We are now closer than ever to see Chip and Joanna Gaines joining the Justice League, as AT&T announced that Discovery and WarnerMedia officially merged to become one of the largest media businesses in existence are doing. This is, of course, the result of AT&T spinning WarnerMedia, which owns various media properties such as TNT, CNN, TBS, Warner Bros. Film and TV and HBO. So what exactly does all this mean?
Basically, this means that the company will merge with Discovery, which also has a variety of popular media outlets such as Food Network, Discovery Channel, Animal Planet and TLC. No band. In return, AT&T would receive $ 43 billion in cash, as well as debt securities and WarnerMedia’s debt retention.
This new deal from AT&T comes as a surprise to many, as it essentially foreshadows one of history’s biggest media acquisitions. Of course, we are talking about the 2016 purchase of Time Warner, now WarnerMedia for $ 109 billion. The combination of both WarnerMedia and Discovery can make the streaming wars a bit more interesting, giving potential new collaboration an edge over competing with Netflix and Disney +.
AT&T knows what’s up
In a press release by AT&T, CEO John Stankey said the following about the move: “The agreement unites two entertainment leaders with complementary content strengths and makes the new company one of the leading global direct-to-consumer streaming platforms.
He added: “It will support HBO Max’s stunning growth and international launch with Discovery’s global footprint and create capabilities that reinvest in the production of more great content to deliver what they want to consumers May go.”
Stankey concludes with the following statement about AT & T’s new focus: “AT&T shareholders, this is an opportunity to unlock value and be one of the best capitalized broadband companies with a substantial, long-term demand for connectivity.” Is focused on investing in 5G and fiber to complete. “The deal, which is expected to close in mid-2022, will likely merge the streaming services of HBO Max and Discovery +. Impressive.
What is HBO Max?
After its first launch on May 27, 2020, HBO Max joined separate streaming services against strong opponents such as Netflix, Hulu and Disney Plus. A property of WarnerMedia Entertainment, HBO Max has a stacked library of content that includes favorites. game of Thrones, friend, Done by, The OC, His Dark Materials, Big Little Lies, Chernobyl, True Detective and South Park.
By subscribing to HBO Max you will be invited to experience a wide range of content including HBO Premium Programming, third-party titles, WarnerMedia’s impressive library, as well as original content created specifically for the trending streaming service, such as That is highly recommended the flight attendant.
If you already have access to HBO via a cable or satellite provider, then you should have access to HBO Max and all of its amazing content. Some of the providers currently offering this streaming service are: Xfinity, Wow !, Verizon Fios, Optimum, RCN, Spectrum, Suddenlink, Altice One, Cox, DirectTV, AT&T U-verse, Atlantic Broadband, and Apple TV Channels.
Discovery + was launched in the US on January 4, 2021 and Discovery is home to an extensive library of content from fourteen networks including TLC, Animal Planet, Food Network, HGTV, ID, A&E, History, Lifetime, OWN, Travel, Science Network, The Dodo, and more.
With an endless list of series and seasons already aired, Discovery + is also home to a variety of new content created specifically for the streaming service, including the relaunch of the popular TLC home makeover series. fixer upper.