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1. about.att.com › story › 2022AT&T and Discovery Close WarnerMedia Transaction - AT&T Newsroom

   about.att.com › story › 2022

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   Apr 8, 2022 · NEW YORK and DALLAS, April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * (NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with ...

   • Investor Relations | AT&T

     AT&T 3Q Results: Continued 5G and Fiber Subscriber Momentum....

   • AT&T Announces Details for Completion of WM Spin-Off

     DALLAS, March 25, 2022 — Today AT&T Inc. * (NYSE:T)...

2. www.cnbc.com › 2021/05/17 › att-to-combine-warnerAT&T announces $43 billion deal to merge WarnerMedia with ...

   www.cnbc.com › 2021/05/17 › att-to-combine-warner

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   May 17, 2021 · The deal would create a new business, separate from AT&T, that could be valued at as much as $150 billion, including debt, according to The Financial Times. AT&T said it would receive an aggregate ...

3. Videos

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     AT&T Buys Time Warner: Welcome To The Media’s Merger Mania | NBC News

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     AT&T Reaches Deal to Buy Time Warner for $85.4 Billion

     Oct 22, 2016

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     AT&T-Time Warner merger will change media landscape

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4. about.att.com › story › 2022AT&T Announces Details for Completion of WM Spin-Off

   about.att.com › story › 2022

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   Mar 25, 2022 · DALLAS, March 25, 2022 — Today AT&T Inc. * (NYSE:T) announced that it has declared a stock dividend to effect the spin-off of 100% of AT&T’s interest in WarnerMedia to AT&T’s shareholders. The record date for the stock dividend is the close of business on April 5, 2022.

5. variety.com › 2022 › tvDiscovery Closes Acquisition of AT&T’s WarnerMedia - Variety

   variety.com › 2022 › tv

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   Apr 8, 2022 · Per Warner Bros. Discovery’s Friday release announcing the closed transaction, “AT&T received $40.4 billion in cash and WarnerMedia’s retention of certain debt.

6. www.cnbc.com › 2022/02/01 › att-to-spin-off-warnerAT&T to spin off WarnerMedia in $43 billion Discovery media ...

   www.cnbc.com › 2022/02/01 › att-to-spin-off-warner

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   Feb 1, 2022 · AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery and also cut its dividend by nearly half. AT&T shareholders will own 71% ...

7. www.cnbc.com › 2022/04/08 › warnermedia-discoveryWarnerMedia, Discovery complete merger, become Warner Bros ...

   www.cnbc.com › 2022/04/08 › warnermedia-discovery

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   Apr 8, 2022 · May 17, 2021. AT&T ’s WarnerMedia unit and Discovery have completed their merger, the companies said on Friday. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq ...

8. People also ask

   Did discovery buy WarnerMedia from AT&T?

   • Discovery completed its acquisition of WarnerMedia from AT&T on Friday. The close of the transaction births new company Warner Bros. Discovery, which will begin trading on the Nasdaq Monday under the new ticker symbol “WBD.”

   Discovery-WarnerMedia Merger Closes - Variety

   variety.com/2022/tv/news/discovery-warnermedia-merger-close-warner-bros-discovery-1235200983/

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   Will AT&T spin off WarnerMedia?

   • AT&T said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery and also cut its dividend by nearly half. AT&T shareholders will own 71% of the new Warner Bros. Discovery company and will receive 0.24 shares of Warner Bros. Discovery for each AT&T share they own.

   AT&T to spin off WarnerMedia in $43 billion Discovery media merger

   www.cnbc.com/2022/02/01/att-to-spin-off-warnermedia-in-43-billion-discovery-media-merger.html

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   How much money does AT&T get from WarnerMedia?

   • AT&T will receive $43 billion worth of cash, debt securities and WarnerMedia's retention of debt. The new company will be led by Discovery CEO David Zaslav. It's a major deal that allows AT&T to undo one of the largest media acquisitions in history: the 2016 purchase of Time Warner for $109 billion.

   Discovery and WarnerMedia merge, creating one of the largest U.S. me…

   www.nbcnews.com/media/discovery-warnermedia-merge-creating-one-largest-us-media-companies-rcna940

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   Will AT&T buy Time Warner?

   • Under the agreement, AT&T will unwind its $85 billion acquisition of Time Warner, which closed just under three years ago and form a new media company with Discovery. The deal would create a new business, separate from AT&T, that could be valued at as much as $150 billion, including debt, according to The Financial Times.

   AT&T announces $43 billion deal to merge WarnerMedia with Discovery

   www.cnbc.com/2021/05/17/att-to-combine-warnermedia-and-discovery-assets-to-create-a-new-standalone-company.html

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   Will AT&T pay down WarnerMedia debt?

   • AT&T aimed to use the proceeds from the WarnerMedia spinoff to pay down net debt, which stood at $156.2 billion at the end of 2021. Per Warner Bros. Discovery’s Friday release announcing the closed transaction, “AT&T received $40.4 billion in cash and WarnerMedia’s retention of certain debt.

   Discovery-WarnerMedia Merger Closes - Variety

   variety.com/2022/tv/news/discovery-warnermedia-merger-close-warner-bros-discovery-1235200983/

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   Did AT&T buy Warner Media?

   • AT&T's acquisition of Warner Media took almost two years to gain government approval. The new AT&T-Discovery company will vie with Netflix, Disney, Amazon, NBCUniversal, CBS and many more media companies that have invested heavily in streaming services. NBCUniversal is the parent company of NBC News.

   Discovery and WarnerMedia merge, creating one of the largest U.S. me…

   www.nbcnews.com/media/discovery-warnermedia-merge-creating-one-largest-us-media-companies-rcna940

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9. www.nbcnews.com › media › discovery-warnermediaDiscovery and WarnerMedia merge, creating one of the largest ...

   www.nbcnews.com › media › discovery-warnermedia

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   May 17, 2021 · It's a major deal that allows AT&T to undo one of the largest media acquisitions in history: the 2016 purchase of Time Warner for $109 billion. AT&T billed the deal as a chance to combine its ...