WSJ Reports AT&T May Be Eying a $40B DirecTV Acquisition
New submitter rcht148 (2872453) writes with this excerpt from The Verge:"If the idea of Comcast buying out Time Warner Cable to become the largest cable company in America wasn't enough to make you worry about media consolidation, news [Wednesday] from the Wall Street Journal just might. Reportedly, AT&T has approached DirecTV to begin 'possible acquisition' talks, a deal that the WSJ says could be worth over $40 billion. If it were to happen, it would give the combined company something on the order of 26 million TV subscribers, making it second only to the hypothetical Comcast/TWC combination of 30 million."
All the more reason net neutrality matters. A LOT.
Hmmm, do I want the disney internet, or the work internet, or the Time-Warner internet, or the HBO internet...
It will become mindless channels instead of the broad communication tool it is now
AT&T paid a fortune for John Malone's TCI, then sold it to Comcast.
Now they're going to him a fortune again for DirecTV?
Could this be the funding Malone needs for another run at Time Warner Cable?
Stay tuned!
Want internet? You can have either Comcast or AT&T. Choose one.
SJW's don't eliminate discrimination. They just expropriate it for themselves.
Is the word of the day. Until some kind of real regulation/legislation occurs high price and low service compared to the rest of the developed world will continue to be the mantra of the US Television and Internet market.
DirecTV and Uverse have better TV then comcast.
Comcast can't even show all there IN MARKET RSN HD feeds or other stuff like BTN ALTs in HD or Premier League Extra Time as real channels.
Comcast is liveing in the past with loads of older boxes they still have HD boxes out there don't even have HDMI out on them.
it would give the combined company something on the order of 26 million TV subscribers
Who cares about TV? Oh you think it matters because for many people that's their internet too... well let them bundle themselves to death. My main concern is internet. I will net ever buy a cable "TV" service. So if there isn't competitive options for Internet, meaning, besides cable, like I don't know, fiber... then that's a separate problem. See, if they keep hanging on to this dying TV thing, people are eventually going to force true competition on the internet services by fleeing...I did it 10 years ago, some others may take 10 or even 20 years more, but it is coming. Cable TV will be dead.
That idea is very worrying — because it is about two competitors merging. However, with both of them being very-very cozy with the governing party, the merger is all but decided, unfortunately.
That's a lot, but less than the other combo and, more importantly, TV is not primary line of business for AT&T...
That said, with Internet-speeds continuing to rise — net-neutrality or not — it will only become easier to deliver content over it. Netflix may have made a special deal with Verizon, but smaller IPTV providers (like KartinaTV used by my relatives to watch channels from the former USSR and Israel) are doing just fine without any special arrangements.
In Soviet Washington the swamp drains you.
Direct TV owns plenty of spectrum. That's probably what ATT wants and probably would preclude the FCC granting such an action.
Dear AT&T,
How about using some of that money to improve your current service?
Coder's Stone: The programming language quick ref for iPad
This is how the internet ends...
This is how the internet ends...
This is how the internet ends...
Not with a bang, but with a whimper.
Ha ha, that's funny. But seriously, AT&T has been selling DirectTV for years as part of the "triple play" option for the areas it doesn't have Uverse for whatever reason. I guess they got tired of selling so many DirectTV subscriptions.
#naabhaprzrag, #sverubfr-000, #agi-fcbafberq, negvpyr[pynff*=' negvpyr-ary-'] { qvfcynl: abar !vzcbegnag; }
If at&t buys DirecTV, it might be time to go to a different wireless provider. I refuse to have anything to do with the c r o o k s at DirecTV.
I have been planning to cancel my directv subscription for months. I have an antenna and use my Roku or AppleTV boxes for other content. If I cancel, I save $150 per month. While some here predict that a merger will kill the internet, I believe the internet has already won the content delivery wars, providers simply haven't received the message. How many network feeds like ESPN, HGTV or even Disney for $150 per month? Based on the cost of Netflix and Amazon Prime, I am guessing quite a few. Goodbye Directv, hello choice.
I don't want federal government to have control over anything, and I don't want corporations to have too much control either. AT&T is too big, and deals like this will just contribute to the "to big to fail" and "to big to jail". And it's the courts that have the responsibility to prevent that. If they fail, then they accept the repurcussions society descides to impose on them.
As a happy DirecTV subscriber for over 14 years who has a lifetime ban against AT&T (and really has no desire to work with multiple-time Worst Company in America holder Comcast), these actions will absolutely ensure that I become a cord-cutter.
Peter predicted that you would "deliberately forget" creation 2000 years ago...
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
I love DirecTV too much to let it be ruined by AT&T!!!!!!!!!!
ooooooooooooooooooooo!
It's bad enough that TiVo is mostly gone -- even the plain-vanilla DVR that comes with DirecTV is decent and is WAY better than the shit that comes with U-Verse. My sister has U-verse and hates it. I tried it for a month when AT&T upgraded my internet connection (DSL to fiber-to-the-curb) and I also hated it. It so is ungodly bad in so many ways I can't even begin to list them all. On top of the horrible UI, my sister came back from a 2-week business trip to find that her DVR lost all of its shows. And that has happened to her a few times since then.
Dear Slashdot: next time you want to mess with the site, add a rich-text editor for comments.
Of the 6 people I know with U-Verse TV they all hate it. So ATT is taking another route for the consumer TV market.
Oligopolies almost always suck. They use the excuse of "economies of scale", but in practice the lack of incentives under an oligopoly is a much bigger drag than lack of economies of scale. The few players in the market tend to mutually settle on a uniform mediocre or low product and service level and each grow complacent because customers have to choose between Larry, Mo, or Curly: all 3 suck and switching from say Mo to Curly still leaves you with an idiot running the show. (I'm not talking about service, not entertainment level.)
Conservatives like to talk about government inefficiency due to lack of competition, but oligopolies are not far behind, but conservatives don't want to prevent oligopolies because that's "regulation". I find it hypocritical.
Table-ized A.I.
I wish this were a modern web site where we could paste reaction gifs like Michael Scott screaming calmly, "No! God no! No! God no! Nooooooooooo"
(-1: Post disagrees with my already-settled worldview) is not a valid mod option.
What kind of Utopia do you live in? Two choices!
Where I am from you can have either Bell or Rogers. Choose one. Both offer exact same packages.
I know there is a kang and kodos joke in here someplace...
https://www.google.ca/url?sa=t...
Break up AT&T, Comcast, Verizon, Time Warner, and the rest of these huge duopolies. Time to get speed and competition back in the U.S. Internet markets.