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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 and with Discovery, Inc. on April 8, 2022.
On Feb. 1, 2022, AT&T (NYSE:T) finally announced details on the spin-off of its WarnerMedia subsidiary after its merger with Discovery, Inc. (NASDAQ:DISCA, NASDAQ:DISCK, NASDAQ:DISCB). The ...
Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits its cable networks off from its growing streaming business.
Warner Bros. Discovery stock, which has been gaining ground in recent weeks after falling to a low of about $6 a share earlier this year, jumped 15.4% on the news to $12.49. Zaslav and his team ...
AT&T's WarnerMedia will represent 71% of Warner Bros. Discover, and its shareholders will receive an estimated 0.24 shares of the new joint venture for each share of AT&T that they own once the ...
Warner Bros. Discovery hopes a split will lead to a better chance of making it whole. The company said Thursday that it would, going forward, “serve as the parent company for two distinct ...
Warner Bros. Discovery already has its own legacy linear cable networks to bolster (TNT, TBS, Cartoon Network, Discovery, TLC, et al.) so a merger of the two could see mini-mergers of channels and ...
The dust is settling around the highly-publicized merger between Warner Bros. and Discovery, and some experts say this is only the beginning for the streaming industry as a whole. "You will see ...