Tag Archives: Time-Warner

Mega Merger: AT&T And Discovery Announce Deal

The Washington Post reports: AT&T announced Monday that it plans to combine its entertainment and media company with Discovery Inc. in a deal that would create a TV, film and streaming behemoth featuring more than a half dozen top cable networks plus Warner Bros. studio and other properties. If approved by federal regulators, the deal would create a top new …

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DOJ Loses Bid To Stop AT&T/Time Warner Merger

CNN reports: An appeals court has rejected the Justice Department’s bid to overturn a ruling that cleared the way for AT&T’s acquisition of Time Warner. At a hearing in December, D.C. Circuit Court of Appeals judges Judith W. Rogers, Robert L. Wilkins and David B. Sentelle grilled the Justice Department’s attorneys about their contention that the original decision by Judge …

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DOJ Appeals Merger Of AT&T And Time Warner

CNBC reports: The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday. Shares of AT&T slipped more than 1 percent in after-hours trading Thursday. AT&T General Counsel David McAtee said the company was surprised by the appeal. “The Court’s decision could hardly have been more thorough, fact-based, and well-reasoned. While the losing party …

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Merger Complete: Time Warner No Longer Exists

The Los Angeles Times reports: Time Warner Inc. is no more. Late Thursday, AT&T Inc. announced that it completed its $85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster purchase that instantly transforms the phone company into …

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Judge Approves Merger Of AT&T And Time Warner

The New York Times reports: A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to block the $85.4 billion deal, in a decision that is expected to unleash a wave of takeovers in corporate America. The merger would create a media and telecommunications powerhouse, reshaping the landscape of those industries. The …

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DOJ To Sue To Stop AT&T / Time Warner Deal

The Associated Press reports: Justice Department intends to sue AT&T to stop its $85 billion purchase of Time Warner, according to a person familiar with the matter who was not authorized to discuss the matter ahead of the suit’s official filing. That sets the stage for an epic legal battle with AT&T. The telecom giant’s CEO Randall Stephenson said earlier …

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Justice Department Orders Time Warner To Sell CNN In Order To Win Approval For Merger With AT&T

The New York Times reports: The Justice Department has called on AT&T and Time Warner to sell Turner Broadcasting, the group of cable channels that includes CNN, as a potential requirement for approving the companies’ pending $85.4 billion deal, people briefed on the matter said on Wednesday. The demands set up a potential battle over the fate of the long-in-the-works …

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REPORT: AT&T Considers Selling CNN After Time Warner Merger To Curry Favor With Trump Administration

Deadline reports: There are rumblings at the highest executive levels that AT&T’s top executives are considering divesting some Time Warner assets — including news organization CNN and celebrity gossip site TMZ — after they merge. AT&T expects the Justice Department to approve its $85 billion acquisition of Time Warner, and for the deal to close, by year end. The telco …

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REPORT: Trump Opposes Pending Time Warner Merger With AT&T If Jeff Zucker Remains Head Of CNN

The New York Times reports: White House advisers have discussed a potential point of leverage over their adversary, a senior administration official said: a pending merger between CNN’s parent company, Time Warner, and AT&T. Mr. Trump’s Justice Department will decide whether to approve the merger, and while analysts say there is little to stop the deal from moving forward, the …

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AT&T Closes Deal Buy Time Warner For $80B

The New York Times reports: AT&T has agreed to buy Time Warner for more than $80 billion, a person briefed on the matter said on Saturday, a move that would create a new colossus in the worlds of media and telecommunications. Putting together AT&T, a sprawling video and internet empire that encompasses cellphone and cable service along with DirecTV, and …

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GEORGIA: Time Warner, Netflix, CBS, NBC, AMC, Discovery, And Spielberg Join Pro-LGBT Coalition

An avalanche of major Hollywood production companies and networks are backing ABC/Disney in pressuring Georgia Gov. Nathan Deal to veto his state’s pending anti-LGBT bill. Deadline reports: In what is virtually now a unanimous and united stance against Georgia’s move to allow discrimination against the LGBT community, CBS, NBCUniversal, Discovery and Open Road Films have joined the effort to get …

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Charter To Buy Time Warner For $55B

Via Mashable: Time Warner Cable didn’t take long to recover from the breakup of its deal with Comcast. The second-largest cable TV provider in the U.S. is close to a deal to be acquired by Charter Communications for $55 billion in cash and stock, according to reports from Bloomberg and CNN Money. The deal also reportedly include the acquisition of …

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Comcast-TWC Merger Is Dead

CNN Money reports: Comcast is planning to walk away from its $45 billion merger with Time Warner Cable after pursuing it for more than a year. The decision comes amid intense, possibly insurmountable scrutiny of the deal by government regulators. It is an extraordinary turnabout for a cable giant not accustomed to losing. The deal would have reshaped American media …

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Tweet Of The Day – RCN

RCN is responding to people bitching at TWC on Twitter.

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Argh II: The Suckening

Eighteen hours into the TWC outage and according to their perkily apologetic Twitter feed, service will be restored to the Upper East Side sometime between Friday and five minutes ago. Meanwhile 150,000 UES residents are overloading the TWC phone system and swarming the coffee shops and McDonald’s that have other providers. At the moment I’m in a midtown Starbucks below …

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Comcast To Buy Time-Warner Cable

Comcast announced today that it will buy Time-Warner Cable in an $45B all-stock deal. Whoa. The friendly takeover comes as a surprise after months of public pursuit of Time Warner Cable by smaller rival Charter Communications Inc, and immediately raised questions as to whether it would pass the scrutiny of anti-trust regulators. Comcast will pay $158.82 per share, which is …

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Bill Donohue: Cancel Bill Maher

“The board of directors at Time Warner cannot distance themselves from Bill Maher any longer. On Friday night, Maher teed up Dan Savage, another anti-Catholic bigot. What happened was particularly vicious. Maher commented on gay couples who adopt children, alleging that a Hawaiian bishop said these kids had a greater chance of committing suicide. Here is how Savage responded: ‘That’s …

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Glenn Beck Vs Time Warner Cable

Via Glenn Beck’s The Blaze: Many Time Warner Cable customers are unhappy about the company’s recent decision to add the Qatar-owned Al Jazeera America to its channel line-up while maintaining there are no concrete plans to offer TheBlaze TV. Customers flocked to Time Warner Cable’s Facebook page to express their frustration, many of them threatening to cancel their service if …

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CBS & Time-Warner End Cable Feud

But not before everybody missed the US Open. Just in via press release: CBS Corporation and Time Warner Cable and Bright House Networks have reached an agreement for carriage of CBS owned stations on Time Warner Cable systems across the country, as well as Showtime Networks, CBS Sports Network and Smithsonian Channel, it was announced today by representatives for the …

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Time Warner – Thanks For Your Patience

The CBS blackout is in its third week.  If it continues into the start of the NFL season, people are really going to start losing their shit.

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