BREAKING: Judge Rules AT&T Can Acquire Time Warner

North of Death

North of Death

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U.S. District Judge Richard Leon did not impose any conditions that would have prompted AT&T to scuttle the deal, further emboldening legacy Hollywood and telecommunications companies to pair up in an effort to fight deep-pocketed tech rivals such as Netflix, Amazon, Apple and Google.

Even before the decision, Comcast said it was prepared to bid for 21st Century Fox's assets, signaling a price war with Disney, which agreed to pay $52 billion for the studios that would help Disney offer Netflix alternatives.
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Approving the deal is expected to let loose a stampede of M&A activity in the media and entertainment space, starting with a titanic battle between Disney and Comcast for Fox assets.

Comcast stock declined nearly 4.6% in after-hours. Disney shares dropped nearly 1.5%. Fox shares rose 1%.

T-Mobile and Sprint are pursuing their own $26 billion merger that would create a larger No. 3 cell-phone carrier. The entire telecom industry is dealing with cooling revenues from traditional sources such as subscribers.

Recon Analytics analyst Roger Entner envisions Silicon Valley stalwarts like Google, Apple, and Facebook “that are currently putting a toe into (such activity), putting their whole foot into it.”
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I hope you democrat and republican stan boys start to get the bigger picture..America took an L today:snoop:
 
Berniewood Hogan

Berniewood Hogan

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Elim Garak said:
I haven't a clue of what you are talking about friend I'm just plain simple Garak.
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Two major content companies merged so it can bring content to the internet. That's what the judge based his decision on? The judge does realize that Time-Warner also has an ISP company? And merging two ISP companies would mean less competition and more opportunity for monopolies and price fixing? Is this judge a Republican? :snoop:

EDIT:

synistr said:
that was a different entity. Time Warner Cable/Brighthouse is now (Charter) Spectrum. Time Warner Inc owns the networks, like HBO, Turner, WB. Those two companies split years ago after Cable merged with AOL. What is now Spectrum will eventually be purchased by Verizon or someone of the sort.
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Oh. Well. I didn't know that. But still my post stands.
 
surv2syn

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For Da Bag said:
Two major content companies merged so it can bring content to the internet. That's what the judge based his decision on? The judge does realize that Time-Warner also has an ISP company? And merging two ISP companies would mean less competition and more opportunity for monopolies and price fixing? Is this judge a Republican? :snoop:

EDIT:



Oh. Well. I didn't know that. But still my post stands.
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yes, I know its confusing. Spectrum is the ISP and doesnt have anything to do with Time Warner anymore. There was also a 3rd entity, TW Telecom, which got purchased by CenturyLink last year. (TW, TWC, and TWT used to all be under the same umbrella) These are all chess moves. Charter Spectrum is horrible. (I just retired from there) Its going to be sold as soon as the 3 year wait period is up which would be last quarter of 2019. The name Time Warner will soon only be a memory.
 
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