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Rupert Murdoch's Quest To Buy Time Warner: Not Done Yet
Presto Vivace (882157) writes It seems that Murdoch's desire to acquire Time Warner predates his acquisition of Fox, and continues in spite of Time Warner's recent refusal. The possible deal is important in and of itself, but it also affects the future leadership of Fox. From the article: "Murdoch's skill is not just hiring the right people; he has been able to maintain control over them. They have his support as long as they produce results. His executives are the hired help. There is never any threat to his control. When a Murdoch favourite begins to get more headlines than the chairman, the clock begins ticking for their departure. But with the Time Warner bid, that balance may change. Chase Carey has put together a deal that, because of Murdoch's history, is almost irresistible to him. But it's a deal only Carey can put together. If he succeeds, the $US160 billion company that will emerge will be an ungainly beast that will depend on Carey making the merger work. He's indispensable." Clearly we have not heard the last of this.
can maneuver another billionaire (Murdoch) to make the first Billionaire even more rich and powerful
but the money they both make comes from us -the 99.9%
I hope they have more fun with my money than I did....
When Elephants fight its the grass that gets hurt
-I'm just sayin'
It's that big.
Get free satoshi (Bitcoin) and Dogecoins
No matter how rich and obnoxious the fucker will eventually drop dead.
In the end, there is only one big corporation left, and it's hard to distinguish between it and the government. It's not far away now.
Feels good, right?
...that as we have seen from Cheney, the capability of the dark side of the force to sustain and prolong life is unrivaled. Perhaps by Sauron's ring, but I wouldn't rule out that fucker murdoch as having one of those, too.
Screw big-media mergers. We need more competition as the current oligopolies have some of the worse customer service records there are, and high prices compared to the rest of world, even in denser population areas where the "rural long wire" argument doesn't hold up.
Oligopolies & monopolies almost always result in crappy service/products/prices.
The "economies of scale" argument for defending them is weak. That claim was used to protect the Detroit Big 3, but the Medium 7 from Japan came along and kicked the Big 3 in the ass.
I'll take the downsides of (alleged) lack of "economies of scale" over the sloth of oligopolies.
I have only 2 realistic ISP choices in my area, and it's not rural by any stretch. It's a hefty suburb right next to a major city. And both suck. The pushy sales persons on the phone eventually admit their service sucks when presented with undeniable evidence, but will blatantly make the argument, "Okay, we suck, but we can get you crappy service at a better price than the other crappy guy". Even they know they suck; they just claim they suck for less $ (at least until the "special offer" period runs out).
It's like two satan's arguing, "Okay, yes, we are hot here and your ass will indeed get burned off. BUT, we have better elevator music to listen to while you fry."
Table-ized A.I.
So... When is this gonna happen?
As a current TWC hostage, I need to move my email before this happens. Since the US government is unconcerned about collateral damage when taking down a hosting site, I'd like it to be in Europe (Germany, France, Netherlands, for example). I need POP/SMTP access, and a routable domain (name not yet selected) for incoming mail. If there MUST be a web service, a simple static "C" program returning "Access to this site not authorized." in a few languages (and, maybe, a suitable response for robots) should suffice.
Any suggestions for hosting provider/registrar there?
there goes any hope of standalone HBO and what is next stuff from fox and fox sports moves to HBO / MAX to get more subs to them?
Have you been to Reddit or Hacker News lately? Dear Lord, the independent "reporting" linked to from those sites is some of the absolute worst around. While mainstream media is obviously biased in certain ways, at least their biases have an understandable basis in business, politics, and power. The bias we see from independent hipster "journalists" is of a much worse nature. They're obsessed with being politically correct, or advocating the pansy let's-not-offend-anyone-in-any-way-with-the-truth attitude we see from hipsters and Millenials when it comes to discussing issues of importance. Their "reporting" doesn't just have the bias inherent to real journalism, but rather it's rife with what might be best considered as outright amateurish propaganda. I don't want anyone at Reddit or HN trying to "report" on anything. At best, they make total fools of themselves. At worse, they produce crap that other hipsters/Millenials will stupidly buy into and accept as "fact".
Allowing the fox news owner to take over turner networks is unthinkable.
Mention any in the presence of Murdoch and his ilk will get you classified as a terrorist and likely SWAT'ed.
Well, either that or you could be driving your car and inexplicably jit a tree ay a very VERY high speed and wonder, "That is odd, where did that tree come from?"
http://www.sott.net/article/26...
Got Geometrodynamics? Awe, too hard to figure out? Too bad.
I hope that they merge. I hope that Fox pays a lot of money for Time Warner. I hope that Fox mismanages Time Warner, and the shareholders lose money, Rupert included.
There's still the Comcast deal pending, and email will change then, anyway, so I might as well explore the options.
Look, this is just business as usual. If the merger happens, everyone in upper management and the major players will get big lump sums. They'll fire a bunch of people and management will get lump sum bonuses for saving the new company money. Then in a few years, they'll start splitting off parts of the new company. Everyone will get big lump sums for completing those deals. Then those parts will merge into bigger companies. This happens constantly, and it's because the people who do it can get big lump sums. They don't care about the companies they're buying, and they don't care about the viability of the new company they're creating. Heck, just look at Time Warner itself and its history. Remember how it used to be AOL Time Warner?
Agreeed, antitrust regulators will demand it.
The question is, what media megacorporation will take it over? Probably not Comcast/NBC, which is also too big. So either Viacom or Disney, probably.