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WarnerMedia Sales & Distribution (terdiri dari perusahaan analitik digital [[Xandr]] dan [[Otter Media]]); dan WarnerMedia Direct (terdiri dari layanan streaming [[HBO Max]]).
Meskipun melepaskan [[Time Inc]]. pada tahun 2014, perusahaan mempertahankan nama [[Time Warner]] hingga akuisisi [[AT&T]] pada tahun 2018, setelah itu menjadi WarnerMedia.Pada 22 Oktober 2016, AT&T mengumumkan tawaran untuk mengakuisisi Time Warner sebesar $85 miliar (termasuk asumsi utang Time Warner). Penggabungan yang diusulkan dikonfirmasi pada 12 Juni 2018,setelah AT&T memenangkan gugatan antimonopoli yang diajukan oleh Departemen Kehakiman AS pada tahun 2017 untuk mencoba memblokir akuisisi.Merger ditutup dua hari kemudian, dengan perusahaan menjadi anak perusahaan AT&T.Di bawah AT&T, perusahaan bergerak untuk meluncurkan layanan streaming yang dibuat berdasarkan konten perusahaan, yang dikenal sebagai [[HBO Max]]. Per September 2020, perusahaan sudah berganti nama menjadi WarnerMedia. Pada Mei 2021, hampir tiga tahun setelah akuisisi, AT&T mengumumkan bahwa mereka telah mengusulkan untuk memisahkan [[WarnerMedia]] dan menggabungkannya dengan [[Discovery, Inc]]. untuk membentuk perusahaan publik baru, Warner Bros. Discovery, di bawah CEO-nya [[David Zaslav]].
Despite [[Corporate spin-off|spinning off]] Time Inc. in 2014, the company retained the Time Warner name until AT&T's acquisition in 2018, after which it became WarnerMedia.<ref>{{cite news|last=Flint|first=Joe|date=March 11, 2014|title=Time Inc. spinoff probably won't mean name change for Time Warner|newspaper=Los Angeles Times|url=https://www.latimes.com/entertainment/envelope/la-xpm-2014-mar-11-la-et-ct-time-warner-name-20140311-story.html|access-date=April 6, 2018}}</ref> On October 22, 2016, AT&T announced an offer to acquire Time Warner for $85 billion (including assumed Time Warner debt).<ref name=":0">{{Cite news|url=https://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850|title=AT&T Is in Advanced Talks to Acquire Time Warner|last1=Hagey|first1=Keach|date=October 22, 2016|work=Wall Street Journal|access-date=March 18, 2019|last2=Sharma|first2=Amol|language=en-US|issn=0099-9660|last3=Cimilluca|first3=Dana|last4=Gryta|first4=Thomas}}</ref><ref>{{cite web |url=https://variety.com/2016/biz/news/att-time-warner-deal-1201897938/ |title=AT&T Sets $85.4 Billion Time Warner Deal, CEOs Talks 'Unique' Potential of Combination |last=Littleton |first=Cynthia |work=Variety |date=October 22, 2016 |access-date=October 23, 2016}}</ref> The proposed merger was confirmed on June 12, 2018,<ref>{{Cite news |url=https://money.cnn.com/2018/06/12/media/att-time-warner-ruling/index.html |title=Judge approves $85 billion AT&T-Time Warner deal |last=Gold |first=Hadas |work=CNNMoney |access-date=June 12, 2018}}</ref> after AT&T won an [[competition law|antitrust]] lawsuit that the [[United States Department of Justice|U.S. Justice Department]] filed in 2017 to attempt to block the acquisition.<ref>{{Cite news |url=https://www.nytimes.com/2017/11/20/business/dealbook/att-time-warner-merger.html |title=Justice Department Sues to Block AT&T-Time Warner Merger |last1=Kang |first1=Cecilia |date=November 20, 2017 |work=The New York Times |access-date=December 11, 2017 |last2=Merced |first2=Michael J. de la |language=en-US |issn=0362-4331}}</ref> The merger closed two days later, with the company becoming a subsidiary of AT&T.<ref>{{cite web |url=http://about.att.com/story/att_completes_acquisition_of_time_warner_inc.html |title=AT&T Completes Acquisition of Time Warner Inc. |work=AT&T |date=June 15, 2018 |access-date=June 15, 2018}}</ref> Under AT&T, the company moved to launch a [[List of streaming media services|streaming service]] built around the company's content, known as HBO Max. {{As of|2020|09}}, the company was already renamed to WarnerMedia. In May 2021, nearly three years after the acquisition, AT&T announced that it had proposed to [[Corporate spin-off|spin-off]] WarnerMedia and merge it with [[Discovery, Inc.]] to form a new publicly-traded company, '''[[Discovery, Inc.#Proposed merger with WarnerMedia|Warner Bros. Discovery]]''', under its CEO [[David Zaslav]].
== Sejarah ==
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