Axios Alerts: AT&T spins off WarnerMedia, forming new media behemoth with Discovery

Alerts   Sara Fischer    AT&T spins off WarnerMedia, forming new media behemoth with Discovery Why it matters: It's a major course correction by AT&T, essentially confirming shareholder fears that the company's $85 billion merger with Time Warner three years ago was not fully baked.   Download the Axios App Follow Axios on Social Media Contact Axios, 3100 Clarendon B‌lvd, Suite 1300, Arlington VA 22201   You received this email because you signed up for news alerts from Axios. Change your preferences or unsubscribe here.