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AT&T and Discovery Chiefs Reveal How WarnerMedia Mega-Deal Came Together

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variety.com

Discovery combine into a single media juggernaut was hatched during a series of meetings and calls in the Greenwich Village townhouse of Discovery chief David Zaslav.But it might never have come about were it not for Zaslav and AT&T chief John Stankey’s shared passion for golf.

The two men were commiserating via text message about how, due to COVID restrictions, they weren’t going to be able to see each other in person at last winter’s AT&T Pebble Beach Pro-Am.

But their talk soon moved from their mutual love of the links to concerns about a media business that was rapidly evolving as companies tried to stake out space in a crowded direct-to-consumer landscape.

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