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WOAH! AT&T bought Time Warner for $80 BILLION

jk_mi

100% chance it will be blocked by the Federal Government.

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Source: The Wall Street Journal

 

http://www.wsj.com/articles/at-t-reaches-deal-to-buy-time-warner-for-more-than-80-billion-1477157084

 

Quote

"Agreement for between $105-$110 a share could be officially announced as soon as Saturday evening"

 

Quote

" The pairing brings together AT&T’s millions of wireless and pay-television subscribers with Time Warner’s deep media lineup including networks such as CNN, TNT, the prized HBO channel and Warner Bros. film and TV studio."

 

What do you guys think? This is such a huge deal...

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I thought it was Charter?

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Time Warver? What please fix everything

ƆԀ S₱▓Ɇ▓cs: i7 6ʇɥפᴉƎ00K (4.4ghz), Asus DeLuxe X99A II, GT҉X҉1҉0҉8҉0 Zotac Amp ExTrꍟꎭe),Si6F4Gb D???????r PlatinUm, EVGA G2 Sǝʌǝᘉ5ᙣᙍᖇᓎᙎᗅᖶt, Phanteks Enthoo Primo, 3TB WD Black, 500gb 850 Evo, H100iGeeTeeX, Windows 10, K70 R̸̢̡̭͍͕̱̭̟̩̀̀̃́̃͒̈́̈́͑̑́̆͘͜ͅG̶̦̬͊́B̸͈̝̖͗̈́, G502, HyperX Cloud 2s, Asus MX34. פN∩SW∀S 960 EVO

Just keeping this here as a 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5 minutes ago, VagabondWraith said:

I thought it was Charter?

 

theres apparently 2 different time warner companies. this one is the media, film, tv, and entertainment company

Quote

Representatives of AT&T and Time Warner declined to comment when contacted by Ars. Time Warner Inc. is a separate entity from Time Warner Cable, which was spun off from its parent in 2009 and purchased by Charter this year.

Time Warner's main operating divisions are Home Box Office, Turner, and Warner Bros. Entertainment, with brands such as HBO, Cinemax, TBS, TNT, CNN, HLN, Cartoon Network, Adult Swim, and truTv. Time Warner also operates websites including PGA.com, NBA.com, NCAA.com, DCComics.com, DCNation.com, and TMZ.com, and has a 10 percent stake in Hulu.

 

http://arstechnica.com/information-technology/2016/10/att-considering-purchase-of-time-warner-inc-and-with-it-hbo/

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dang. these big companies. I wish they would just make things better though.

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How the hell is time Warner worth 80 freaking billion? 

That's $80,000,000,000.00

Holy fucking shit. 

 

Bayer paid less for Monsanto and that was a massive deal. 

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1 hour ago, DrM said:

 

theres apparently 2 different time warner companies. this one is the media, film, tv, and entertainment company

http://arstechnica.com/information-technology/2016/10/att-considering-purchase-of-time-warner-inc-and-with-it-hbo/

Originally they were the same company but TWC separated in 2009 from the parent company Time Warner Inc. News outlets really need to make the distinction much clearer.

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5 hours ago, FloRolf said:

How the hell is time Warner worth 80 freaking billion? 

That's $80,000,000,000.00

Holy fucking shit. 

 

Bayer paid less for Monsanto and that was a massive deal. 

If WhatsApp purchase taught us anything, it's that the price is not the real indicator of how much something is worth in reality, it's just how much someone is ready to pay for it. 

The ability to google properly is a skill of its own. 

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2 hours ago, OptimisticRealist said:

Source: The Wall Street Journal

 

http://www.wsj.com/articles/at-t-reaches-deal-to-buy-time-warner-for-more-than-80-billion-1477157084

 

 

 

What do you guys think? This is such a huge deal...

Its a huge deal, its anti competition. am I right in saying time warner is an ISP?? And so is AT and T?? 

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38 minutes ago, Bouzoo said:

If WhatsApp purchase taught us anything, it's that the price is not the real indicator of how much something is worth in reality, it's just how much someone is worth to pay for it. 

Yes it looks like, but that's really NOT how it should be.

Ouer financial system is just out of controll. How long does it take until they make 80 billion profit? 250 years?

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7 minutes ago, Stefan1024 said:

Yes it looks like, but that's really NOT how it should be.

Ouer financial system is just out of controll. How long does it take until they make 80 billion profit? 250 years?

sadly, not that long. Given how they completely shaft their customers.

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7 minutes ago, Stefan1024 said:

Yes it looks like, but that's really NOT how it should be.

Ouer financial system is just out of controll. How long does it take until they make 80 billion profit? 250 years?

Seems even with that sum it's worth it, so who knows. 

The ability to google properly is a skill of its own. 

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3 hours ago, VagabondWraith said:

I thought it was Charter?

Time Warner purchased Charter Communications and merged it with their services.

AT&T purchased the entirety of Time Warner, which includes its cable service, CNN, HBO, etc.

 

I'd assume this also affects Warner Bros. and all of its subsidiaries.

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That's a pretty huge deal. That's a lot of assets gained. I wonder what's gonna happen overall?

 

Spoiler

 

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57 minutes ago, zMeul said:

I don't give a fuck who bought who as long as they don't fuck with HBO

I'm guessing you like HBO?

 

 

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Just the fact that they can even afford to pay out that much money, goes to show how much they overcharge their customers and don't give a damn about upgrading their network. (Not to mention abusing government subsidies by getting paid and not actually doing the job/doing the bare minimum)

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