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Timeline: AT&T s biggest deals over the last decade
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AT&T s biggest deals over the last decade
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AT&T merges media assets with Discovery in US$130B deal
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AT&T to create a streaming giant with Discovery by merging media assets
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AT&T is preparing to merge media assets with Discovery
AT&T’s campus in El Segundo.
(Irfan Khan / Los Angeles Times)
By Ed Hammond
Print
AT&T Inc. is in talks to combine its media business with Discovery Inc. in a deal that would create a new entertainment giant, according to people with knowledge of the matter, a surprising move for a company that spent $85 billion to acquire the media assets less than three years ago.
A deal could be announced as soon as this week, said the people, who asked not to be identified because the information was private.