A Blended Family in Media

AT&T is refocusing on 5G by divesting its media assets, including CNN and HBO, to Discovery. This move follows costly acquisitions of DIRECTV and Time Warner, which did not yield expected results. Discovery, led by David Zasloff, continues to grow its media presence. The merger raises questions about the future of streaming services like HBO Max and Discovery Plus. Meanwhile, Amazon is in talks to acquire MGM, signaling its entertainment ambitions. The M&A market is highly active, with potential moves from Comcast and Viacom.

What was the primary reason for AT&T's decision to sell its Warner Media division?

• To merge with Comcast

• To acquire new streaming platforms

• To expand its media portfolio

• To focus more on its 5G business

Which two companies are merging as a result of AT&T's media division sale?

• Discovery and HBO

• AT&T and Disney

• Warner Media and Discovery

• Warner Media and Netflix

What is a potential outcome of the Warner Media and Discovery merger?

• HBO Max and Discovery Plus might be combined

• Discovery will sell its streaming platform

• Netflix will acquire Discovery

• AT&T will regain control of Warner Media

Which company is Amazon reportedly interested in acquiring?

• Scripps Networks

• Comcast

• MGM

• Viacom

What does the increased activity in the M&A market suggest about the media industry?

• Streaming services are declining in popularity

• It is becoming less competitive

• There is a focus on traditional media

• Companies are seeking to expand their entertainment portfolios