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Feb 3, 2022 · CNN is currently owned by WarnerMedia and therefore AT&T. However, AT&T is preparing for a merger with Discovery, which will unwind its previous acquisition of Time Warner.
Aug 26, 2022 · One of them was CNN — at the time, owned by AT&T, but scheduled to become part of WBD, a company that Malone would own a piece of along with a seat on its board.
Jul 15, 2024 · CNN has been a wholly owned subsidiary of Warner Bros. Discovery since 2022, when AT&T merged its WarnerMedia unit with Discovery and spun off the company to shareholders.
May 12, 2023 · However, in 2018, Time Warner was acquired by AT&T, which led to CNN becoming a subsidiary of AT&T's WarnerMedia division. But the story doesn't end there. In May 2021, WarnerMedia and Discovery Inc. announced a merger that would result in the creation of a new company: Warner Bros. Discovery.
The new company unites WarnerMedia—which includes CNN, CNN+, HBO, TNT, TBS, CNN, Cartoon Network, Warner Bros., and streaming service HBO Max—with Discovery’s own portfolio, which includes...
Apr 8, 2022 · With Friday’s deal “close,” in Wall Street speak, AT&T (T) has officially unwound its 2018 takeover of Time Warner and refocused on its core business. AT&T CEO John Stankey bid farewell to ...
May 17, 2021 · AT&T and Discovery, Inc. have announced a deal to spin off WarnerMedia and combine it with Discovery in a new standalone media company. WarnerMedia is CNN's parent company.@BrianStelter reports.