Discovery announces new name of WarnerMedia merger: Warner Bros. Discovery
Discovery is merging with WarnerMedia, and it’s now announced a new name for the combined company: Warner Bros. Discovery. According to The Wall Street Journal, the name was first revealed during a staff meeting today.
The merger was announced last month. AT&T said it would spin off WarnerMedia — the entertainment giant containing Warner Bros., HBO, DC Comics, and CNN, among many others — and that Discovery would take over the new company. But they didn’t have a new name prepared on the day the deal was announced.
Discovery CEO David Zaslav will be in charge of the merged group. WarnerMedia is by far the bigger company though, with around three times the 2020 revenue and a roster of iconic characters and properties. Discovery brings to…