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Time Warner

AT&T Time Warner merger

Trump’s DoJ wants AT&T to sell CNN to secure Time Warner deal

November 8th, 2017

According to reports from the New York Times, Financial Times, and Recode, the Department of Justice is asking AT&T to sell Turner, the broadcast TV arm of Time Warner that owns CNN, TBS, and other channels, as a requirement for AT&T’s acquisition of Time Warner. Another option put on the table was the sale of DirecTV, AT&T’s satellite …

The FCC basically just approved AT&T and Time Warner’s giant merger

February 27th, 2017

AT&T wants to merge with Time Warner Inc, a move that would create a leviathan new corporation with unprecedented control over both the internet and the content that travels over it. Traditionally, multi-billion-dollar mergers that change the competitive landscape are subject to major scrutiny. In the past, that scrutiny has come from both the Department …

AT&T Acquires Time Warner

AT&T announces it will acquire Time Warner for $85 billion

October 22nd, 2016

Following numerous reports of an imminent deal, AT&T on Saturday night announced that it plans to acquire media giant Time Warner for $107.50 per share, or $85 billion. The deal, which represents a healthy premium over Time Warner’s $89.48 closing price on Friday, includes cash and stock and will be financed in part by a $40 billion loan. …

WSJ: AT&T will acquire Time Warner for more than $80 billion

October 22nd, 2016

Following rumors earlier this week of an imminent deal, The Wall Street Journal is now reporting the AT&T has reached an agreement to acquire Time Warner. AT&T will reportedly pay between $105 and $110 per share for Time Warner, making the deal worth more than $80 billion. Time Warner shares closed at $89.48 on Friday after …

Time Warner Sale

Apple might save us from an AT&T/Time Warner merger

October 21st, 2016

Yesterday, we heard rumors that AT&T is thinking about an acquisition of Time Warner, the cable company that owns HBO and CNN, among other channels. A WSJ report this morning upgraded the urgency, saying that a deal could happen as soon as this weekend. But according to other WSJ sources, Apple is also interested in Time Warner, and is …

Apple Time Warner Purchase

Apple’s efforts to buy Time Warner fell through

May 26th, 2016

Some question Apple’s future in all sorts of “doom” scenarios, but the iPhone maker is hardly doomed. Its cash pile alone could help it move in any number of new directions, and a new report proves exactly that. Apparently, Apple considered buying Time Warner as it looked to make a major push into the media business.

Movie Streaming Sites

Time Warner’s new Netflix rival isn’t a Netflix rival at all

April 26th, 2016

There’s a whole lot of money to be made in streaming content to computers and mobile devices, and big media companies have no intention of letting Netflix and Amazon dominate the market without a fight. Companies from HBO and Showtime to Hulu and Verizon have all launched subscription streaming services in an effort to chase …