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Business

Scandal plagues CNN parent WarnerMedia ahead of Discovery deal

CNN WarnerMedia Discovery Jeff Zucker AT&T Jason Kilar Warner Bros.

Recent conflicts at CNN are causing uncertainty and anxiety ahead of the completion of the $43 billion deal to combine parent company WarnerMedia with Discovery.

Why it matters: The decision to spin-off WarnerMedia by AT&T was done primarily to pay down debt. Now, AT&T will be able to offload several messy business headaches as well.

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