Why Discovery Is a Better Buy Than AT&T After the Blockbuster Merger

The streaming media and telecom worlds were shaken Monday, when AT&T (NYSE:T) announced it would be spinning off its WarnerMedia division and combining it with Discovery (NASDAQ:DISCA) (NASDAQ:DISCK). The new streaming behemoth will have a huge library of 200,000-plus hours of content, from Warner Bros. Studios, HBO and MBO Max, The Turner channels (TNT, TBS, CNN), as well as Discovery's comprehensive portfolio of unscripted content. And it will be available in 220 countries and 50 languages.