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The Latest Breaking News from Discovery

HBO Max, Discovery+ to combine into a single streaming service as part of merger

WarnerMedia’s new streaming service is going to offer everything cable once did: the newest movies, home renovation shows and Guy Fieri.

Tribune News Service

Discovery CFO Confirms Merger With WarnerMedia's HBO Max App

Discovery Inc(NASDAQ: DISCA) CFO Gunnar Wiedenfels confirmed its merger with AT&T Inc (NYSE: T) WarnerMedia at the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference, the Verge reports. Wiedenfels looks to bundle the two streaming services (Discovery Plus and HBO Max) into one offering. Wiedenfels believed that combining the two streaming services would better…

Benzinga

AT&T Stock Wavers On Updated Forecast Amid WarnerMedia, Discovery Deal

AT&T stock wavered as analysts mulled its updated forecast in anticipation of it closing the WarnerMedia transaction with Discovery.

Investors Business Daily

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5 Companies That Stand To Lose Due To Operations In Russia, Ukraine

The invasion of Ukraine by Russia has led to many companies offering support to Ukraine while pulling operations from Russia. For many companies, the operations in the two countries represent a small portion of revenue and could have minimal impact on operations as the conflict continues.

Benzinga

With 'Discovery' Season 4, Star Trek canon is finally getting real about aliens

Star Trek: Discovery Season 4 is avoiding all the alien tropes. Here's why this direction for the franchise is quietly very positive.

Inverse

Will Investors Notice Exciting Sign On Discovery's Chart?

If history is any guide, there may be good fortune ahead for shares of Discovery (NASDAQ:DISCA). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

Discovery names 'Colbert' producer Chris Licht as new boss of CNN

NEW YORK — Discovery Inc. made it official Monday that veteran news and late night producer Chris Licht will take over the reins of CNN in May.

Los Angeles Times

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Looking Into Discovery's Return On Capital Employed

According to Benzinga Pro data Discovery (NASDAQ:DISCA) posted a 53.81% decrease in earnings from Q3. Sales, however, increased by 1.17% over the previous quarter to $3.19 billion.

Benzinga

This Favorable Sign Appears On Discovery's Chart

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.

Benzinga

Discovery Stock Falls Post Q4 Results, Clocks 10% Revenue Growth

Discovery Inc (NASDAQ:DISCA) reported fourth-quarter FY21 revenue growth of 10% year-on-year to $3.19 billion, beating the consensus of $3.12 billion. It ended Q4 with 22 million Direct-to-Consumer Subscribers and generated nearly $450 million of Next Generation Revenues. Total U.S. Networks revenues increased 14% Y/Y to $2.03 billion. Total International Networks revenues increased 5%…

Benzinga

Nonfiction TV Producer Discovery Posts Mixed Fourth-Quarter Report

Discovery on Thursday beat Wall Street's sales target for the fourth quarter but its earnings evaporated in the period. DISCA stock fell.

Investors Business Daily

2021 Land Rover Discovery Review: How the lux hybrid SUV fills everyone's niche

No matter what you need, Land Rover has an SUV for you. The 2021 Land Rover Discovery fills a rather odd niche, but means that Land Rover can offer several SUVs perfect for you.

Inverse

Here's The Company Winning The Gold Medal For The 2022 Winter Olympics

While there have been several headlines reporting viewership for the 2022 Winter Olympics is dramatically down on NBC in the U.S., the numbers may be misleading and not counting streaming growth.

Benzinga

Why Star Trek just brought back tribbles, changelings, and a random Voyager molecule

'Star Trek: Discovery' Season 4 just pulled from a surprising source. The episode's writer reveals how the latest twist connects to '90s Trek.

Inverse

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Los Angeles Times

Discovery, WarnerMedia win Justice Department clearance for merger

Discovery Inc.'s takeover of WarnerMedia moved closer to completion after the U.S. Justice Department declined to challenge the deal.

The Independent UK

Discovery: No US challenge to $43B WarnerMedia deal

U.S. antitrust regulators have not challenged the $43 billion combination of Discovery and AT&T’s WarnerMedia during a key review period, according to corporate securities filings, easing the way for the deal to close in the next few months

Axios

U.S. antitrust officials approve WarnerMedia-Discovery merger

Dozens of Democratic officials had raised antitrust concerns about the deal.

Axios

Scandal plagues CNN parent WarnerMedia ahead of Discovery deal

AT&T will be able to offload several messy business headaches.

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Benzinga

Here's Why Discovery Shares Are Trading Higher Today

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…

Daily Mirror

Premier League TV rights revolution in sight amid exclusive BT talks to rival Sky Sports

BT's proposed partnership with US giant Discovery is set to get the go-ahead and provide a new rival to Sky Sports in the Premier League TV rights arena

Liverpool Echo

How Everton and Liverpool could be impacted as BT Sport confirm plans for business

Everton and Liverpool regularly feature on BT Sport, with the broadcaster set to launch a new venture

Evening Standard

BT strikes sports deal with Eurosport owner Discovery as it hails record fast internet roll out

BT is launching a new sports venture with US entertainment giant Discovery, the latest sign of its ambitions under CEO Philip Jansen.

The Guardian - UK

BT enters exclusive talks with Discovery on BT Sports

Potential joint venture with US pay-TV firm and Eurosport owner is a blow to Dazn, the ‘Netflix of sports’

The Independent UK

BT Sport to create joint venture with Eurosport owner Discovery

The announcement came as the group revealed a dip in profits but said the full-fibre broadband rollout has now reached 6.5m homes.

The Guardian - UK

BT enters final stage of talks to offload Premier League rights

Dazn is the favourite to buy BT’s sports TV business, but Discovery remains in the running

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