Why Warner Bros. Discovery merger is the ‘most exciting story’ in streaming: Analyst

Why Warner Bros. Discovery merger is the ‘most exciting story’ in streaming: Analyst

All eyes are on AT&T’s (T) WarnerMedia spinoff with Discovery (DISCA).

“This is going to be the most exciting story in the sector for the next few years,” Jessica Reif, research analyst at Bank of America, confidently told Yahoo Finance.

The telecom giant revealed it will issue a special dividend to shareholders on April 5 when they can decide whether to own just AT&T, the soon-to-be Warner Bros. Discovery, or both.

AT&T’s WarnerMedia will represent 71% of Warner Bros. Discover, and its…


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