discovery plus

AT&T has decided to shed its entertainment assets in exchange for $43 billion and intends to merge them with Discovery into a new entertainment company, the companies announced Monday. The deal, which is expected to close in mid-2022, will still need to be approved by regulators.

The new company will combine streaming services HBO Max, which falls under AT&T's WarnerMedia subsidiary, and Discovery Plus, into a publicly traded parent company that is yet to be named.

Read more Show less

ViacomCBS has struck a deal with Disney to distribute more of their content on Hulu Plus Live TV. Terms of the deal announced on Monday weren't disclosed but the agreement gives Hulu access to 14 channels including BET, Comedy Central, MTV, Nickelodeon, VH1 and Paramount Network.

CBS already had a deal with Hulu to provide its broadcast channel along with the CW, the Smithsonian Channel and PopTV.

Read more Show less

Trending