AT&T to merge WarnerMedia unit with Discovery

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  • CNBC Television published this video item, entitled “AT&T to merge WarnerMedia unit with Discovery” – below is their description.

    U.S. telecoms giant AT&T on Monday announced a deal combining its content unit WarnerMedia with Discovery, paving the way for one of Hollywood’s biggest studios to compete with the likes of rival media giants Netflix and Disney. CNBC’s “Squawk Box” crew report the details.

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    The Walt Disney Company, DIS (NYSE), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.

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