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Questions and Answers
What is the main reason behind AT&T's decision to merge its media unit with Discovery Communications?
Who will lead the combined company resulting from the merger of AT&T's WarnerMedia and Discovery Communications?
What will be one of the key assets of the combined company after the merger?
What industry is AT&T planning to exit as a result of this media unit merger?
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How does the annual content spend of the combined Discovery and Time Warner compare to Netflix's?
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Study Notes
- AT&T announced a 43 billion dollar deal to merge its media unit, WarnerMedia, with Discovery Communications.
- The merger will create a major player in the streaming industry, combining assets like HBO, CNN, Warner Brothers movie studio from WarnerMedia, and networks like Animal Planet, Food Network, HGTV from Discovery Communications.
- The combined company will be led by David Zaslav, the current CEO of Discovery Communications.
- This deal signifies AT&T's move to exit the media content business and focus on other areas.
- The annual content spend of the combined Discovery and Time Warner is reported to be higher than Netflix's.
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Description
Test your knowledge on the recent 43 billion dollar deal announced by AT&T to merge its media unit, WarnerMedia, with Discovery Communications. Learn about the creation of a major player in the streaming industry and the assets involved in this merger.
