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Thank you. From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, March 22nd.

You know how we always say the streaming wars just keep heating up? Well,

they're about to get slightly less competitive. That's after the announcement of a $43 billion

merger between Discovery and Warner Media, which is slated to close sometime in April. The new Warner

Brothers Media, could they have gotten a bit more creative with the title? I mean, come on.

Anyway, the new Warner Brothers Media will pull together names like HBO Max, DC Films, Discovery Plus, and HGTV under one gigantic umbrella.

And it'll roll out a new mega app. Discovery Chief David Zoslav will serve as president,

according to variety, while the current Warner Media CEO is expected to step down. After the merger

is complete next month, the new company will be shouldering a lot of debt. But Discovery's CFO

Gunner Weidenfels says, uh, that's all right for now. The immediate goal for Warner

Brothers Media, he said, is to harmonize the two technology platforms and do away with costly

...