You damn well should care about the AT&T and Time Warner deal (Mashable)


Cautionary news from Mashable on AT&T’s acquisition of Time Warner,

If you’re not a media wonk, it can be hard to really care about things like the $80 billion deal between AT&T and Time Warner. But you should. You definitely should.

Time Warner has a lot that TV, movies and sports people love. Enjoy Game of Thrones? TW owns HBO. Like the NBA? TW has that on TNT. Into DC Comics movies? TW owns Warner Bros. movies.

AT&T, on the other hand, mostly operates wireless, telephone and cable networks touching millions of Americans.

These two companies are already huge on their own. Together, AT&T and Time Warner would form one of the most powerful media companies in the world, making a serious impact on the overall market as well as what ends up being offered to consumers.

And there’s more at stake than two major U.S. companies. AT&T wants to buy Time Warner so that it can gear up for the brave new world that we’re all heading toward. Whether we’re (and most importantly whether the federal government is) OK with this deal will be an important decision in how that world is shaped.

Read the full article on Mashable.


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