Warner Bros. Discovery: Difference between revisions

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Revision as of 06:14, 9 April 2022




Background

In May 2021, AT&T announced that it had proposed to spin-off WarnerMedia and merge it with Discovery, Inc. to form a single company Warner Bros. Discovery, under Discovery Inc.'s CEO David Zaslav. In December 2021, it was announced that the deal was approved by the European Commission and the merger was completed by April 8, 2022. The company's previous assets included Time Inc., TW Telecom, AOL, Time Warner Cable, AOL Time Warner Book Group, and Warner Music Group; these operations were either sold to others or spun off as independent companies. The company was ranked No. 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

(April 8, 2022-)

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