Shares of the new Warner Bros. Discovery media giant, the $43 billion combination of Discovery and the AT&T spinoff WarnerMedia, have begun trading Monday.
The bulked-up company combines the owner of storied film studio Warner Bros., TV networks including CNN, HBO and the streaming service HBO Max, with Discovery Inc., the parent of networks that focus on reality television like HGTV and its own streaming service, Discovery+.
NEW YORK (AP) — As his executive producer, Chris Licht, prepares to take over as the new chief of CNN, Stephen Colbert joked late Monday that its name will now stand for Colbert News Network.
Despite some expected ribbing, Colbert offered a heartfelt sendoff, telling Licht that “I love you.”
NEW YORK (AP) — The merger of Discovery and AT&T's WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is another illustration of the head-spinning speed in which streaming has transformed the media world.
Discovery is joining the increasingly crowded streaming fray with its own reality-focused service Discovery Plus that will include shows from the Food Network, HGTV, TLC and its other networks...