• AT&T in Talks With Discovery to Spin Off WarnerMedia Entertainment Assets

    29 days ago - By The Wrap

    AT&T is in advanced talks to spin off its WarnerMedia entertainment assets and merge them with Discovery Inc. in a move that could alter the ongoing competition between streaming services, Bloomberg reported on Sunday.
    According to Bloomberg, the companies are in talks to bring their vast entertainment portfolios together. AT&T's WarnerMedia includes networks like HBO, CNN, TNT, TBS and the HBO Max streaming service, while Discovery brings its own streaming service, Discovery+, along with networks like HGTV, Discovery Channel, Animal Planet, Food Network and TLC.
    It is unclear how large...
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