AT&T to merge media and entertainment division with Discovery Inc., forming streaming behemoth that includes HBO and CNN – The Washington Post - Celeb Tea Time

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Monday, May 17, 2021

Home entertainment AT&T to merge media and entertainment division with Discovery Inc., forming streaming behemoth that includes HBO and CNN – The Washington Post

AT&T to merge media and entertainment division with Discovery Inc., forming streaming behemoth that includes HBO and CNN – The Washington Post

Combined, AT&T and Discovery will invest about $20 billion a year in content, executives said in a press conference. Zaslav said the new company, which has not yet been named, boasts 200,000 hours of content across a range of programming genres on “day one,” from sports to blockbuster films and reality shows.



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