AT&T and Discovery Inc. Reportedly in Talks to Merge Media Assets

The deal would combine outlets like HBO, HGTV, TNT and TLC

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Upfronts week just got a lot more intriguing: two of this week’s presenters are reportedly in merger talks.

AT&T and Discovery Inc are in discussions to combine their media assets in a deal that could be announced as soon as this week, Bloomberg reported Sunday.

According to the report, the companies are talking about combining the WarnerMedia division with Discovery’s portfolio, bringing HBO, TNT, TBS, CNN, Cartoon Network and HBO Max under the same umbrella as HGTV, TLC, ID, Food Network and Discovery+.

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