M&A Deal Summary |
|
|---|---|
| Date | 2021-12-22 |
| Target | WarnerMedia |
| Sector | Media |
| Buyer(s) | Warner Bros. Discovery |
| Sellers(s) | AT&T |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Media |
| Employees | 11,000 |
| Revenue | 12.2B USD (2021) |
Warner Bros. Discovery is a global media company that provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, websites, digital distribution arrangements and content licensing agreements. The Company's portfolio of networks includes television brands such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the U.S.). Discovery also operates a diversified portfolio of production studios, websites and curriculum-based education products and services. Warner Bros. Discovery was formed in 1985 and is based in Silver Spring, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector (Media) | 11 of 11 |
| Type (Divestiture) | 3 of 3 |
| State (New York) | 1 of 1 |
| Country (United States) | 8 of 8 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-26 |
Discovery Education
Charlotte, North Carolina, United States Discovery Education with its state-of-the-art digital platform supports learning wherever it takes place. Through its multimedia content, instructional supports, and innovative classroom tools, the company helps educators deliver equitable learning experiences engaging all students and supporting higher academic achievement on a global scale. It serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in nearly 100 countries and territories. Discovery Education is based in Charlotte, North Carolina. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-13 |
Joyn
Munich, Germany Joyn is a cross-provider entertainment streaming platform. Joyn is based in Munich, Germany. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 160,700 |
| Revenue | 120.7B USD (2022) |
AT&T is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T's services and products include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, and wholesale services. AT&T was founded in 1983 and is headquartered in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 23 |
| Sector (Media) | 4 of 4 |
| Type (Divestiture) | 18 of 19 |
| State (New York) | 2 of 2 |
| Country (United States) | 19 of 20 |
| Year (2021) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-21 |
Xandr
New York, New York, United States Xandr provides a data-enabled technology platform with tools that help power a diverse ecosystem connecting marketers and media owners through first-party, data-led advertising solutions across its network. Xandr is based in New York, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-17 |
WMS
Miramar, Florida, United States WMS is a provider of maritime cellular networks, supporting the cruise, ferry, yacht and shipping industries worldwide. WMS was founded in 2005 and is headquartered in Miramar, Florida. |
Sell | - |
