Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
AT&T is reportedly in discussion with Discovery Inc. for a possible merging of their media content assets. The proposed deal, if sealed, is predicted to create an entertainment company that can compete with the streaming giant Netflix and Walt Disney Company.
AT&T and Discovery merger details
AT&T has some of the most popular entertainment labels already including CNN, Warner Bros., HBO and HBO Max. It has a lot more assets under its WarnerMedia unit but it seems that the American telecommunication company wants to offload these media assets it acquired barely three years ago.
The New York Times reported that AT&T is already in advanced talks to build a new company that would combine all of its media business with Discovery Inc. An insider said that the plan is to consolidate all of its WarnerMedia assets and Discovery's into one major firm. The companies may soon announce the deal this week as soon as the fine details are completed.
It was added that if AT&T and Discovery agreed to sign a contract, they will be creating the largest media business in the U.S. since they have two of the major brands in the country. Under AT&T’s WarnerMedia division, it also has TNT and TBS while Discovery’s strong brand lineup includes Animal Planet, Oprah Winfrey’s OWN, TLC, Food Network and HGTV.
The biggest media deal this year
The AT&T and Discovery deal is a major strategy that will mark the telecom company’s transition to becoming a traditional TV business. But of course, it will still maintain its main carrier biz.
As per Bloomberg, the successful agreement between AT&T and Discovery will build a new entertainment firm that will be hard to compete with. But while the deal does not sound bad, it is somehow a failure on the telecom firm’s part as it spent $85 billion to acquire its media assets via Time Warner Inc. in 2018.
Meanwhile, AT&T and Discovery Inc. are still at the negotiating table for the precise structure of a deal, thus some details can still change, according to an insider. At this time, both parties are not commenting on the reported merger but it was noted that AT&T CEO, John Stankey, has already been cutting employees of its under
