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Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giant


Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giant
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Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giantBy John Koblin, Michael M. Grynbaum, Edmund Lee and Lauren Hirsch, New York Times
Last Updated: May 22, 2021, 08:59 PM IST
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Synopsis
In the predawn hours of April 1, David Zaslav, CEO of Discovery, arrived at a rented town house in Manhattan’s Greenwich Village decorated with photos of rock stars and one of actor Steve McQueen in sunglasses holding a gun to prepare for a meeting that would soon reverberate across the U.S. media industry. ....

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Inside the Discovery-AT&T Deal: Cute Emails, a Big Loan and Now, a Media Giant

Inside the Discovery-AT&T Deal: Cute Emails, a Big Loan and Now, a Media Giant
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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The Bankers and Lawyers Who Worked on the WarnerMedia-Discovery Deal


Getty / Scott Olson
AT&T and Discovery announced plans to spinoff AT&T s WarnerMedia business on Monday.
The deal would see Discovery absorb big-name brands such as HBO, CNN, and film studio Warner Bros.
We ve got the names of the top dealmakers who put the transaction together.
Some of Wall Street s biggest stars were tapped to help hammer out the deal between AT&T s WarnerMedia division and Discovery, which was announced on Monday.
A flashy battalion of big-name bankers from some of the Street s top technology, media, and telecom advisory shops came together to work on the deal, which will create an entity valued at roughly $130 billion including debt. Powerhouse attorneys from white-shoe law firms including Sullivan & Cromwell and Debevoise & Plimpton also helped along the way.  ....

New York , United States , Greenwich Village , Jonathan Levitsky , Spencer Mizerak , Steven Newhouse , Robert Geren , Marisa Demko , Steven Miron , Jeffrey Rosen , Cullen Sinclair , Ariel Deckelbaum , Caitlin Joseph , Sarah Jacobson , Alice Gu , Matthew Kaplan , John Stankey , Aryeh Bourkoff , Lawrence Cagney , Shireen Sharma , Melissa Sawyer , David Zaslav , Wachtell Lipton Rosen Katz , Paul Weiss Robert Schumer , T Eric Krautheimer , Kurt Simon ,