Tag: Time Warner
NEW YORK (Reuters) – Rupert Murdoch telephoned AT&T Inc Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. According to one of the sources, the 86-year-old executive chairman of Twenty-First Century Fox Inc offered to buy CNN in both […]
NEW YORK/WASHINGTON (Reuters) – U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to […]
NEW YORK (Reuters) – Discovery Communications Inc and Time Warner Inc’s Turner are taking the unusual step of streaming full episodes of new shows online or on apps before they air on TV to attract younger viewers in the face of slipping ratings. Premium channels like CBS Corp’s Showtime have done this for years to […]
NEW YORK (Reuters) – AT&T Chief Executive Officer Randall Stephenson had an hour-long meeting in New York on Thursday with U.S. President-elect Donald Trump, who has opposed the company’s planned acquisition of Time Warner Inc. A spokeswoman for Trump confirmed the meeting after Stephenson was seen entering Trump Tower. A person briefed on the matter […]
WASHINGTON (Reuters) – AT&T Inc’s planned $85.4 billion acquisition of Time Warner Inc will increase innovation and bring “better-priced options” to consumers upset by high cable bills, AT&T Chief Executive Randall Stephenson told lawmakers on Wednesday. “We want consumers to pay for their content once and watch it any where any time,” he said at […]
AT&T obviously didn’t read the recent, depressing, report from Citi that says telcos are going to find it tougher to invest in a climate of increased regulation, competition and thinner margins. Or, like us, they read it and laughed. AT&T just announced that they are going to buy Time Warner for $85 billion, subject to the consideration […]
NEW YORK (Reuters) – When Time Warner Inc’s Jeff Bewkes welcomed AT&T Inc’s Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years. And it certainly started that way, with the two […]
NEW YORK (Reuters) – AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers. The biggest deal in the world this year will, if approved by […]
Comcast’s failed bid for Time Warner Cable didn’t just leave egg on the company’s face — it was also horrendously expensive. The cable giant’s latest earnings suggest that it chewed through a total of $336 million in “transaction-related costs” for the would-be merger, $99 million of which was spent in the last quarter alone. Read the full story at […]
(Reuters) – Comcast Corp plans to drop its $45 billion (29.88 billion pound) offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The cable operator could announce its decision on the merger as soon as Friday, Bloomberg said. […]
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