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AT&T to combine CNN, HBO, more with Discovery in $43 billion deal

AT&T to combine CNN, HBO, more with Discovery in $43 billion deal Updated 7:19 AM; Today 7:19 AM FILE - In this Oct. 21, 2014 file photo, people pass an AT&T store in New Yorks Times Square. AT&T will combine its media operations that include CNN, HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV.AP Photo/Richard Drew, File Facebook Share AT&T will combine its massive media operations that include CNN, HBO, TNT and TBS i...
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Source: al.com

Shock AT&T-Discovery Deal Raises Questions For Global Streaming Expansion

Shock AT&T-Discovery Deal Raises Questions for Global Streaming Expansion Manori Ravindran, provided by FacebookTwitterEmail If AT&T and Discovery’s shock announcement underlines any learnings in recent years, it’s that legacy media is fighting back. And for this particular deal, a key battleground could be overseas. The new combination of WarnerMedia and Discovery, a closely guarded manoeuvre relegated to C-suite executives, has come as a surprise to the vast majority of staff in both com...
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WarnerMedia, Discovery Deal Could Mean Layoffs Via $3B 'Cost Synergies'

Mike Coppola/Getty Images for WarnerMedia The merger of AT&Ts WarnerMedia with media company Discovery includes at least $3 billion of annual "cost synergies." AT&T didnt detail these cost cuts when it announced the merger on Monday. Cost "synergies" often mean layoffs. US telecom giant AT&T on Monday announced it would merge its content unit WarnerMedia with media company Discovery, creating a new streaming giant that could go head-to-head with ...
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AT&T is reportedly in talks to merge its media business with Discovery

AT&T is reportedly in talks to merge its media business with Discovery The deal would potentially combine two massive content catalogs if it came to pass Share this story Illustration by Alex Castro / The Verge AT&T and Discovery are in talks that would combine AT&T’s media business with Discovery’s reality-TV dynasty to create a massive new entertainment entity, Bloomberg reports, citing sources. Neither company confirmed the deal, but if it came to pass, the combined company would be a p...
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AT&T and Discovery Plus Are Reportedly in Talks to Combine Assets

AT&T and Discovery are discussing a deal to combine content assets, Bloomberg reported, citing unnamed sources. Combining content assets would give both a better platform to compete against streaming giants like Netflix. Both companies declined to comment on the reported discussions. AT&T, the telecom giant that also owns a host of media and entertainment outlets including HBO, TNT, CNN, and Warner Bros., is in talks with Discovery to combine content assets, Bloomberg News reported on Sunday. S...
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'Home Town Takeover' Episode 3: How to watch, live stream, TV channel, time

‘Home Town Takeover’ Episode 3: How to watch, live stream, TV channel, time Today 1:00 PM The exterior of Coaches Corner Sports Bar & Grill, 203 Orline St. in Wetumpka, Alabama. The restaurant is one of 12 renovation projects featured on the HGTV series "Home Town Takeover."(Courtesy of Andrea Dorais) Facebook Share “Home Town Takeover” continues on May 16 at 7 p.m. CT. The six-part reality series airs on Sundays on HGTV and streams on Discovery Plus and fuboTV. (HGTV is owned by Disco...
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Source: al.com

Streaming Deals Key to Upfront Ad Sales as Networks Gun for Price Hikes

Streaming Deals Key to Upfront Ad Sales as Networks Gun for Price Hikes Brian Steinberg, provided by FacebookTwitterEmail The largest TV networks are getting ready to snare billions of dollars from Madison Avenue. And lose them, all at the same time. More from Variety The annual springtime ritual of programming presentations for ad buyers will be virtual this year, kicking off on Monday with events for NBC and Fox. Disney’s many platforms take the stage on Tuesday, as will Discovery and Univ...
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