Reuters: AT&T agrees to buy Time Warner (HBO, CNN, DC Comics) for $85 billion

[Andrew NDB]

Originally Posted by NinjaPug

It's official. The federal judge approved the merger today.

Well... since the higher-ups at WB are clueless, this can only really be a good thing.

[NinjaPug]

Originally Posted by Andrew NDB

Well... since the higher-ups at WB are clueless, this can only really be a good thing.

Eh. That would be the only positive of this but who knows if/when they make any changes.

I don't like this simply based on what could happen. Service providers don't need to be in charge of IP/content at this level. Now they can dictate who has access to certain content at whatever price they want.

[MikeandRaph87]

So is it a merger or AT&T now in charge of Time Warner?

[sdp]

Merger is a trick word, there's always one company that eats the other despite it and yes in this case AT&T would own Time Warner. Time Warner previously had a hostile take over by AOL, anyone remember how that went?

You don't want a service providers to be in control of the media as well, you're not looking at the big picture Andrew. Even so AT&T would likely let whoever is running things to run things as they don't have experience otherwise.