新闻跟读 | The Coming of A New Media Giant

US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery in a deal to create a new streaming giant.

The tie-up brings one of Hollywood's biggest studios and Discovery's channels under the same ownership.

AT&T owns CNN, HBO and Warner Bros, after acquiring many brands in a $108.7bn purchase of Time Warner in 2018.

The deal also marks the entry of another player into a crowded market.