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AT&T wins court approval to buy Time Warner

Posted on 6/12/18 at 3:43 pm
Posted by The Egg
Houston, TX
Member since Dec 2004
79122 posts
Posted on 6/12/18 at 3:43 pm
so I'm guessing Comcast is gonna come after Fox?

LINK

quote:

- AT&T announced that it was buying Time Warner for $85.4 billion in October 2016.
- The Justice Department sued last year to block the merger, citing concerns that AT&T, owner of satellite television provider DirecTV, could charge rival distributors more for Time Warner content, resulting in higher prices for consumers.
- The outcome of the trial could have implications for future deals in the telecom and media industries, as well as vertical mergers, where companies combine with their suppliers.
Posted by Fewer Kilometers
Baton Rouge
Member since Dec 2007
36017 posts
Posted on 6/12/18 at 3:56 pm to
AT&T&T&W.
Posted by LoneMDG
Birmingham
Member since Nov 2009
2747 posts
Posted on 6/12/18 at 3:58 pm to
quote:

so I'm guessing Comcast is gonna come after Fox?

Bidding tomorrow, I believe
Posted by haikarate
Member since May 2011
1510 posts
Posted on 6/12/18 at 4:00 pm to
Is this good for FOX?
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 6/12/18 at 4:11 pm to
quote:

for $85.4 billion in October 2016.



Damn. Outbid me by $0.4 billion.
Posted by jlovel7
Louisiana
Member since Aug 2014
21305 posts
Posted on 6/12/18 at 4:14 pm to
quote:

Is this good for FOX?


It isn't great for Disney. God dammit I just want Xmen in the MCU.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27677 posts
Posted on 6/12/18 at 4:34 pm to
It will all be under AT&T

This is massive. This isn’t little time Warner cable. This is big time Warner. AT&T now will own Warner Brothers, HBO, cnn, DC Comics, among other things
Posted by Fewer Kilometers
Baton Rouge
Member since Dec 2007
36017 posts
Posted on 6/12/18 at 4:37 pm to
Time
Warner
American
Telephone &
Telegraph

TWATT
Posted by PowerTool
The dark side of the road
Member since Dec 2009
21103 posts
Posted on 6/12/18 at 5:41 pm to
This should be fun fuel for the Net Neutrality crusaders.
Posted by Jack Ruby
Member since Apr 2014
22727 posts
Posted on 6/12/18 at 6:06 pm to
For tbe life of me, I don't know how this doesn't violate the Sherman Act.

It's like if Exxon bought BP and Shell.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67027 posts
Posted on 6/12/18 at 6:21 pm to
Or like Halliburton buying Baker Hughes.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
46373 posts
Posted on 6/12/18 at 6:31 pm to
quote:

dammit I just want Xmen in the MCU.
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