{"id":78243,"date":"2021-05-18T02:00:33","date_gmt":"2021-05-18T06:00:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=78243"},"modified":"2021-05-18T01:44:23","modified_gmt":"2021-05-18T05:44:23","slug":"att-announces-43-billion-deal-to-merge-warnermedia-with-discovery","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2021\/att-announces-43-billion-deal-to-merge-warnermedia-with-discovery.html","title":{"rendered":"AT&#038;T announces $43 billion deal to merge WarnerMedia with Discovery"},"content":{"rendered":"\n<p>(CNBC) Telecom giant <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/T\" target=\"_blank\">AT&amp;T<\/a> announced Monday a deal to combine its content unit WarnerMedia with <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DISCA\" target=\"_blank\">Discovery<\/a>, creating Hollywood\u2019s biggest studios to compete with media giants <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/NFLX\" target=\"_blank\">Netflix<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DIS\" target=\"_blank\">Disney<\/a>. AT&amp;T will unwind its $85 billion acquisition of Time Warner, and form a new media company with Discovery. The deal could be valued at as much as $150 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/05\/17\/att-to-combine-warnermedia-and-discovery-assets-to-create-a-new-standalone-company.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Telecom giant AT&amp;T announced Monday a deal to combine its content unit WarnerMedia with Discovery, creating Hollywood\u2019s biggest studios to compete with media giants Netflix and Disney. AT&amp;T will unwind its $85 billion acquisition of Time Warner, and form [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78243","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=78243"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78243\/revisions"}],"predecessor-version":[{"id":78244,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/78243\/revisions\/78244"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=78243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=78243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=78243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}