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AT&T set to end media voyage with $43 billion Discovery deal
Reuters | May 17, 2021 10:54 PM EDT
AT&T logo is seen on a smartphone in front of displayed Discovery logo in this illustration (Photo : REUTERS/Dado Ruvic)
AT&T, owner of HBO and Warner Bros studios, and Discovery, home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.
Discovery Chief Executive David Zaslav will lead the proposed new company, which will comprise one of Hollywood s most powerful studios, including the Harry Potter and Batman franchises, news network CNN, sports programming and Discovery s unscripted home, cooking and nature and science shows.
AT&T set to end media voyage with $43 billion Discovery deal netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.