New York Times
On Oct 22, AT&T said it planned to acquire Time Warner for $85.4 billion — the biggest deal of the year. On Oct 21, British American Tobacco offered $47 billion for the portion of Reynolds American that it does not already own.
“Let’s be honest, prices aren’t going to go down because of this. I don’t think vertical integration lends itself to consumer benefits.”
-- Rich Greenfield, a media analyst at BTIG Research, on AT&T-Time Warner deal
Over three decades ago, such was AT&T’s monopoly over the nation’s communications networks that the government forcefully shattered its empire.
“Let’s be honest, prices aren’t going to go down because of this,” said Rich Greenfield, a media analyst at BTIG Research. “I don’t think vertical integration lends itself to consumer benefits.”
You sure have to hand it to the Russians. They understand the power of free-flowing information, how it can upend government and politics. It’s why they don’t let information flow too freely in their own country.
AT&T has bought one of the remaining crown jewels of the entertainment industry, agreeing to buy Time Warner, the home of HBO and CNN, for about $85.4 billion.
A cable and internet provider decides to buy an entertainment conglomerate.
Ecuador cut off Julian Assange’s access to the internet in his exile in the country’s London embassy, making clear that it feared being sucked into an effort to “interfere in electoral processes” in the United States by the activities of the WikiL
Documents released in the Hillary Clinton email investigation show intense disagreement in 2015 between the State Department and the FBI over whether some of Clinton’s emails should be considered classified, including a discussion of a possible “q
Nearly 2,000 FM stations across the country have received new licenses from the Federal Communications Commission over the last two years.