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Apple 'Not Interested' in Outbidding AT&T to Acquire Time Warner
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The number of people that don't know the difference between the TWC (the cable provider) and TW (the company that "owns" TV content) is mesmerizing...SMH...
"Goldman Sachs was "left on the sidelines" as an advisor in AT&T's bid, but it's still unclear why the firm would heavily encourage Apple to enter an acquisition offer of its own.
Sources were reported as saying that Goldman Sachs was "freaking out trying to convince Apple to come in." A connection between the banking firm and Apple lies in the latter company's 2009 hiring of Goldman Sachs banker Adrian Perica, who now heads up Apple's mergers and acquisitions practices".
How about the millions or more likely the tens of millions of dollars GS would have been paid by Apple for hiring them on this M&A activity.
Investment banks M&A divisions are dastardly pushing deals which don't work for consumers or the public in general but the banks don't care because they get paid their huge fees regardless of whether the deal works in the long term or fails.
Sources were reported as saying that Goldman Sachs was "freaking out trying to convince Apple to come in." A connection between the banking firm and Apple lies in the latter company's 2009 hiring of Goldman Sachs banker Adrian Perica, who now heads up Apple's mergers and acquisitions practices".
How about the millions or more likely the tens of millions of dollars GS would have been paid by Apple for hiring them on this M&A activity.
Investment banks M&A divisions are dastardly pushing deals which don't work for consumers or the public in general but the banks don't care because they get paid their huge fees regardless of whether the deal works in the long term or fails.
Considering all the shenanigans Time Warner execs did to destroy AOL, I'm not sure why anyone would want to buy that company. Those execs know how to play guerilla war.
Yeap...and just like the Comcast deal - this one will get done as well
Acquiring Time Warner would dilute and wreck Apple. Why would Apple want to merge with that mess? I doubt they want to be a mediocre ISP or an average news agency. On the other hand, the TV content, yes.
But for TV content, Netflix seems like a much better company to acquire. It suits Apple's business model, corporate environment, and existing products. It has a world wide presence, like Apple.
The problem is that Netflix has become extremely expensive.
But for TV content, Netflix seems like a much better company to acquire. It suits Apple's business model, corporate environment, and existing products. It has a world wide presence, like Apple.
The problem is that Netflix has become extremely expensive.
Apple just buy AT&T and be done with it. Break it all down and re-emerge as your own mobile, internet and streaming cable service.
Good move NOT to bite on that crusty dried up old biscuit. The landscape is changing quickly and TW is a "yesterday" company who would only waste Apple's time and money.
Bottom line is you have content creators and content consumers. In between you have middle men; phone, cable, and classic entertainment conglomerates. It would be nice to eliminate middle men ala iTunes and have creators publishing directly thru Apple (still a "middle man" though).
And yes, UTube is still controlled/operated by a middle man....Google
So the middle man is shifting from old traditional ones to newer ones. Then the only question is which of the traditional middle men are worth buying?
Bottom line is you have content creators and content consumers. In between you have middle men; phone, cable, and classic entertainment conglomerates. It would be nice to eliminate middle men ala iTunes and have creators publishing directly thru Apple (still a "middle man" though).
And yes, UTube is still controlled/operated by a middle man....Google
So the middle man is shifting from old traditional ones to newer ones. Then the only question is which of the traditional middle men are worth buying?
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They can't because AT&T isn't buying TWC (now Spectrum) they are buying Time Warner inc. totally different company
It's really staggering that the people commenting on a tech forum don't have a basic understanding of what they are commenting on. Seriously.
Because Apple has been unable to deliver this mythical tv service they want to offer, because they don't own the rights to any content? Neither do they have the talent to produce their own content. They could hire people one at a time and build a group in-house, and we can get crap like "Planet of the Apps", or they could buy a movie and television studio outright and have the people and facilities they need ready to go.
Just a horrible prediction here, what if they're waiting for these cable companies to buy each other up and then Apple just buys them as a whole? That'd be way easier than buying these companies that oversell themselves.
Everything is for sale, it's simply a matter of how much you are willing to pay for it.
This rumor was probably started by Time-Warner execs hoping to get a bidding war going for themselves. Or maybe they realize the chances of this buyout being approved by regulators are lessening with the current political climate, and trying to line up another buyer that will not attract the outrage of AT&T.
$85B, just think about how much money that is. That's ALOT of money even for Apple.
AT&T's entire business is TV/Internet, so it makes sense for them to buy Time Warner. It doesn't make sense for Apple at all considering the majority of Apple's profits comes from hardware.
$85 billion dollars is a serious amount of cash and I don't think that includes TW's debt, does it ? So the price could rise to well over $100b With the debt included. In a way I agree with apples stance on staying out of it but as time gets on and with apple holding all that cash it's only a matter of time before they have to cough up something of their own to offer in terms of a subscription based content provider. I pity the poor customers of the company who's potentially buying TW, because at some point you just know that's who's going to feel the pain of it in a monetary sense.
What is of value, ironic or not, for these media companies isn't their current stock of 'tripe', but their vaulted older content.
Yeah, that does mean that the new stuff basically sucks, but it's also just been seen (or not)...
Yet we bought "beats" for a measly $3 billion just to acquire record label rights while agreeing to prominently display Dre's products in retail locations.
$87 billion dollar difference, yet one of those two would serve a much greater long term investment while we're considering cutting "Apple Music" plans due to underperformance with conservative estimates. This would be a big push into the television market that has been a thorn in Jobs' and Cooks' sides for a long time.
Regardless of our involvements, the States is facing numerous "Ma Bell" situations; "Comcast" was denied their "TWC" merger while the "Charter" acquisition was quietly approved this year and AT&T will now own a large portion of programme content. One company providing communications to 75%+ of Stateside residents is pushing against "Net Neutrality" in order to determine what content is "approved" and for how much while another now controls a massive amount of produced content.
Something is not right.