Here’s What AT&T Is Giving Investors in the WarnerMedia Spinoff⁠—and How It Will Work

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By Emily Bary, MarketWatch

Updated March 26, 2022 1:13 pm ET / Original March 26, 2022 1:08 pm ET

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AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own.

AT&T (ticker: T) is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. (DISCA), which executives have…

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