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?

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…