Merger Week

Media companies looking to consolidate and destroy the competition

May 19, 2021

∙ Paid

On Sunday evening, rumors began to circulate that AT&T was looking to spin off WarnerMedia. Monday morning it was official. WarnerMedia will be combined with Discovery to form a new standalone company. It was only three years ago when AT&T was so adamant about purchasing WarnerMedia and its extensive IP library for $85 Billion,…

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