AT&T-Discovery deal puts pressure on streaming video rivals
https://www.reuters.com/article/us-at-t-discovery-inc-consolidation/att-discovery-deal-puts-pressure-on-streaming-video-rivals-idUSKCN2CY2P2
AT&T Inc's $43 billion deal on Monday to spin out its WarnerMedia business and combine it with Discovery Inc was among the most ambitious yet in the streaming era. Media bankers and analysts said it will not be the last.