Selling WarnerMedia off for a Discovery merger? Apparently.
Could the home of Bugs Bunny, Batman, and Anderson Cooper soon be moved into a neighborhood with Deadliest Catch and Flip or Flop?
![Selling WarnerMedia off for a Discovery merger? Apparently. Selling WarnerMedia off for a Discovery merger? Apparently.](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd754c7e0-a99e-4d08-b364-7e9a27e93b33_960x540.jpeg)
The big news story to watch over the next 24 hours is the breaking news that corporate owner AT&T is looking to sell off its WarnerMedia asset and merge it with Discovery Inc.
AT&T bought WarnerMedia three years ago for a cool $85 billion. During these same three years, AT&T has been selling off a large number of its assets to drive down debt. So, this i…