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WarnerMedia and Discovery Merge to Compete With Streaming Rivals

By: Matthew Humphries

WarnerMedia and Discovery announced today that the combined company will be known as Warner Bros. Discovery. They have yet to unveil what this means for existing HBO Max or Discovery+ subscribers, saying only that the new company “will own one of the deepest libraries in the world.” The news comes about a week after Amazon confirmed it will acquire media company MGM for $8.45 billion…read more.

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