Action Newsroom 992 Posted May 16, 2021 Share Posted May 16, 2021 (edited) Executives at AT&T and Discovery Inc. are in active discussion of combining assets for a merger between the latter company and the former's WarnerMedia. An announcement may come within the coming days, with unidentified sources close to the talks pointing to a done deal. https://deadline.com/2021/05/att-discovery-warnermedia-merger-media-assets-hbo-max-streaming-1234757836/ UPDATE (5/17/21): The merger is officially announced. https://www.cnbc.com/amp/2021/05/17/att-to-combine-warnermedia-and-discovery-assets-to-create-a-new-standalone-company.html UPDATE 2 (6/1/21): It has a name -- Warner Bros. Discovery https://deadline.com/2021/06/discovery-merged-company-to-be-called-warner-bros-discovery-1234767195/ UPDATE 3 (2/9/22): The merger has been approved and cleared by U.S. regulators. It also already received the green light by European regulators. https://deadline.com/2022/02/warnermedia-discovery-merger-doj-clearance-att-1234929507/ UPDATE 4 (3/11/22): The Discovery shareholders have approved the merger, with its expected completion coming in April. https://deadline.com/2022/03/discovery-shareholders-approve-warnermedia-merger-att-1234976052/ Edited March 11, 2022 by Action Newsroom Quote Link to comment Share on other sites More sharing options...
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.