WarnerMedia, Discovery Merging in $43 Billion Deal
AT&T's content unit WarnerMedia, which includes CNN, HBO, TNT and TBS, is being combined with Discovery in a 43-billion-dollar deal.
AT&T announced a massive merger with Discovery Monday morning.
AT&T's content unit, WarnerMedia, which includes CNN, HBO, TNT and TBS, is being combined with Discovery in a $43 billion deal to make a new entity. The merger has to be approved by regulators, but is expected to close about this time next year.
This is just another sign of the struggles broadcast media companies are facing as more people cut the cord and turn to streaming services.
Netflix sharing fees start soon — here’s how to transfer your profile
Netflix confirmed that it will begin charging fees for account sharing as soon as March. Here's what to do if you're currently sharing a log-in.By Elise Amendola / AP
Why Don't More Streaming Services Debut Their Films In Theaters?
Even with the box office bouncing back in 2022, the theater is no longer the main way to release a new movie, like Netflix's "Glass Onion."By Invision / AP
Spotify's Wrapped 2022 Lets You Hear Your 'Listening Personality'
Spotify Wrapped 2022 gives you a personalized take on what you listened to this year. The service also announced its most-streamed songs of 2022.By Patrick Semansky / AP
Damar Hamlin thankful, speaks publicly for 1st time in video
Amid thanks for the outpouring of support, Damar Hamlin noted that he continues to make goo progress in his recovery.By Joshua Bessex / AP
UK leader fires party chairman over tax bill allegations
He had faced days of pressure to sack Nadhim Zahawi amid allegations he settled a multimillion-dollar unpaid tax bill while in charge of the Treasury.By Alastair Grant / AP
Online system to seek asylum in US is quickly overwhelmed
The daily ritual resembles a race for concert tickets when online sales begin for a major act.By Elliot Spagat / AP