WSJ Reports AT&T May Be Eying a $40B DirecTV Acquisition

Posted by timothy on Thursday May 1, 2014 @12:48AM from the you-are-my-eyeballs-my-only-eyeballs dept.

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."

3 of 73 comments (clear)

Min score:

Reason:

Sort:

net neutrality by arbiterxero · 2014-05-01 00:51 · Score: 5, Insightful

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
Pretty soon we'll all have exactly two choices by NotDrWho · 2014-05-01 00:58 · Score: 3, Insightful

Want internet? You can have either Comcast or AT&T. Choose one.

--
SJW's don't eliminate discrimination. They just expropriate it for themselves.
Dear AT&T by slapout · 2014-05-01 01:23 · Score: 3, Insightful

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