Discovery Communications Stock News

Following last week’s news that Discovery’s shareholders approved its merger with WarnerMedia, which will create one of the largest U.S. media companies, there’s now a hint as to how this merger will impact the companies’ respective direct-to-consumer streaming services, HBO Max and Discovery+. This morning, Discovery CFO Gunnar Wiedenfels said the companies plan to combine […]

Following last week’s news that Discovery’s shareholders approved its merger with WarnerMedia, which will create one of the largest U.S. media companies, there’s now a hint as to how this merger will impact the companies’ respective direct-to-consumer streaming services, HBO Max and Discovery+. This morning, Discovery CFO Gunnar Wiedenfels said the companies plan to combine […]

By Dawn Chmielewski (Reuters) – Discovery Inc Chief Financial Officer Gunnar Wiedenfels on Monday provided the most concrete details to date about the media company’s plans to combine its Discovery+ streaming service with HBO Max once the acquisition of WarnerMedia closes.

Jane Latman, president of HGTV and streaming home content, is adding Food Network to her purview, ahead of Discovery''s upcoming merger with WarnerMedia. Current Food Network chief Courtney White is stepping down to launch a new production company, Butternut Films. Top line Latman, who has been with the company since 2003, will take over responsibilities…

Discovery CFO Gunnar Wiedenfels confirmed at a conference that the Discovery and HBO Max apps would eventually be merged into a single product.

While affirming guidance for 2022, AT&T (T) shed some light on its business transformation initiatives and offered an outlook of the standalone company for 2023 and beyond.

The ever-expanding streaming wars will contract ever so slightly when WarnerMedia's pending $43 billion merger with Discovery goes through.

Discovery Inc Chief Financial Officer Gunnar Wiedenfels on Monday provided the most concrete details to date about the media company's plans to combine its Discovery+ streaming service with HBO Max on

Eventually, HBO Max and Discovery+ will come together as a single streaming offering, but the integration will “take a while,” CFO Gunnar Wiedenfels said at an investor conference today. With the

Discovery''s shareholders approved Friday the media giant''s $43 billion acquisition of WarnerMedia from US telecommunications company AT&T, according to a statement by Discovery, bringing the deal one step closer to completion.

The approvals set the stage for the $43B deal to close in Q2, 2022

© Reuters. FILE PHOTO: AT&T logo is seen on a smartphone in front of displayed Discovery and Warner Media logos in this illustration taken May 17, 2021. REUTERS/Dado Ruvic/ (Reuters) -Discovery Inc shareholders voted Friday to approve the media company’s $43 billion merger with WarnerMedia, moving the deal one step closer to completion. Shareholders approved …

The merger between Discovery Inc. and WarnerMedia is one step closer to becoming finalized after Discovery announced on Friday that its shareholders had approved the deal. "At the Special Meeting…

When the merger is complete, the newly formed Warner Bros. Discovery will be one of the largest media companies in the United States.