AT&T Completes Acquisition of Time Warner

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AT&T this afternoon announced that it has completed its acquisition of Time Warner, just two days after a U.S. District Court Judge ruled that the merger could move forward.
"The content and creative talent at Warner Bros., HBO and Turner are first-rate. Combine all that with AT&T's strengths in direct-to-consumer distribution, and we offer customers a differentiated, high-quality, mobile-first entertainment experience," said Randall Stephenson, chairman and CEO of AT&T Inc. "We're going to bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers."
The news comes after the United States Justice Department said that it would not seek a stay to stop the merger from happening. The DoJ can, however, appeal the decision if it chooses to do so even after the completion of the merger.

In a statement earlier this week, the DoJ said it believes that the merger between the two companies will make the pay TV market "less competitive and less innovative."

AT&T's purchase of Time Warner had been on hold since November, when the Justice Department filed a lawsuit to put a stop to it based on the argument that it would lead to higher bills and fewer options for consumers.

AT&T's successful acquisition of Time Warner and the judge's ruling in favor of the two companies has already had an impact on the television market, with Comcast moving forward with a $65 billion all-cash offer for Fox's assets.

Article Link: AT&T Completes Acquisition of Time Warner
 

bibigon

macrumors member
Aug 29, 2011
79
76
So, with net neutrality now dead, is there any reason to believe AT&T won’t restrict Time Warner content to AT&T subscribers?
It would be hugely value destructive. They just paid $110B for the business. By restricting access to its content, they need to recoup all of that value loss in new subscribers.
 
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npmacuser5

macrumors 65816
Apr 10, 2015
1,242
1,280
If at the end of the day all the bad projections come true, we can survive. Just turn it all off. We spend so much of our resources on wants not needs, amazing. Turning off cable one of the best choices I have made. Not now supporting a whole bunch of garbage including over priced sports. How we manage, turn it off, simple.
 

2010mini

macrumors 601
Jun 19, 2013
4,232
3,948
So, with net neutrality now dead, is there any reason to believe AT&T won’t restrict Time Warner content to AT&T subscribers?
No. They would lose money that way. Money is made from content by licensing it various markets. Plus there are already agreements for rights to rebroadcast content that AT&T can’t break.
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If anything, I think that would just promote more pirating of content.
Oh please.... people who pirate are going to do so no matter what.
 

shareef777

Suspended
Jul 26, 2005
2,445
3,272
Chicago, IL
Are you talking about Usenets?
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Now, now, let's not be like that. ATT may throttle their customers access to FOX and let it rip for those seeking CNN. ATT got what they wanted so they can dump more US jobs and hire overseas AKA outsourcing.
Yep (via VPN and SSL connection)
 
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