Discovery and WarnerMedia merge, creating one of the largest U.S. media companies

AT&T announced on Monday that WarnerMedia and Discovery are merging to become a new company that will immediately become one of the largest U.S. media businesses. The new company is the result of AT&T spinning off WarnerMedia, which owns a variety of major media properties including CNN, TBS, TNT, Warner Bros. film and television studio and HBO, into a new...

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AT&T to merge its media business with Discovery to create new company

AT&T announced Monday that it plans to combine its media business with Discovery, Inc. to create a standalone entertainment company. Lynne Sladky/AP FILE – In this July 18, 2019 photo, a sign is displayed at an AT&T retail store in Miami. Shares of AT&T Inc. rose Thursday, April 22, 2021 after the telecom giant’s first-quarter results topped analyst expectations. (AP...

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merging

[#item_title] Free word lists and quizzes from Cambridge Tools to create your own word lists and quizzes Word lists shared by our community of dictionary fans Source URL: Read More The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing...

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Learn How Mergers Happen and Why

[#item_title] What Is a Merger? A merger is an agreement that unites two existing companies into one new company. There are several types of mergers and also several reasons why companies complete mergers. Mergers and acquisitions[1] are commonly done to expand a company’s reach, expand into new segments, or gain market share[2]. All of these are done to increase shareholder...

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