AT&T/Discovery Deal Could Spur More Consolidation -- Market Talk

Dow Jones Newswires · May 18, 2021 03:42

DJ AT&T/Discovery Deal Could Spur More Consolidation -- Market Talk

1537 ET - The decision of AT&T to combine its WarnerMedia entertainment assets with Discovery Communications to create a new stand-alone company will no doubt start off speculation that the media industry is about to go through another round of consolidation. In Hollywood, smaller studios and production companies including MGM and Lions Gate Entertainment are often seen as likely targets to be tied-up in bigger companies. (joe.flint@wsj.com; @JBFlint)

(END) Dow Jones Newswires

May 17, 2021 15:42 ET (19:42 GMT)

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AT&T/Discovery Deal Could Spur More Consolidation -- Market Talk

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