A Blended Family in Media

AT&T is refocusing on 5G by divesting its media assets, including CNN and HBO, to Discovery. This move follows costly acquisitions of DIRECTV and Time Warner, which did not yield expected results. Discovery, led by David Zasloff, continues to grow its media presence. The merger raises questions about the future of streaming services like HBO Max and Discovery Plus. Meanwhile, Amazon is in talks to acquire MGM, signaling its entertainment ambitions. The M&A market is highly active, with potential moves from Comcast and Viacom.

What potential does HBO Max have according to the text?

What are the implications of Amazon's reported acquisition talks for the entertainment industry?