The recent merger of Warner Bros (formerly owned by AT&T) and Discovery, Inc is a big deal, and now the new company has revealed its plans for streaming and content in the future. That includes merging HBO Max and Discovery+ into one streaming service . What Merger? Warner Bros. has gone through many different mergers and sales since it was founded in 1923, and AT&T purchased the company in 2018 (which was challenged by the U.S. Justice Department at the time). Under AT&T's umbrella, the company became WarnerMedia and launched the HBO Max streaming service . Warner also owns HBO, CNN, DC Films, New Line Cinema, and other studios and channels. However, just three years later, AT&T started plans to sell WarnerMedia to Discovery — owner of the Discovery+ streaming service , HGTV, the Food Network, and Animal Planet, to name a few properties. The new combined company, called Warner Bros. Discovery, officially came into existence in April 2022 and started making changes almost immediately. Warner launched the CNN+ streaming service on March 29, 2022, and less than one month later, the company decided to shut it down . More recently, Warner cancelled the Batgirl movie that was planned for… Read full this story
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