Oprah and CNN: AT&T is merging media business with Discovery
By Gomez in Business
Updated 3 years ago
NEW YORK — The merger of Discovery and AT&T's WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is another illustration of the head-spinning speed in which streaming has transformed the media world. The companies are essentially placing a $43 billion bet that they'll still...