Tag Archives: WarnerMedia

AT&T to spin off WarnerMedia, basically admitting giant merger was a mistake

reader comments 89 with 76 posters participating Share this story AT&T today announced it will spin off WarnerMedia—including HBO and Warner Bros.—into a new company, less than three years after AT&T bought Time Warner Inc. for $108 billion. AT&T said it struck a deal with Discovery, Inc. to combine WarnerMedia and Discovery’s assets into a… Read More »

Sony’s Funimation Acquiring Crunchyroll From AT&T for $1.175 Billion

Sony’s Funimation Acquiring Crunchyroll From AT&T for $1.175 Billion After calling WarnerMedia’s Otter Media home for nearly five years, popular anime platform Crunchyroll is moving as AT&T has sold it off to Funimation Global Group, LLC, a joint venture between Sony Pictures Entertainment and Sony Music Entertainment (Japan)’s subsidiary, Aniplex Inc., for $1.175 billion. RELATED: Netflix… Read More »