AT&T to shed media assets, combine them with Discovery for $43 billion
https://www.reuters.com/article/us-at-t-discovery-inc/att-to-shed-media-assets-combine-them-with-discovery-for-43-billion-idUSKCN2CY135
(Reuters) -AT&T Inc, the owner of HBO and Warner Bros studios, and cable and streaming network Discovery Inc, the owner of lifestyle TV networks such as HGTV and TLC, will combine their media assets to create a standalone global streaming business, the U.S. telecoms giant said on Monday.
