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  2. AT&T Sets Plan to Spin Off WarnerMedia in $43 Billion Deal - AOL

    www.aol.com/entertainment/t-sets-plan-spin-off...

    The transaction will spin off 100% of AT&T’s interest in WarnerMedia to AT&T’s existing shareholders in a pro-rata distribution, followed by the merger of WarnerMedia with Discovery to form a ...

  3. Why AT&T's CEO says you should still hold the stock after the ...

    www.aol.com/news/why-at-ts-ceo-says-you-should...

    AT&T shares are down since it announced it would spin off its WarnerMedia business and combine it with Discovery Communications. AT&T CEO John Stankey told Yahoo Finance why his stock is still a ...

  4. AT&T CEO: WarnerMedia Spin Will Let Investors ‘Seize the ...

    www.aol.com/t-ceo-warnermedia-spin-let-133034275...

    AT&T CEO John Stankey positioned the proposed merger of WarnerMedia and Discovery as letting the companies — and their investors — better tap into the global direct-to-consumer opportunity, by ...

  5. Reverse Morris Trust - Wikipedia

    en.wikipedia.org/wiki/Reverse_Morris_Trust

    On May 17, 2021 AT&T announced that it was spinning off its content subsidiary WarnerMedia and merging it with Discovery, Inc. to form a new company, Warner Bros. Discovery, subject to regulatory approval. The deal, which closed in April 2022, was structured as a Reverse Morris Trust; at the time the deal was completed, AT&T's shareholders held ...

  6. WarnerMedia - Wikipedia

    en.wikipedia.org/wiki/WarnerMedia

    Despite spinning off Time Inc. in 2014, the company retained the Time Warner name until 2018, when the company was renamed WarnerMedia after it was acquired by AT&T. [7] On October 22, 2016, AT&T officially announced that they intended on acquiring Time Warner for $85.4 billion (or $108.7 billion when including assumed Time Warner debt ...

  7. Discovery, Inc. - Wikipedia

    en.wikipedia.org/wiki/Discovery,_Inc.

    On May 17, 2021, AT&T announced that it had reached an agreement to merge its content and broadcasting subsidiary, WarnerMedia (the former Time Warner, which AT&T had acquired in 2018 for just over $85 billion in an attempt to become a vertically integrated media conglomerate) with Discovery Inc. to form a new company, subject to regulatory ...

  8. Why Warner Bros. Discovery merger is the 'most exciting ... - AOL

    www.aol.com/finance/why-warner-bros-discovery...

    AT&T's WarnerMedia will represent 71% of Warner Bros. Discover, and its shareholders will receive an estimated 0.24 shares of the new joint venture for each share of AT&T that they own once the ...

  9. Warner Bros. Discovery - Wikipedia

    en.wikipedia.org/wiki/Warner_Bros._Discovery

    On May 16, 2021, Bloomberg News reported that AT&T was considering an offer to divest equity interest in their media subsidiary WarnerMedia (the former Time Warner, which AT&T acquired in 2018 for just over $85 billion in an attempt to become a vertically integrated media conglomerate), and have it merge with Discovery, Inc. to form a new ...