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Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City.It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.
AT&T, T-Mobile, and Deutsche Telekom was a lawsuit brought by the US Antitrust Division of the Department of Justice seeking to block the merger of AT&T Mobility and T-Mobile USA. [ 11 ] Had the purchase been completed, AT&T would have had a customer base of approximately 130 million users, making AT&T the largest wireless carrier in the United ...
On May 17, 2021, three years after the acquisition, AT&T decided to sell its ownership of WarnerMedia in a merger with Discovery, Inc. to form a new publicly traded company, Warner Bros. Discovery. On April 8, 2022, WarnerMedia was divested by AT&T and merged with Discovery, Inc. to form Warner Bros. Discovery (WBD).
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On March 20, 2011, AT&T and Deutsche Telekom announced that AT&T had agreed to acquire T-Mobile USA from Deutsche Telekom in a deal estimated to be worth $39 billion in cash and stock. AT&T said the deal was expected to close in 12 months and was subject to regulatory approval. As of June 2011, it was being examined by the FCC. [29]
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AT&T SportsNet Southwest - sold to a joint venture between the Houston Rockets and Houston Astros (50% stake) AT&T SportsNet Rocky Mountain - ceased operations at the end of 2023 Root Sports Northwest (29% stake with Baseball Club of Seattle, LP ) - had sold its stake to the Mariners in January 2024 [ 49 ]