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AT&T in "advanced talks" to buy Time Warner, Inc.
Posted on 10/21/16 at 12:24 pm
Posted on 10/21/16 at 12:24 pm
quote:LINK
AT&T Inc. is in advanced talks to acquire Time Warner Inc., according to people familiar with the matter, a deal that would create a new hallmark in the rapidly converging realms of media, communications and the internet.
A deal, which could happen as early as this weekend, would unite AT&T’s portfolio of wireless, broadband and satellite TV services with Time Warner’s entertainment empire, which includes cable networks such as TNT, TBS, CNN, the coveted premium channel HBO, and the Warner Bros. film and TV studio.
The talks toward what likely would be a cash-and-stock deal have come together quickly, are fluid and still could fall through, according to people familiar with the matter. An agreement also could be delayed, they said.
Time Warner shares rose 9.6% to $90.94 in late-morning trading after The Wall Street Journal reported the advanced talks, white AT&T fell 2.6%.
5
Posted on 10/21/16 at 12:27 pm to LSURussian
quote:
AT&T
May be the worst company I deal with.
Posted on 10/21/16 at 4:59 pm to OnTheBrink
AT&T paying up everything again just like they did a couple of decades ago before the government stepped in and broke it up.
Posted on 10/21/16 at 8:49 pm to LSURussian
Posted on 10/22/16 at 6:48 am to LSURussian
No way this gets passed the FCC and Feds... Talk about creating a monopoly.
AT&T would own three major broadcast services (Uverse, Directv, Time Warner Cable)
AT&T would own three major broadcast services (Uverse, Directv, Time Warner Cable)
This post was edited on 10/22/16 at 6:51 am
Posted on 10/22/16 at 7:45 am to Lsut81
Time Warner Cable is being bought by Charter Cable. At&t is buying the network itself.
Posted on 10/22/16 at 10:47 am to GeauxTigers1983
Far, far from a done deal.
Barry hasn't been kind to these mega mergers, though a chance to control that much media may be too lucrative for him to pass up. This shouldn't be approved. I'm being somewhat sensational, but not too much.
I kind of doubt this passes the regulatory hurdles.
Barry hasn't been kind to these mega mergers, though a chance to control that much media may be too lucrative for him to pass up. This shouldn't be approved. I'm being somewhat sensational, but not too much.
I kind of doubt this passes the regulatory hurdles.
Posted on 10/22/16 at 1:05 pm to LSURussian
What would this mean for consumers? Could HBO and other Time Warner programming potentially be exclusive to DirecTV, Uverse, and Time Warner Cable?
Posted on 10/22/16 at 1:10 pm to Lsut81
Uverse no longer exists. TimeWarnerCable has been sold off in pieces based on various geographies and if any of it still remains it's not part of this content only deal.
Posted on 10/22/16 at 1:37 pm to LSURussian
Ma Bell is back bay-bee.
Posted on 10/22/16 at 2:58 pm to schexyoung
quote:
Uverse no longer exists
False
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