Deal would bring together Warner Bros film and TV, HBO TV series and Discovery’s reality-TV shows
The parent company of CNN, HBO and the Hollywood studio behind the Batman and Harry Potter franchises, is in talks to forge a $150bn (£106bn) tie-up with Discovery to take on streaming services Netflix and Disney+.
US telecoms company AT&T, which acquired the media assets in an $85bn takeover of Time Warner just three years ago, wants to offload its media content division, now known as WarnerMedia, into a separate business in combination with Discovery.
Continue reading...from US news | The Guardian https://ift.tt/1Zwv3jN