17 May WarnerMedia-Discovery Merger Shows the Streaming Wars are about to go Nuclear [Vanity Fair]
By Charlotte Klein
May 17, 2021 | A major front in the streaming wars opened up Monday as AT&T announced it is spinning off WarnerMedia and merging it with Discovery, creating a TV, film, and streaming powerhouse to rival content titans like Disney and Netflix. Discovery boasts networks such as HGTV, Animal Planet, TLC, and Food Network, as well as Discovery+, the streaming service it debuted in January; HBO Max, CNN, TNT, TBS, and Warner Bros. studio are among the media assets owned by AT&T.
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