AT&T Completes $85 Billion Time Warner Acquisition (axios.com)
AT&T on Thursday evening said that it has completed its $85 billion purchase of Time Warner, just two days after a judge ruled that the deal, originally announced two years ago, could proceed over objections from U.S. antitrust regulators. From a report: The Department of Justice did not file for an emergency stay of the judge's ruling, per the judge's request, but still reserves the right to appeal. In a statement, Randall Stephenson, chairman and chief executive of AT&T said moving forward his company will bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers. "The content and creative talent at Warner Bros., HBO and Turner are first-rate. Combine all that with AT&T's strengths in direct-to-consumer distribution, and we offer customers a differentiated, high-quality, mobile-first entertainment experience," he said.
how long to get HBO 4K live on directv?
Or was I not paying attention? I sure wish they could fix OTHER important things as fast.
If the universe is someone's simulation -- does that mean the stars are just stuck pixels?
... Got the T-shirt:
https://slashdot.org/story/00/01/10/0816250/aol-and-time-warner-confirm-merger-plans
Also, these Slashdot pull quotes in the Washington Post are awesome:
- https://www.washingtonpost.com/archive/politics/2000/01/11/aol-to-acquire-time-warner-in-record-183-billion-merger/92bdb300-0f48-4dfd-ae7e-38d9aec6417a/?utm_term=.d94ff7b431e7
Hire a Linux system administrator, systems engineer,
And when does Reddit buy Slashdot?
I suspect that this will probably work out about as well as the AOL / Time Warner merger back around 2000. A lot of hullabaloo in the press and middle management from both sides sabotaging the supposed "synergistic experience" that the merger is designed to create over fear of becoming redundant as a result. You'll have executives who might know a fair bit about one field trying to make business decisions in another where they're no more knowledgeable than the average person off the street, and the results are all too predictable.
...Soon it adds up to some real money (Saying often attributed to US Senator, Everett Dirksen).
Does this mean I can watch The New Adventures of Robin Hood on my iPhone?
AT&T will just get bought out by Amazon and everything will be fine.
Please now that you have achieved global dominance now force DirecTV to fully support their own TiVo product. This Genie shit is shit. FFS you're still paying for them to air TiVo commercials that imply it's fully supported.
As promised, now that the AT&T/Time Warner deal was judge-approved, expect the Sprint/T-mobile deal to move forward. And for Fox to be bought by Disney or Comcast.
By the time we have flying cars, there'll just be 3 conglomerates that one can work for, Shadowrun-style.
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
So, this is why net-neutrality was repealed?
If corporations are people how can they merge?
Do they then become one person?
winning. I hear they at least tried to block it, but this is what you get with the best people. Well, that and 30-40 years of the judiciary being staffed by right wingers. Hell, Obama himself was pretty right wing in most respects. He'd be a Republican if Clinton hadn't shifted the Overton window so far to the right.
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What I like the most is the steep upward trend in Acquisitions costs.
I have a feeling that within last 20 years, acquisitions skyrocketed from dozens and hundreds of millions to dozens of billions.
So I believe that it is major indication of real cost of US dollar.
Now I get 1,000 channels I don't want for $109.95 instead of 500 I don't want for $99.95. WhattaBaghin!
Table-ized A.I.
Wasn't there a decision a couple decades ago that breaking up content creation and distribution was a *good* thing? Something about making the Hollywood studios sell off all their movie theaters.
in the US anyway.
Net neutrality gone. Check.
Pipe companies being TV megachannels. Check.
Only thing that's left is to squeeze the upstart internet content providers (Youtube, Netflix) out.
Where are we going and why are we in a handbasket?
With high-speed internet, who needs a cable box? Just stream everything.
Seems to me everybody is cutting the cable. I did so myself years ago. $150 a month *and* watch commercials? No thanks. Roku, Plex, and a digital antenna, and that's all I need.
How is Time-Warner a bargain at $85 billion when nobody wants to watch commercials, or pay for cable?
I had better be f-ing able to login to Adult Swim now that AT&T owns it.
Also, I think it's a bad idea to let service providers also be the content providers.
Not working yet. I'll give them a little more time before I complain.
This merger was being worked on for a couple of years (it was started in the Obama years back in 2016 - maybe even quietly 2015: these things take a while to negotiate) and the only thing stopping it was regulatory approval. And over the past year, AT&T was fighting the US Justice Department over the merger.
When they got approval from the George W. Bush appointed Federal Judge, it was just a matter of finalizing everything.
Actually as far as mergers goes, this was a long one.
*vomit*