As WarnerMedia-Discovery Plan Merger, Who Will Be Next?

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Will more media dominos start falling in a new media M&A merry-go-round? That is a question Wall Street is asking after news of the mega-combination of Discovery and AT&T’s WarnerMedi…

— make for attractive takeover targets for biggies on the hunt. And at least the one or the other company lacking major scale will be up for striking a deal, rather than battling giants, if the money is right, the argument goes.

The $43 billion WarnerMedia spinoff plan is “a watershed ‘horizontal’ merger that will likely reshape the media ecosystem and competitive landscape,” CFRA Research analyst Tuna Amobi says. And it is “motivated by the quest for additional scale for both companies’ nascent streaming offerings amid the escalating streaming wars versus Netflix, Hulu, Amazon Prime Video, Disney+ etc.”

On Monday, Cahall wrote: “Discovery+WarnerMedia doesn’t close the door to further deals, but it does cast doubt on a transaction with NBCU.” He argued that the deal could leave “Comcast potentially looking for a dance partner, and ViacomCBS could be dancing on their own too.”

 

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Fresh Off WarnerMedia Merger Reveal, Discovery Touts 2021-22 Streaming And Linear ProgrammingDiscovery, a day after announcing a landmark, $43 billion merger with AT&T’s WarnerMedia, delivered its first upfront presentation in two years to tout 2021-22 programming. The virtual pr…
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AT&T Board Meets as Discovery Merger Discussions Accelerate; Shock Reverberates Around WarnerMediaNegotiations for a potential merger of WarnerMedia and Discovery accelerated on Sunday as the shock of a possible transaction ricocheted around the halls of HBO, Warner Bros. and other legacy Time … GraceRandolph hbomaxbr_portal já tem até logo? 😂
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