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April 18, 2023
Austrian economist, Joseph Schumpeter, once commented that: “The same process of industrial mutation - if I may use that biological term - that incessantly revolutionizes the economic structure from within, incessantly destroys the old one, incessantly creates a new one.
May 17, 2021
AT&T’s WarnerMedia has announced a merger of its entertainment assets (which includes TNT, the home of AEW) with Discovery Inc. The new company hasn’t been given a name or management structure yet, but it will be led by Discovery CEO David Zaslav. AT&T will receive $43 billion in cash, debt securities and WarnerMedia’s retention of debt, with shareholders getting stock that represents 71% of the new company. Discovery shareholders will get the other 29%. The deal will likely close sometim...
May 17, 2021
WarnerMedia Announces Merger With Discovery - Details Wrestling News and Rumors