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WarnerMedia-Discovery: ‘Compelling’ Global Streaming Leader or Uncertain Gamble?
Todd Spangler NY Digital EditorIs it a pretty sure bet that the proposed WarnerMedia-Discovery combo will become a global streaming power — and successfully manage the transition from legacy media businesses? Or is the merger a risky play by two big companies that could go south?Wall Street analysts are divided on the prospects for the deal, which is expected to close in mid-2022. The proposed Warner Bros.