Combination of Discovery and WarnerMedia Creates Warner Bros. Discovery, Global Leader in Entertainment and Streaming Warner Bros. Discovery to Begin Trading on the Nasdaq as "WBD" on Monday, April 11 Today Discovery, Inc. and AT&T Inc.* ((T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with the start of trading on Monday, April 11, under the new ticker symbol "WBD." This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202204080

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ:DISCA, DISCB, DISCK))) today reported financial results for the quarter and year ended December 31, 2021. David Zaslav, President and Chief Executive Officer of Discovery said, "2021 was by all measures an exceptional year for our company, in which we achieved significant operational, financial, and strategic objectives. We grew our global DTC paying subscribers to 22 million, a tailwind for our strong distribution revenue growth of 11%, while global advertising revenues grew 10% due to continued strength in our key markets and share gains. Additionally, we ended the year with nearly $4 billion of

NEW YORK, Feb. 7, 2022 /PRNewswire/ -- Discovery (NASDAQ:DISCA, DISCB, DISCK))) today announced that it will report its fourth-quarter and full year 2021 results on Thursday, February 24, 2022, at 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results. A link to the live audio webcast of the conference call will be available in the "Investor Relations" section of Discovery's website at https://corporate.discovery.com/. A replay of the call will be available approximately two hours after the completion of the call until March 3, 2022. The replay can be accessed by phone by dialing 800-585-8367 or 416-621-4642 using conference ID 9097405. A r

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Combination of Discovery and WarnerMedia Creates Warner Bros. Discovery, Global Leader in Entertainment and Streaming Warner Bros. Discovery to Begin Trading on the Nasdaq as "WBD" on Monday, April 11 Today Discovery, Inc. and AT&T Inc.* ((T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery. The combination creates a premier standalone global media and entertainment company, Warner Bros. Discovery, Inc., which will begin trading on the Nasdaq with the start of trading on Monday, April 11, under the new ticker symbol "WBD." This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202204080

NEW YORK, April 7, 2022 /PRNewswire/ -- S&P 500 & 100 constituent AT&T Inc. (NYSE:T) will spin off its interest in WarnerMedia, and immediately following the spin-off, WarnerMedia will merge with S&P 500 constituent Discovery Inc. (NASD:DISCK,DISCA,DISCB). At the time of the transaction, all classes of shares of Discovery common stock will be converted and reclassified into a single share class line of newly named Warner Bros. Discovery Inc.(NASD:WBD), and it will remain in the S&P 500. AT&T will also remain in the S&P 500 and 100 indices after completion of the transaction. For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones

Board designees announced in anticipation of the Q2 closing of the Discovery, Inc. and WarnerMedia combination Designees will bring deep media industry expertise, extensive qualifications, and diverse experience Samuel A. Di Piazza to become Board Chair NEW YORK, March 15, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ:DISCA, DISCB, DISCK))) today announced the full slate of director designees for the combined company, Warner Bros. Discovery, Inc. ("WBD").  The directors will be elected and begin serving on the WBD Board effective at the closing of the proposed combination of Discovery, Inc. and WarnerMedia, which is expected to occur early in the second quarter of 2022.

NEW YORK, March 11, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ:DISCA, DISCB, DISCK))) today announced that the Company's stockholders have approved various matters relating to the acquisition of WarnerMedia from AT&T to create Warner Bros. Discovery, Inc., a premier, global entertainment company. The transaction will bring together WarnerMedia's premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses. At the Special Meeting of Discovery Stockholders held earlier today, based on estimated prelimin

NEW YORK, March 9, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ:DISCA, DISCB, DISCK))) announced today that Magallanes, Inc. ("Spinco"), a wholly-owned subsidiary of AT&T Inc. ("AT&T"), priced an offering of $30.0 billion aggregate principal amount of senior unsecured notes, comprised of the following tranches (collectively, the "Notes"): $1.75 billion aggregate principal amount of its 3.428% Senior Notes due 2024, $500.0 million aggregate principal amount of its 3.528% Senior Notes due 2024, $1.75 billion aggregate principal amount of its 3.638% Senior Notes due 2025, $500.0 million aggregate principal amount of its 3.788% Senior Notes due 2025, $4.0 billion a

NEW YORK, March 9, 2022 /PRNewswire/ -- Discovery (NASDAQ:DISCA, DISCB, DISCK))) today announced that Chief Financial Officer Gunnar Wiedenfels will present at Deutsche Bank's 30th Annual Media, Internet, & Telecom Conference in Palm Beach, Florida on Monday, March 14, 2022 at 8:05 a.m. ET. A link to the live webcast of the presentation will be available in the "Investor Relations" section of Discovery's website at https://corporate.discovery.com/. There will not be a replay of this presentation. About Discovery:Discovery, Inc. (NASDAQ:DISCA, DISCB, DISCK))) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspir

