AT&T Unwinds Its Media Assets, Three Years After Big Bet

P.M. Edition for May 17. AT&T is spinning off media assets it acquired through its $81 billion acquisition of TimeWarner in 2018. The deal with Discovery would create a new company and complete AT&T's retreat from the media business. Telecommunications reporter Drew FitzGerald joins host Annmarie Fertoli to discuss the deal and what it means for the companies and consumers. Learn more about your ad choices. Visit megaphone.fm/adchoices