4 ms·
Isn't HBO owned by AT&T?
by cable2600 5y ago
Isn't HBO owned by AT&T?
- bluejay2 5y agoYes, currently, but they are in the process of being sold (along with rest of Time Warner Media) to Discovery Inc.
- jt2190 5y agoSorry to be pedantic, but that’s not quite correct: > … The deal would create a new business, separate from AT&T… AT&T shareholders would receive stock representing 71% of the new company, while Discovery shareholders would own 29%… AT&T said Discovery President and CEO David Zaslav will lead the new company, which will have a new name announced in coming days. https://www.cnbc.com/2021/05/17/att-to-combine-warnermedia-and-discovery-assets-to-create-a-new-standalone-company.html https://www.cnbc.com/2021/05/17/att-to-combine-warnermedia-a...