In reaction to 2017’s sobering and frequently shocking negative societal forces, many digital media companies will take things even further by infusing their offline efforts with social impact, an inspirational and motivational element that is already proven to be commercially smart. Read More
Category: Time Warner
Time-Warner’s Turner opts for AWS as its preferred cloud provider
All of the hyper-scale cloud providers love to tout their new customer acquisitions: Google talking about Spotify; Microsoft signing up various Adobe services for Azure; or AWS working with the likes of GE. That’s a sign of how competitive this market is, despite AWS’s continuing market share leadership. At its annual re:Invent conference in Las Vegas, Amazon’s cloud… Read More
A very special thank you to Donald Trump for this AT&T/Time Warner fiasco
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President Donald Trump has done something that no other president has done before—and many journalists have tried and failed to do.
He turned a boring media merger into the corporate version of a soap opera. He made it interesting.
On Monday, the U.S. Department of Justice announced that it will be filing a lawsuit to block AT&T’s $85 billion acquisition of Time Warner. It’s just the most recent in a bizarre series of developments around what is a massively important move in the media world.
Importance, however, doesn’t mean public interest. Apart from the initial announcement, these kinds of deals tend to be pretty boring. Stories about antitrust, for example, aren’t exactly on most people’s must-read list. But they should be, assuming you like to watch HBO, use a smartphone to do just about anything, see movies, or read the news. Read more…
More about Cnn, Donald Trump, At T, Time Warner, and Business
View More A very special thank you to Donald Trump for this AT&T/Time Warner fiascoThe DOJ sues to block AT&T’s Time Warner deal
On Monday, AT&T confirmed the U.S. Department of Justice’s decision to sue in order to block the company’s plans to purchase Time Warner for $85.4 billion. Earlier reports suggested that the DOJ would move against the deal if AT&T did not intend to sell CNN. CNN has a famously fraught relationship with the Trump administration which has gone out of its way to attack the… Read More
The DOJ sues to block AT&T’s Time Warner deal
On Monday, AT&T confirmed the U.S. Department of Justice’s decision to sue in order to block the company’s plans to purchase Time Warner for $85.4 billion. Earlier reports suggested that the DOJ would move against the deal if AT&T did not intend to sell CNN. CNN has a famously fraught relationship with the Trump administration which has gone out of its way to attack the… Read More
Donald Trump denies he’s using the AT&T-Time Warner merger to get revenge on CNN
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President Donald Trump was always against a merger between AT&T and Time Warner, and he’s always hated CNN. So the appearance that he was using his position to force Time Warner to ditch CNN to close the $85 billion deal made a strange, vindictive kind of sense.
Now, however, Trump is denying any attempts to exact revenge on his cable news nemesis.
Trump said he “didn’t make that decision. That was made by a man who is actually a very respected person, a very, very respected person,” Variety reported. Trump made the comments—likely about Justice Department antitrust chief Makan Delrahim—during his trip through Asia. Read more…
More about Cnn, At T, Time Warner, Trump, and Business
View More Donald Trump denies he’s using the AT&T-Time Warner merger to get revenge on CNNReport: U.S. will only approve AT&T-Time Warner deal if CNN is sold
The U.S. Department of Justice may block Time Warner’s sale to AT&T if it doesn’t sell CNN first, according to a report from the Financial Times. The $85.4 billion deal was proposed last year, just weeks before the U.S. presidential election.
After Donald Trump was elected, some wondered if his disdain for the cable news channel would somehow thwart the deal. The FT is now… Read More
CNN might have to be sold for the AT&T/Time Warner deal to go through
When AT&T agreed to buy Time Warner for $85 billion, the deal immediately encountered skepticism.
These kinds of mega mergers tend to face a lot of government scrutiny. Even if they’re approved, they usually come with strings attached.
On W…
The merger between AT&T and Time Warner is a raw deal for the rest of us
Any day now, the Department of Justice will announce whether the AT&T-Time Warner mega-merger will be permitted. And anyone with a cell phone, a cable subscription, or an internet connection has a huge stake in this decision. Read More