WarnerMedia, Discovery Merging in $43 Billion Deal

AT&T's Warner Media, including CNN, HBO, TNT, and TBS, is merging with Discovery in a $43 billion deal. The merger, pending regulatory approval, is expected to finalize in a year. This move highlights the challenges traditional broadcast media face as audiences shift to streaming services.

What challenges are broadcast media companies currently facing?

What trend is contributing to the struggles of broadcast media companies?