AT&T Mergers and Acquisitions Presentation Deck

Combination Significantly Enhances DTC Presence Across Key Criteria 7 Customer Satisfaction Better Engagement, Lifetime Value & Subscriber Growth Global Brand Recognition & Reach HBOmax Broad Content Genres, Passion Verticals & Deep Library Best in Class Technology & Consumer Experience discovery+ Tentpole Films & Series + Broadly Appealing Content DISCOvery + WARNERMEDIA Marketing Scale & Efficiency Discovery

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