WarnerMedia (owned by AT&T) and Discovery (NASDAQ: DISCA) have finalized the merger of their media assets into a new company, Warner Bros Discovery, Reuters reports. WarnerMedia and Discovery announced the deal to merge into a new company last May.

Warner Bros Discovery will begin trading on the NASDAQ stock exchange under the ticker WBD on April 11.

AT&T CEO John Stankey expects record amounts of investment in the growing areas of 5G and fiber optics once the deal is completed.

Warner Bros. Discovery portfolio includes Discovery Channel, Warner Bros. Entertainment, CNN, CNN, HBO, Cartoon Network, then streaming services Discovery+ and HBO Max and franchises such as “Batman” and “Harry Potter.”