WarnerMedia and Discovery will soon combine the name with… Warner Bros. Discovery
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Last month, AT&T announced it was leaving WarnerMedia in Combining $ 43 billion with Earnings. While stakeholders do not expect the project to close until the end of next year, the agency in question already has a name. Once Discovery’s shareholders and corporate executives approve the merger, the possible partnership between WarnerMedia and Discovery will be known as Warner Bros. Discovery. First of all, we know.
“We love the name of this new company because it represents the inclusion of Warner Bros. ‘a century-old legacy of production, storytelling and risk-taking, and a global name for Discovery that has always stood for integrity, skill and inspiration,” said David Zaslav. , CEO of Discovery said words.
AT&T shared what it was Release WarnerMedia a week and a half before Amazon announced its acceptance get a $ 8.45 billion Hollywood MGM studio. These two actions represent the most recent form of media integration. Encouraged by the highly competitive and Disney market A $ 71 billion deal in 2018 to fulfill 21st Century Fox, companies have spent a lot of money to protect the content of their platforms.
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