an operating profit above $10 billion.It is unknown what the fate of the two streaming services. This new company could bundle the two in the same way Disney offers a discount for those who buy all three of its streaming services: Disney+, ESPN+ and Hulu.
A merger or bundling partnership of the two streamers would be the latest phase in a growing trend of media consolidation following Disney’s purchase of 20th Century Fox in 2019 and Discovery’s own purchase of Scripps Networks the year prior for $14.6 billion.WarnerMedia has undergone multiple restructurings in its three years under AT&T, and now figures to see its organization flowchart change yet again.
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