Television

AT&T, Discovery eye combining networks, studio and streaming services

AT&T Inc. is in talks to combine a big portfolio of media assets, including CNN, with Discovery Inc., according to people familiar with the matter, a deal that would mark a major strategy shift for the telecom giant as the traditional TV business faces prolonged pressure.

Netflix tanks as subscriber growth cools

Netflix's subscriber growth is showing signs of a slowdown as the streaming giant reported 4 million new subscribers in the first quarter of 2021, after projecting in January that it would pull in 6 million new customers.