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AT&T's WarnerMedia Spins Out to Join Discovery in Streaming TV Blockbuster Deal

AT&T is three years removed from its fight with the Trump administration's Justice Department in which it won the right to acquire Time Warner for $85 billion. Now the phone carrier is getting rid of it, merging it with Discovery to create a new streaming entity that will hold HBO Max and Discovery+ and puts it on a course to rival Netflix and other tech platforms. Read more about this deal and subsequent fallout.

AT&T's WarnerMedia Spins Out to Join Discovery in Streaming TV Blockbuster Deal

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