NEW YORK, Feb. 28, 2022 /PRNewswire/ -- Discovery, Inc. today announced its plans to appoint Chris Licht as the new chairman and chief executive officer of CNN Global. The appointment will be effective following the completion of Discovery, Inc.'s acquisition of WarnerMedia, expected in early 2Q.  Licht has spent more than 20 years in broadcast news and currently serves as executive vice president of special programming at CBS. He has created, led and strengthened award-winning news and entertainment shows and programming, including "The Late Show with Stephen Colbert," "CBS T

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ:DISCA, DISCB, DISCK))) today reported financial results for the quarter and year ended December 31, 2021. David Zaslav, President and Chief Executive Officer of Discovery said, "2021 was by all measures an exceptional year for our company, in which we achieved significant operational, financial, and strategic objectives. We grew our global DTC paying subscribers to 22 million, a tailwind for our strong distribution revenue growth of 11%, while global advertising revenues grew 10% due to continued strength in our key markets and share gains. Additionally, we ended the year with nearly $4 billion of

New paid streaming subscribers for Beijing 2022 exceed PyeongChang 2018 by almost 50% Over 1 billion streaming minutes consumed across discovery+ and Eurosport subscription services Discovery's average linear TV audiences, both free-to-air and Eurosport, remain resilient and in line with PyeongChang 2018, despite an overall 10% reduction in total TV usage since 2018 Over half of new Olympic subscribers also enjoyed discovery+'s entertainment content, meaningfully enhancing subscriber lifetime value LONDON, Feb. 23, 2022 /PRNewswire/ -- Discovery has reported record Olympic Winter Games viewership and engagement on its digital platforms, as the household appeal of discovery+ drove significan

  - Total streaming viewers for Beijing 2022 surpassed PyeongChang 2018 after only four days of competition. - New paid streaming subscribers for Beijing 2022 pass those acquired for the entire last Winter Olympic Games. - Eight times more viewers streaming content compared to the same period for PyeongChang 2018. - Eurosport's average linear audiences remain strong and are in line with the last Olympic Winter Games, despite total TV usage being down more than 10 percent since 2018. BEIJING and LONDON, Feb. 14, 2022 /CNW/ -- The opening week of competition at Olympic Winter Games Beijing 2022 has driven massive increases in engagement on discovery+ and Eurosport digital services, as well as

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A comic book company that dates back to 1939 is getting into the Web3 space with its own metaverse-inspired NFT collection. What Happened: Archie Comics is launching “Archieverse: Eclipse Collection,” a PFP project that is inspired by “The Chilling Adventures of Sabrina.” The NFTs, which will be released on May 16 (a blood moon date), will be sold for $66.66 each. There will be 66,666 generative characters from over three billion outcomes. The NFTs are created in partnership with Archie Comics, Palm NFT Studio and Archie artists Laura Braga and Vincezo Federici. “Marking a major milestone in comic book history, Archie Comics is leveraging the blockchain to empower fans to author future s

A new list shows the most popular streaming apps for users in the U.S. based on their age. Among the highlights are that several of the top streaming apps are not the ones users would guess top the list. What Happened: Data from The Streamable features the top-used streaming apps using data from datta.ai’s App IQ. The data analyzed is only from apps used on the iOS and Android mobile devices from Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), respectively. These are the most popular streaming apps for millennials: Redbox Entertainment Inc (NASDAQ:RDBX) Plex Vudu, owned by Comcast Corporation (NASDAQ:CMCSA) and Warner Bros. Discovery, Inc. (NASDAQ:WBDWV) Xfinity

https://about.att.com/story/2022/details-for-completion-of-warnermedia-spinoff.html  Today AT&T Inc.* (NYSE:T) announced that it has declared a stock dividend to effect the spin-off of 100% of AT&T’s interest in WarnerMedia to AT&T’s shareholders. The record date for the stock dividend is the close of business on April 5, 2022. This stock dividend is in connection with the previously announced transaction to combine AT&T’s WarnerMedia business with Discovery, Inc. (NASDAQ:DISCA, DISCB, DISCK))). On the closing date of the transaction, anticipated to be in April, AT&T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in Warner Bros. Discovery, Inc. (WBD) for e

  During Tuesday's session, 454 stocks hit new 52-week lows. Intriguing Points From Today's 52-Week Lows: Taiwan Semiconductor (NYSE:TSM) was the largest company by market cap to set a new 52-week low. Dermata Therapeutics (NASDAQ:DRMA) was the smallest firm by market cap to set a new 52-week low. Evolv Technologies (NASDAQ:EVLV)'s stock fell the most, as it traded down 40.8% to reach a new 52-week low. Liberty Media Acquisition (NASDAQ:LMACA)'s stock made the biggest reversal, trading up 0.0% shortly after dropping to a new 52-week low. The following stocks set new 52-week lows on Tuesday: Taiwan Semiconductor (NYSE:TSM) shares hit a yearly low of $97.67. The stock was up 1.14%

Discovery (NASDAQ:DISCA) reported quarterly earnings of $0.08 per share. This is a 80.95 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $3.19 billion which beat the analyst consensus estimate of $3.12 billion by 2.15 percent. This is a 10.43 percent increase over sales of $2.89 billion the same period last year.