DISCK

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

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

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

If history is any guide, there may be good fortune ahead for shares of Discovery (NASDAQ:DISCK). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term average price, it means the trend is lower. Why It's Important: The 50-day and the 200-day simple moving averages are commonly used. The golden cross occurs when the 50-day crosses above the 200-day. This could mean the

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.

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

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

Discovery Inc (NASDAQ:DISCA) (NASDAQ:DISCK) confirmed discussions with BT Group to create a new sports venture in the U.K. by combining its Eurosport business in the U.K. and Ireland with BT Sport.  The companies aim for the 50:50 Joint Venture to be operational in 2022, pending a definitive agreement and regulatory approval. The proposed U.K. venture would bring together BT Sport and Eurosport U.K., which have extensive portfolios of premium sports rights. Discovery forayed into the global sports media business in 2014 with its acquisition of Eurosport.  Price Action: DISCA shares traded higher by 4.21% at $28.86 on the last check Thursday.

The proposed combination of Eurosport's UK business with BT Sport would bring together major long-term rights and world-class sports broadcast and digital capabilities NEW YORK and LONDON, Feb. 3, 2022 /PRNewswire/ -- Discovery, Inc. (NASDAQ:DISCA, DISCB, DISCK))) confirms that it has entered into exclusive discussions with BT Group to create a new sport venture in the UK by combining its Eurosport business in the UK and Ireland with BT Sport.  The companies aim for the 50:50 Joint Venture to be operational in 2022 pending a definite agreement and regulatory approval. The pr