Warner Bros. Discovery Inc. is considering keeping Discovery+ as a standalone streaming service, the Wall Street Journal reported Wednesday, citing people familiar with the matter.
According to the report, the move constitutes a shift in strategy for the firm that wanted to consolidate the content...
AT&T Inc. and Discovery, Inc. have finalized the $43 billion deal that will merge Discovery with WarnerMedia, the firms informed Axios on Friday via an internal memo.
According to the report, the newly created Warner Bros. Discovery becomes one of the most significant competitors in the United...
WarnerMedia CEO Jason Kilar expects to step down next Friday, as reported by The Wall Street Journal on Tuesday, citing a memo to staff viewed by the newspaper.
"Now is the right time to share with each of you that I will be departing this amazing company as the transaction closes," reads the...
Shareholders of Discovery voted in favor of the company acquiring WarnerMedia from AT&T in a $43 billion deal.
The agreement, which is set to result in the creation of Warner Bros. Discovery, Inc., was first announced in May 2021. "The transaction will bring together WarnerMedia's premium...
Discovery Inc. Chief Executive Officer David Zaslav (pictured) unveiled on Tuesday that the new company formed by the merger of Discovery and AT&T's WarnerMedia will be called Warner Bros. Discovery.
Zaslav, who will lead the new company, asserted that the new company will be the "most...
WarnerMedia Chief Executive Officer Jason Kilar stated on Thursday that he has no intentions of stepping down from his role this year, as his future at the company was put into question following the news of the merger between WarnerMedia and Discovery.
Kilar reportedly stated that he was not...
Discovery Inc. President and CEO David Zaslav (pictured) is set to lead the company that will be created via the WarnerMedia-Discovery merger until at least 2027 after signing a new contract, Axios reported on Tuesday, citing unnamed sources.
The combined company's name will be announced next...
WarnerMedia chief executive officer Jason Kilar has lawyered up to negotiate the terms of his departure from the position amid the company's merger with Discovery Inc and the announcement that the new joint venture would be run by longtime chief of Discovery, David Zaslav - New York Times...
AT&T confirmed on Monday it has reached an agreement with Discovery to merge its WarnerMedia unit with the New York-based company to take on rivals such as Disney and Netflix.
The merger, which is expected to result in a new company consisted of Discovery's and WarnerMedia's assets, could...
AT&T is in talks with Discovery over merging its subsidiary WarnerMedia with the New York-based company to take on rivals Disney and Netflix, CNBC reported on Sunday citing sources familiar with the negotiations.
Furthermore, an agreement could be announced tomorrow, the news channel said,...
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