AT&T confirms deal to combine its WarnerMedia subsidiary with Discovery Inc in ‘pure play’ $43B deal
Another major telco in the U.S. is making a big move away from being a full player in media services, and specifically content creation. Today AT&T said that it is combining its WarnerMedia division with Discovery Inc. The deal is being structured as a “Reverse Morris Trust” transaction that will give AT&T $43 billion in … Continue reading AT&T confirms deal to combine its WarnerMedia subsidiary with Discovery Inc in ‘pure play’ $43B deal
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