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Discovery appoints Jeeyoug Lee to lead executive role in Asia 3 AUG 2021

Programmers

Discovery appoints Jeeyoug Lee to lead executive role in Asia

Under her new role, Lee will oversee the brand’s business operations in Korea, as well as Discovery in Japan. The recruitment follows the company’s effort to restructure its leadership team in the region ahead of its merger with Warner.
COMCAST AND VIACOMCBS CONSIDER POTENTIAL GLOBAL STREAMING PARTNERSHIP 20 JUL 2021

Deals

COMCAST AND VIACOMCBS CONSIDER POTENTIAL GLOBAL STREAMING PARTNERSHIP

The international deal-making move, consisting of mergers and acquisitions, including Roku, derived from AT&T’s Warner Media Divison’s recent merger with Discovery, as well as a spike in streaming success and demand across the globe.
THE AMAZON-MGM MERGER WILL BE INVESTIGATED IN THE UNITED STATES 12 JUL 2021

Deals

THE AMAZON-MGM MERGER WILL BE INVESTIGATED IN THE UNITED STATES

The in-depth investigation could last six months or longer. The US federal agency’s assessment initiation results from accusations of the global conglomerate engaging in industries where it does not have a strong position.
CNN SOLIDIFIES STREAMING PLANS AMID WARNER-DISCOVERY MERGER 3 JUN 2021

Streaming

CNN SOLIDIFIES STREAMING PLANS AMID WARNER-DISCOVERY MERGER

The network plans to produce original content for its new streaming platform, CNN+, a separate app offering fresh titles that differ from content offered on HBO Max and other outlets.
IT IS OFFICIAL: AMAZON BOUGHT MGM FOR US$8.45 BILLION 26 MAY 2021

Deals

IT IS OFFICIAL: AMAZON BOUGHT MGM FOR US$8.45 BILLION

Amazon and MGM announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of US$8.45 billion.