AT&T-Discovery deal puts pressure on streaming video rivals

AT&T-Discovery deal puts pressure on streaming video rivals

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-at-t-discovery-inc-consolidation/att-discovery-deal-puts-pressure-on-streaming-video-rivals-idUSKCN2CY2P2

AT&T Inc's $43 billion deal on Monday to spin out its WarnerMedia business and combine it with Discovery Inc was among the most ambitious yet in the streaming era. Media bankers and analysts said it will not be the last.