WarnerMedia + Discovery

Thoughts on the media deal that nobody expected

On Monday, May 17th, AT&T’s WarnerMedia and Discovery announced their intentions to combine - and in doing so, they dropped the first domino in the next wave of media industry consolidation.

In a statement, Discovery Chairman John Malone said the following:

“After over 30 years of being involved in developing Discovery as a global information and enterta…