AT&T turned heads over the weekend when it announced plans to buy entertainment giant Time Warner for a whopping $85.4 billion in cash and stock. Experts say the deal may have a tough time passing muster with regulators. If a deal involving a large internet provider and a media giant sounds familiar, it’s because many …
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T-Mobile CEO John Legere is excited for AT&T’s takeover of Time Warner. No, really. “It’s clearly very exciting,” he said. “It’s a bold move.” What gets Legere going? The prospect of AT&T customers fleeing to T-Mobile with AT&T distracted by its $85.4 billion acquisition of Time Warner. “I’m looking forward to the donation of customers over the next year,” he …
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AT&T may have overshadowed T-Mobile’s earnings announcement, but the Un-carrier had the last laugh. T-Mobile was forced to reschedule its third-quarter earnings conference call on Monday after AT&T abruptly scheduled its own call to discuss its earnings results, which it released Saturday right after announcing an $85.4 billion deal to acquire Time Warner. But while AT&T promised a revolution in …
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Get ready to see “Game of Thrones” dominate your Facebook and Twitter feeds even more. AT&T’s potential megadeal with Time Warner means tapping into the television giant’s massive content library of hits for social media. That library includes “Game of Thrones,” CNN and professional sports like the MLB and NBA — all which already dominate the feeds across social media. …
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AT&T doesn’t want to be just a phone company. The telecommunications giant is plunking down $85.4 billion to buy Time Warner, which will give it HBO (and therefore Jon Snow and his little show), CNN and movie studio Warner Bros. As the wireless phone market matures and slows down, both AT&T and Verizon are looking at media companies for their …
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AT&T’s decision to buy Time Warner has folks on social media joking whether they’ll one day see a “Justice League”-“Game of Thrones” crossover. The communications giant has been making waves across Facebook and Twitter after signing a deal to buy the media conglomerate for a whopping $85.4 billion. Social media has also been chattering about the return of “The Walking …
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Count Verizon CEO Lowell McAdam among the fans of AT&T’s planned acquisition of Time Warner. “It makes very good sense for AT&T,” McAdam told the Intel Capital Global Summit, of AT&T’s offer for Time Warner is $85.4 billion. Big deals, McAdam told CNET, shake up the status quo and force companies to re-evaluate their positions. That doesn’t mean, however, that …
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AT&T has struck a deal to buy Time Warner in an acquisition valued at more than $80 billion, according to The Wall Street Journal, which cited unnamed people familiar with the plans. The two companies’ boards are meeting Saturday to approve the half-cash, half-stock deal, and an official announcement could come as early as Saturday evening, the Journal said. If …
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Who will win the “Game of Thrones“? It may just be AT&T. The massively popular show, the HBO channel it runs on and a host of other entertainment properties including CNN, Cartoon Network and movie studios Warner Bros. and New Line Cinema — all part of Time Warner — will join the telecommunications giant as part of a $85.4 billion …
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Maybe AT&T can offer a free HBO Now subscription to every wireless customer. That might help reverse the company’s flagging growth in its core wireless phone business, as illustrated in its third-quarter results (PDF). They were released shortly after AT&T confirmed it would purchase media company Time Warner for $85.4 billion. Perhaps Time Warner will put a spring in AT&T’s …
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