God bless you and keep you from harm, this day and forever.
cheese starts 1.42
Happened in 2017
three years ago,( AT&T finally closed its $85 billion deal to buy Time Warner, ending a protracted battle with the Justice Department under then-President Donald Trump, which sought to block the deal. Now itโs spinning off its media assets from the deal to combine with Discovery to create a content giant.
https://nypost.com/2022/02/01/att-to-spin-off-warnermedia-in-43b-discovery-deal/
The deal to unwind AT&Tโs $85 billion purchase of Time Warner, renamed WarnerMedia, was announced early last year, but some financial details were not disclosed until Tuesday. AT&T is in the process of shedding non-core media assets so that it can focus on its wireless and broadband internet business as it forges ahead with the development of 5G technology.