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  3. about.att.com › story › 2022AT&T Announces Details for Completion of WM Spin-Off

    Mar 25, 2022 · The record date for the stock dividend is the close of business on April 5, 2022. This stock dividend is in connection with the previously announced transaction to combine AT&T’s WarnerMedia business with Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK).

  4. www.hollywoodreporter.com › business › business-newsAfter Warner Bros. Merged With Discovery, Debt and Deal ...

    Apr 8, 2024 · Warner Bros. Discovery was officially created when Discovery and AT&T’s WarnerMedia closed their megamerger on April 8, 2022. Two years later, the entertainment giant, led by CEO David...

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  6. about.att.com › story › 2022AT&T and Discovery Close WarnerMedia Transaction

    Apr 8, 2022 · NEW YORK and DALLAS, April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * ( NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq ...

  7. www.cnn.com › 2022/04/08 › mediaDiscovery takes control of HBO, CNN, and Warner Bros ...

    Apr 8, 2022 · New York CNN Business — Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO David Zaslav. The deal combines two treasure troves of...

  8. techcrunch.com › 2022/04/11 › the-warner-brosThe Warner Bros.-Discovery deal has officially closed

    • The Third-Best Streaming Service Company in The World
    • The New Leadership Team
    • AT&T’s Massive Debt

    The combined media and entertainment company, Warner Bros. Discovery Inc., will house three streaming services: HBO Max, Discovery+ and CNN+; Warner Bros. studio; and cable channels such as TNT, TBS, Food Network, Investigation Discovery, TLC, Discovery, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, New Line Cinema, Cartoon Net...

    See full list on techcrunch.com

    Despite being the minority stakeholder, with shareholders owning 29%, Discovery has operational control of WBD. Last week, former WarnerMedia CEO Jason Kilar stepped down as David Zaslav took his position as Warner Bros. Discovery’s chief executive officer. The company’s longtime CEO, Zaslav, has assembled a management team mostly from the ranks of...

    See full list on techcrunch.com

    AT&T CEO John Stankey said, “We are at the dawn of a new age of connectivity, and today marks the beginning of a new era for AT&T. With the close of this transaction, we expect to invest at record levels in our growth areas of 5G and fiber, where we have strong momentum, while we work to become America’s best broadband company. At the same time, we...

    See full list on techcrunch.com

  9. www.cnbc.com › 2022/04/08 › warnermedia-discoveryWarnerMedia, Discovery complete merger, become Warner Bros ...

    Apr 8, 2022 · May 17, 2021. Dado Ruvic | Reuters. AT&T 's WarnerMedia unit and Discovery have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will...

  10. www.thedrum.com › news › 2022/04/12What you need to know about the Warner Bros Discovery merger

    Apr 12, 2022 · In May 2021, after four tumultuous years, WarnerMedia’s holding company AT&T struck a deal with Discovery to create a new media entity and then relinquish control of the business it paid $85bn...

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