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Sunday, May 16, 2021

AT&T close to deal to combine media empire with Discovery: Reports

The deal would mark the unwinding of AT&T's $108.7 billion acquisition of U.S. media conglomerate Time Warner in 2018, and it would underscore its recognition that TV viewership has moved to streaming, where scale is required to take on the likes of Netflix Inc and Walt Disney Co.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3yfSBSq

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