AT&T set to end media voyage with $43 bln Discovery deal

AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.

AT&T close to deal to combine media empire with Discovery-reports

U.S. telecoms giant AT&T Inc (T.N) is nearing a deal to combine its media assets, including CNN and HBO, with Discovery Inc (DISCA.O), the owner of lifestyle TV networks such as HGTV and TLC, according to news reports citing unnamed sources. The deal would mark the unwinding of AT&T’s $108.7 billion acquisition of U.S. media conglomerate Time Warner […]