AT&T To Spin Off WarnerMedia And Merge It With Discovery
By Alexdemarco in Business
Updated 3 years ago
Call it Harry Potter tries to make magic with the Food Network. AT&T announced that it will spin off WarnerMedia and merge it with Discovery Inc. The $43 billion deal will create a new, as yet unnamed, company that will combine WarnerMedia's entertainment, sports and news with Discovery's nonfiction and entertainment shows.
