The resulting entity, which has yet to be named and is still awaiting regulatory approval, will be a competitor in the cable space and for streaming content giants like Netflix and Disney; WarnerMedia owns HBO, CNN, Cartoon Network, TBS, TNT, and the Warner Bros.

Who is HBO owned by?

AT&T owns CNN, HBO and Warner Bros, after acquiring many brands in a $108.7bn (£77.1bn) purchase of Time Warner in 2018. The deal also marks the entry of another player into a crowded market.

What companies does Warner Brothers own?

Pictures Group, which includes Warner Bros. Pictures, New Line Cinema, the Warner Animation Group, Castle Rock Entertainment, and DC Films. Among its other assets include the television production company Warner Bros. Television Studios; animation studios Warner Bros.