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

*CyberCubed* · 10-21-2016, 06:06 PM

This has to deal with TV and DC, so I guess I'll post it here:

Quote:

AT&T Inc (T.N) has reached an agreement in principle to buy Time Warner Inc (TWX.N) for about $85 billion, sources said on Friday, paving the way for a blockbuster deal that would give the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets.

The deal, which has been agreed on most terms and could be announced as early as Sunday, would be one of the largest in recent years in the sector as telecommunications companies look to combine content and distribution to capture customers replacing traditional pay-TV packages with more streamlined offerings and online delivery.

AT&T will pay $110 per Time Warner share, or about $85 billion overall, sources told Reuters. That would make it the biggest deal in the world this year.

http://www.reuters.com/article/us-ti...-idUSKCN12L1Y0

*Raph's Girl* · 10-21-2016, 06:40 PM

I don't wanna welcome this new overlord.....

*TheSkeletonMan939* · 10-21-2016, 06:43 PM

I hope the CEO of AT&T is a Marvel fan.
Maybe he can spare us of all these sure-to-be-bad DC movies.

*CyberCubed* · 10-21-2016, 06:55 PM

Isn't this big news?

I remember people going crazy when Disney first announced they were buying Marvel and then Star Wars a couple years ago.

*TheSkeletonMan939* · 10-21-2016, 07:37 PM

Meh, no one cares about WB or DC.

*sdp* · 10-21-2016, 08:24 PM

Of course this is big news, it's a huge acquisition and bigger than Disney buying Marvel or Lucasfilm.

*CyberCubed* · 10-21-2016, 09:44 PM

Then why is nobody flipping out? I remember online fandoms when ballistic when they heard Disney was buying Marvel for the first time. Disney also buying Star Wars was quite a surprise too.

Why isn't everyone up in arms coming up with conspiracy theories and shouting from rooftops? Where are the bizarre overreactions and angry rants from fanboys? Where is the madness?

Either that or I'm not looking in the right places.

*TigerClaw* · 10-21-2016, 09:52 PM

Quote:

Originally Posted by CyberCubed

Then why is nobody flipping out? I remember online fandoms when ballistic when they heard Disney was buying Marvel for the first time. Disney also buying Star Wars was quite a surprise too.

Why isn't everyone up in arms coming up with conspiracy theories and shouting from rooftops? Where are the bizarre overreactions and angry rants from fanboys? Where is the madness?

Either that or I'm not looking in the right places.

Nobody flipped out when Comcast bought NBC Universal, I don't think anything is going to happen with the acquisition.

*sdp* · 10-21-2016, 10:19 PM

Quote:

Originally Posted by CyberCubed

Then why is nobody flipping out?

Because as much as nerds like to be armchair CEOs in discussions about they're favorite companies they don't actually care for these things. Disney buying Lucasfilm meant new movies and Marvel meant they were financially set for life etc. This deal means not much is going to change with DC and just like Comcast buying NBC Universal only certain people will be interested not online nerds.

*ZariusTwo* · 10-22-2016, 04:59 AM

Quote:

Originally Posted by TheSkeletonMan939

Meh, no one cares about WB or DC.

People have been raving about DC beating Marvel in the comics charts for months, so wrong

*plastroncafe* · 10-22-2016, 06:50 AM

Quote:

Originally Posted by CyberCubed

Then why is nobody flipping out? I remember online fandoms when ballistic when they heard Disney was buying Marvel for the first time. Disney also buying Star Wars was quite a surprise too.

Why isn't everyone up in arms coming up with conspiracy theories and shouting from rooftops? Where are the bizarre overreactions and angry rants from fanboys? Where is the madness?

Either that or I'm not looking in the right places.

Be the change you want to see in the world.

*oldmanwinters* · 10-22-2016, 07:42 AM

I love the irony that AT&T owns Time Warner, but Time Warner Cable is owned by their direct competitor Charter Communications.

I think Disney's purchases were more interesting from a news point of view because Disney specifically went after the Marvel, Star Wars, etc. brands rather than simply buying companies that owned various brands, as is the case with AT&T. DC comics and Warner Bros. have been small pieces of many huge buyout deals, including the infamous Time-Warner/AOL deal in 2000 that more-or-less sunk Ted Turner's empire.

*ZariusTwo* · 10-23-2016, 08:00 AM

Guess who wants to block this

http://www.bleedingcool.com/2016/10/...op-att-comics/

Cryomancer · 10-23-2016, 01:35 PM

Quote:

Originally Posted by oldmanwinters

I love the irony that AT&T owns Time Warner, but Time Warner Cable is owned by their direct competitor Charter Communications.

I think Disney's purchases were more interesting from a news point of view because Disney specifically went after the Marvel, Star Wars, etc. brands rather than simply buying companies that owned various brands, as is the case with AT&T. DC comics and Warner Bros. have been small pieces of many huge buyout deals, including the infamous Time-Warner/AOL deal in 2000 that more-or-less sunk Ted Turner's empire.

Yeah this is probably more "interesting" from the telecommunications angle in this case.

The Disney buyouts were more major from a fan angle because now Star Wars and Marvel can legally co-mingle and stuff like that.

*Spike Spiegel* · 10-23-2016, 02:08 PM

Quote:

Originally Posted by ZariusTwo

Guess who wants to block this

http://www.bleedingcool.com/2016/10/...op-att-comics/

Just imagine--officially licensed DC Comics emojis and ringtones.

