AT&T to spin off WarnerMedia in $43 billion Discovery media merger
The Hindu
AT&T shareholders will own 71% of the new Warner Bros.Discovery company and will receive a 0.24 shares of Warner Bros.Discovery for each AT&T share they own.
AT&T Inc said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc.
(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click to subscribe for free.)
The U.S. telecoms group will distribute shares of the new Warner Bros. Discovery as a dividend of $1.11 per share, down from $2.08 per share.
Senior BJP leader and former Telangana Governor Tamilisai Soundararajan on Saturday (November 23, 2024) said the landslide victory of the Mahayuti alliance in the Maharashtra Assembly election was historic, and that it reflected people’s mindset across the country. She added that the DMK would be unseated from power in the 2026 Assembly election in Tamil Nadu and that the BJP would be the reason for it.
CPI(M) Kerala Secretary analyzes LDF's victory in bypolls, dismisses anti-incumbency claims by Congress-BJP alliance, predicts future success.
Assembly poll results in Jharkhand and Maharashtra reveal the impact of women-centric welfare schemes and OBC leadership on political outcomes.
How three youngsters got together to solve the problem of arsenic contamination in groundwater
Maharashtra election results 2024: who is winning in Assembly poll battles where NCP factions are facing each other?
With inventive cocktails and unusual food combinations, The Neighborhood Bar aims to become a T Nagar hangout
For nearly four decades now, the top court has actively discussed the air pollution crisis plaguing the country’s capital — leading to the passage of some consequential reforms. Yet, significant challenges persist
Andhra Pradesh CM praises Mahayuti Alliance's victory in Maharashtra elections, credits PM Modi's leadership for transformative policies.
IACC seminar on U.S. Business and Tourism Visas with Consular Chief Rebekah Drame highlights growing Indo-American relations.
Early trends show BJP-Shiv Sena alliance reversing setbacks in Maharashtra elections, gaining ground in all economic regions compared to 2024.
Which Sena faction is leading in the Maharashtra Assembly election results 2024? We take a look.