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

  • 📰 THR
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

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.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Makan Delrahim, DOJ Antitrust Chief Who Challenged AT&T-Time Warner Merger, Takes Different View Of WarnerMedia SpinoffMakan Delrahim, who as the Justice Department’s antitrust chief during Donald Trump’s administration challenged AT&T’s combination with Time Warner, has a different view of the planned spinoff of WarnerMedia Cc RegularTweetsUK CNschedules cnc__3 EliotReyna luchox50 Oyerista DailyNickNews
Source: DEADLINE - 🏆 109. / 63 Read more »

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…
Source: DEADLINE - 🏆 109. / 63 Read more »

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? 😂
Source: Variety - 🏆 108. / 63 Read more »