One Warner, or Another

There has been a lot of controversy lately over AT&T’s purchase proposal of Time Warner. A huge deal, set at a price of $85 billion dollars is being hashed out between the two companies. This raises a lot of concern, at first I was very confused at how AT&T, a telecommunications giant, could purchase a phone, internet, and cable provider so easily and not be in some kind of illegal, monopoly law infringement. It turns out that Time Warner is not Time Warner Cable, and that AT&T is actually purchasing a series of television networks and production studios. Time Warner is the parent company of HBO, CNN, TBS, TNT, and Warner Bros. film studio, all soon to be owned by AT&T. This raises a whole new set of concerns. AT&T is now in a very powerful position to create their own media delivery system that could be a virtual shake-up of the current system. With services like Netflix and Hulu already in place there is a proven market for the innovative and new. Who knows what could happen, they own common television broadcasting stations like TNT and TBS, a world-wide news giant in CNN, a half production and half streaming service in HBO (with movie connections), and an actual film studio in Warner Bros.

-Nick Luedeke

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3 Responses to One Warner, or Another

  1. mediaphiles says:

    This is really interesting news and I am glad to be hearing about it because I take a class right now about the history of broadcasting. In the class I have learned about how AT&T has been a major player in the media industry since the beginning of radio in the 1920s and television in the 1950s and also have learned about the rise of CBS as one of the first few networks for media on the radio and later on television. To see deals like this happening is just cool now that I have more knowledge on deals that happened between companies 50-100 years ago.

  2. mediaphiles says:

    ^ Above comment is Max Lissette

  3. mediaphiles says:

    Wow, yeah this is fascinating! It will be really interesting to see what happens with this! What other changes are to come? And also what other companies may follow suit? – Katie N

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