AT&T bid farewell to WarnerMedia with increased subscriber numbers and a familiar pull on the telco from its involvement in the media sector.
Discovery and AT&T have closed their transaction to combine the WarnerMedia business with Discovery.
Discovery has revealed that it will combine its streaming service Discovery+ with HBO Max once its proposed acquisition of AT&T’s WarnerMedia closes.
AT&T has announced it will spin off 100% of its interest in WarnerMedia to AT&T’s existing shareholders in a pro rata distribution.
The European Commission (EC) has granted unconditional antitrust clearance of Discovery’s proposed acquisition of AT&T’s WarnerMedia business.
Another strong quarter for WarnerMedia’s HBO/HBO Max has resulted in AT&T raising its global year-end subscriber forecast for the services to 70-73 million.
AT&T and Discovery have entered into a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading nonfiction and international entertainment and sports businesses.
Private equity company TPG Capital is to become a 30% shareholder in a new video unit being established by AT&T.
The US Republican senator Marco Rubio has called for a review of AT&T’s upcoming sale of Central European Media Enterprises (CME) to the Czech-owned PPF Group.
AT&T’s new streaming service HBO Max will be priced at $15 per month, significantly higher than rivals Disney and Netflix, but at the same level as subscribers pay for the existing HBO service.