&T, which acquired WarnerMedia in 2018, a better platform to compete with Netflix and Disney, Bloomberg reported, citing sources familiar with the talks.

News for Discovery Stock (DISCK)