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The Justice Department has moved to appeal the $85 billion merger between AT&T and Time Warner. The deal, which has been nearly two years in the making, was approved by Judge Richard Leon one month ago.
The approval of the blockbuster merger between AT&T and Time Warner last week will affect the industry for decades to come. The merger joins AT&T's vast Internet distribution network with Time Warner's coveted premium content, like HBO, TNT, and CNN. Now that the $85 billion megamerger has officially come to a close, consumers may soon see changes to content offerings, Jason Leigh, a research analyst at IDC, told Business Insider.
HBO, Warner Bros. Studios, CNN, Bleacher Report, and a number of television networks will now be owned by AT&T. The company hopes it will now be able to compete with Amazon and Netflix.
A judge just approved AT&T and Time Warner’s merger — and it could be good news for a series of healthcare mega-mergers
The decision in the AT&T-Time Warner merger lawsuit could have implications for healthcare mega-mergers in the works, including CVS Health's merger with Aetna and Cigna's deal with Express Scripts.
A judge approved the $85 billion merger between AT&T and Time Warner — and it will affect the future of media M&A for decade...
In one of the most anticipated antitrust rulings in decades, federal judge Richard Leon approved the $85 billion merger between AT&T and Time Warner. The deal, nearly two years in the making, net a massive and potentially legacy-sealing win for AT&T chief executive Randall Stephenson.
Rudy Giuliani, President Donald Trump's lead defense attorney, on Saturday walked back his earlier admission to HuffPost that Trump intervened in the Time Warner-AT&T merger to try to kill the deal. Giuliani told CNN Saturday that Trump "didn't interfere" in the process.
Disney has some short-term challenges ahead, warns and RBC Capital Markets analyst.
HBO reportedly has over 5 million US subscribers outside traditional cable packages — more than double what it had a year ago
HBO has reached over 5 million online subscribers, according to Bloomberg. The cable provider has more than doubled its online subscriptions in the past year.
OPINION: Let's call this what it is: an attempt to curry favor with the Trump administration by handing employees a one-time check.
Disney is close to buying assets from 21st Century Fox, and it could mean Disney ends up owning 30%-40% of the US box office, and 60% of Hulu.