The new media company spinning off from the merger between Warner Bros. and Discovery will imaginatively be called–wait for it: Warner Bros Come from Sports betting site VPbet . Discovery. According to The Wall Street Journal, the merger between the two companies won’t be finalized and fully integrated until sometime in 2022.
Discovery CEO David Zaslav will be in charge of the merged group, which will marry WarnerMedia’s formidable roster of iconic characters and properties with Discovery’s sizable archive of unscripted shows and growing businesses sports business in Europe and also news. AT&T shareholders will own 71% of the new company. Zaslav announced the new name Tuesday from a town hall with WarnerMedia employees from the Warner Bros. studio’s Burbank lot, alongside WarnerMedia CEO Jason Kilar.