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Disney Could Have Bought Time Warner in 2016 - The New York Times

Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giant

Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giant SECTIONS Inside the Discovery-AT&T deal: Cute emails, a big loan and now, a media giantBy John Koblin, Michael M. Grynbaum, Edmund Lee and Lauren Hirsch, New York Times Last Updated: May 22, 2021, 08:59 PM IST Share Synopsis In the predawn hours of April 1, David Zaslav, CEO of Discovery, arrived at a rented town house in Manhattan’s Greenwich Village decorated with photos of rock stars and one of actor Steve McQueen in sunglasses holding a gun to prepare for a meeting that would soon reverberate across the U.S. media industry.

Inside the Discovery-AT&T Deal: Cute Emails, a Big Loan and Now, a Media Giant

Inside the Discovery-AT&T Deal: Cute Emails, a Big Loan and Now, a Media Giant
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

AT&T Lays Out New Priorities After Its WarnerMedia Deal

Image Yesterday’s WarnerMedia deal unwinds the costly legacy of Randall Stephenson, AT&T’s former C.E.O.Credit.Mike Cohen for The New York Times Counting the cost AT&T is painting a rosy picture for the future of its media business, which it will spin off and merge with Discovery. That new streaming giant is a formidable stand-alone competitor to Netflix and Disney. The move leaves AT&T to focus on its telecom business, which looks less bright after being overshadowed by its expensive and ultimately futile deal-making binge in media and entertainment under its previous chief, Randall Stephenson.

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