The MGM studio and library – from the James Bond, Rocky and RoboCop films to The Handmaid's Tale, The Voice, Survivor and The Apprentice – have been bought
Analysts expect the platforms to bundle up, rather than merge into a single entity
HBO Max and Discovery+ likely are more valuable as separate-but-bundled platforms.
Courtesy HBO Max, Discovery+
4 hours ago
Monday’s bombshell announcement that AT&T would spin out WarnerMedia and merge it with Discovery Inc. rocked the media world ahead of upfronts week. The union will reshape the media landscape and further consolidate the remaining TV entertainment giants by uniting disparate cable networks like Discovery’s Food Network, HGTV, ID and TLC with WarnerMedia’s HBO, Cartoon Network, CNN and TBS.
Kelsey Sutton
Want to save $5 on HBO Max? Watch some commercials. New $9.99 ad-supported subscription arrives in June Mike Snider, USA TODAY I was living a life of death : Tina Turner opens up about Ike, career in HBO documentary UP NEXT
Worried that your monthly streaming TV bill is growing too fast? HBO Max has a way to help you reduce it by $5: watch commercials.
Coming the first week of June: HBO Max will become available for $9.99 monthly with commercials. Currently, HBO Max with no commercials costs $14.99 monthly.
Both tiers of subscribers will be able to watch all of the content on HBO Max, however, subscribers who pay for the ad-supported version will not have same day access to Warner Bros. films debuting in theaters and on the service, at least through the rest of this year.
AT&T, Discovery merging media
Proposed agreement will combine streaming services
MAE ANDERSON | Associated Press
NEW YORK – AT&T and Discovery will merge their media operations in a $43 billion deal that will create a new company overseeing CNN, HBO, TNT and TBS, along with Discovery s Food Network, HGTV and others.
With the agreement Monday to spin off WarnerMedia, AT&T is pulling back from a yearslong campaign to break into the streaming and entertainment sector. That arena that has been flooded in the last two years with new players including those owned by AT&T and Discovery, which operate HBO Max and Discovery+, respectively.
AT&T signs deal to merge WarnerMedia operations with rival Discovery
Published
Netflix was top-performing stock of decade, yielding around 4,000 percent return
Netflix, the streaming giant, was the top-performing stock of the decade, yielding around a 4,000 percent return.
NEW YORK - AT&T and Discovery will merge their media operations in a $43 billion deal that will create a new company overseeing CNN, HBO, TNT and TBS, along with Discovery s Food Network, HGTV and others.
With the agreement Monday to spin off WarnerMedia, AT&T is pulling back from a yearslong campaign to break into the streaming and entertainment sector, where big players are slugging it out with increasingly large war chests dedicated to premium and original content.