I don't see how this would change the comics and their tie-in materials, though I could be very wrong.

*Andrew NDB* · 10-23-2016, 02:37 PM

I'm genuinely curious... is there any upside to this merger?

*ProactiveMan* · 10-24-2016, 01:43 AM

"Have to save Martha… money on high-speed wireless broadband..."

~~MontanaMax1982~~ · 11-02-2016, 10:51 AM

Quote:

Originally Posted by CyberCubed

Isn't this big news?

I remember people going crazy when Disney first announced they were buying Marvel and then Star Wars a couple years ago.

You mean Lucasfilm LTD studios. they own US distributation rights to Ghibli and also Muppets rights from Jim Henson Studios and also Pixar

*Redeemer* · 11-02-2016, 02:40 PM

Hopefully this deal is blocked. There is a upside and downside to big business, but as others have said there doesn't appear to be any upside to this deal.

*NinjaPug* · 06-12-2018, 03:03 PM

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

10-21-2016, 06:40 PM	#2
Raph's Girl Dierna Soul, Reporter Join Date: Mar 2005 Location: Jakku Posts: 10,831	I don't wanna welcome this new overlord..... __________________

10-21-2016, 08:24 PM	#6
sdp Megan Fox = April Join Date: Feb 2005 Location: Tokio, Italy Posts: 9,999	Of course this is big news, it's a huge acquisition and bigger than Disney buying Marvel or Lucasfilm. __________________ *Bye* *TMNT !!! I'm unaliving tonight* Click to join The Drome Discord server

10-22-2016, 07:42 AM	#12
oldmanwinters Overlord Join Date: Feb 2004 Location: Between yesterday and tomorrow! Posts: 14,939	I love the irony that AT&T owns Time Warner, but Time Warner Cable is owned by their direct competitor Charter Communications. I think Disney's purchases were more interesting from a news point of view because Disney specifically went after the Marvel, Star Wars, etc. brands rather than simply buying companies that owned various brands, as is the case with AT&T. DC comics and Warner Bros. have been small pieces of many huge buyout deals, including the infamous Time-Warner/AOL deal in 2000 that more-or-less sunk Ted Turner's empire. __________________ Experience the TMNT Fan Commentaries! Check out my TMNT fan comic, "Nothing to Fear"! View my sketch work! I'm selling some of my hard-to-find TMNT items!

10-23-2016, 08:00 AM	#13
ZariusTwo Overlord Join Date: Oct 2003 Location: Britain, DINO THUNDER...POWER UP! Posts: 20,900	Guess who wants to block this http://www.bleedingcool.com/2016/10/...op-att-comics/ __________________ TMNT Fan Script Discussion Thread "It Should Have Ended Here"...add your ideal ending to the Series Fauxnale wiki Add Your Story to the TMNT Fanfiction Wiki Spider-Man: The Rescue Spider-Man: The Galloping Cat Spider-Man: Scarlet Mirror Doctor Who: Child of the Daleks

10-23-2016, 02:37 PM	#16
Andrew NDB Weed Whacker Join Date: Apr 2007 Location: Auburn, WA Posts: 29,279	I'm genuinely curious... is there *any* upside to this merger? __________________ [ ODYSSEY \| ORIGIN \| THE IMAGE/VOL. 3 CONCLUSION \| THE SHELLSHOCKED PODCAST \| ON FACEBOOK ]

10-21-2016, 06:43 PM	#3
TheSkeletonMan939 A New Day, A New Headache Join Date: Mar 2011 Location: Over there Posts: 3,945	I hope the CEO of AT&T is a Marvel fan. Maybe he can spare us of all these sure-to-be-bad DC movies.

10-21-2016, 06:55 PM	#4
CyberCubed Overlord Join Date: Dec 2004 Posts: 41,057	Isn't this big news? I remember people going crazy when Disney first announced they were buying Marvel and then Star Wars a couple years ago.

10-21-2016, 07:37 PM	#5
TheSkeletonMan939 A New Day, A New Headache Join Date: Mar 2011 Location: Over there Posts: 3,945	Meh, no one cares about WB or DC.

10-21-2016, 09:44 PM	#7
CyberCubed Overlord Join Date: Dec 2004 Posts: 41,057	Then why is nobody flipping out? I remember online fandoms when ballistic when they heard Disney was buying Marvel for the first time. Disney also buying Star Wars was quite a surprise too. Why isn't everyone up in arms coming up with conspiracy theories and shouting from rooftops? Where are the bizarre overreactions and angry rants from fanboys? Where is the madness? Either that or I'm not looking in the right places.

10-24-2016, 01:43 AM	#17
ProactiveMan Spooky ghost Join Date: Aug 2013 Location: Western Australia Posts: 2,266	"Have to save Martha… money on high-speed wireless broadband..." __________________ ProactiveMan!

11-02-2016, 02:40 PM	#19
Redeemer Technodrome Technician Join Date: Sep 2009 Location: third earth Posts: 4,737	Hopefully this deal is blocked. There is a upside and downside to big business, but as others have said there doesn't appear to be any upside to this deal. __________________ GT:Reedeamer *THE TECHNODROME REDESIGN 2015* http://forums.thetechnodrome.com/showthread.php?t=51594

06-12-2018, 03:03 PM	#20
NinjaPug Foot Elite Join Date: Mar 2012 Posts: 4,389	It's official. The federal judge approved the merger today.