AT&T To Spin Off WarnerMedia And Merge It With Discovery

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AT&T has announced a $43 billion deal to create a company that will combine WarnerMedia

AT&T will spin off WarnerMedia and acquire Discovery Inc. to create a new company that will combine WarnerMedia’s entertainment, sports and news with Discovery’s nonfiction and entertainment shows.

(Image credit: Ronald Martinez/Getty Images)

AT&T will spin off WarnerMedia and acquire Discovery Inc. to create a new company that will combine WarnerMedia’s entertainment, sports and news with Discovery’s nonfiction and entertainment shows.