AT&T will spin off WarnerMedia as part of Discovery merger

In October 2016, AT&T announced that it would purchase Time Warner for $85.4 billion, saying at the time that the deal would generate synergies of $1 billion a year within three years of closing.Since then, however, efforts to combine content and distribution as a single vertically integrated company have yielded underwhelming results…read more on TotalTele.com »