A judge just approved the $85 billion merger between AT&T and Time Warner — and it will affect the future of media M&A for decades to come
Tuesday, 12 June 2018 () · *The $85 billion merger between AT&T and Time Warner was approved Tuesday.*
· *The DOJ lost its antitrust lawsuit to block the vertical merger.*
· *The case was closely followed by an industry in the midst of other M&A deals.*
In one of the most anticipated antitrust rulings in decades,...
This week a federal judge ruled that AT&T has the all clear to merge with Time-Warner, paving the way for a media-gobbling merger frenzy. The Department of Justice’s Antitrust Division didn't present adequate arguments against this gigantic media merger. U.S. District Judge Richard Leon gave his...
WASHINGTON - A US federal judge on Tuesday approved the $85 billion merger of wireless and broadband giant AT&T with media-entertainment conglomerate Time Warner... Bangkok Post - WorldAlso reported by •bizjournals •NPR •The Verge
Good morning! This is the tech news you need to know this Friday.
*1. AT&T has closed its $85 billion merger with Time Warner.* AT&T was sued by the Justice... Business Insider - TechnologyAlso reported by •bizjournals
Experts say a federal judge's ruling that gave the green light to an $85.4 billion merger between AT&T and Time Warner spells good news for CVS Health Corp. The... bizjournals - BusinessAlso reported by •Proactive Investors
(Reuters) - Comcast Corp offered $65 billion on Wednesday for Twenty-First Century Fox Inc media assets, emboldened by AT&T Inc prevailing over the Trump... Reuters - Front PageAlso reported by •Firstpost
Cloud-based media inventory yield management specialist Furious Corp.’s new president, Neil Schaffer, has helped execute business process reengineering to industries as varied as paper and optical.. Source: BeetTV - Affiliate -
The domestic performance of Marvel Studios’ Avengers: Infinity War has surpassed the worldwide total of Warner Bros.’ Infinity War’s still-growing domestic haul reached $660 million Saturday,.. Source: Wochit Entertainment -
Reuters reports that AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc. Chief Executive Randall Stephenson said as much on CNBC Friday. There is a.. Source: Wochit -
Netflix to the rescue! Lucifer is getting a second life. The Hollywood reporter shares that the streaming service is reviving the canceled Fox drama for a fourth season. The DC Entertainment series,.. Source: Wochit Entertainment -
Companies like Netflix, Amazon, and Google have to figure out how to compete with media companies that control distribution channels, which is particularly "troubling" without net neutrality, says.. Source: Cheddar Inc. -
According to a report by SFGate, Turner chairman and CEO John Martin will exit the company following the merger of Turner parent company Time Warner and AT&T. John Stankey, head of AT&T's new media.. Source: Wochit -
On Friday Reuters reported that AT&T is committed to spend as much as needed on the newly acquired Time Warner, with a plan to invest $21 billion to $22 billion in the combined company. Chief Executive.. Source: Wochit -