Engineering, FCC, Radio, TVAT&T to Spin Off Its Interest in WarnerMedia in a $43B Transactionby KABFebruary 1, 2022 AT&T will spin off its interest in WarnerMedia to its shareholders at the closing of the previously announced merger between WarnerMedia and Discovery, Inc., giving AT&T shareholders 71% of the new Warner Bros. Discovery company Share this:TwitterFacebookInstagramLinkedIn Related PREVRFE/RL Marks Radio Azadi Anniversary NEXTSet-Top Box Market to Hit $20B by 2028 KAB