AT&T


AT&T acquires full stake in Otter Media

AT&T has acquired The Chernin Group’s controlling interest in Otter Media, the joint venture between the two companies. Otter Media, a subscription, advertising and content company, comprises of wholly-owned subsidiary Ellation, an online subscription video service provider, with offerings under the Crunchyroll and VRV brands, as well as a full-service digital media company, Fullscreen. Otter […]

DOJ slams judge’s approval of AT&T/Warner merger

The US District Court’s greenlighting of AT&T’s merger with Time Warner merger was only possible because of Judge Richard Leon’s “erroneously ignoring fundamental principles of economics and common sense”, according to the Department of Justice. Outlining the reasons for its appeal against the judge’s rejection of its case that the merger should not go through […]

Comcast drops bidding war with Disney

Comcast has dropped the bidding war with Disney to acquire assets from 21st Century Fox and will instead focus on the acquisition of Sky. “I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company,” Comcast chairman-CEO Brian Roberts said […]

TBI Weekly: Is it the end of HBO as we know it?

John Stankey’s bid to “alter and change” HBO’s direction got people talking this week. Is this the end of the boutique operation as we know it? While talking to staffers on the impact the network’s recent merger with AT&T would have, he said the outfit would have to get “bigger and broader”. Despite never uttering […]

US gov’t to appeal merger go-ahead for AT&T, Warner

The US Department of Justice (DOJ) is to appeal the court decision approving the merger of AT&T and Time Warner in a move that surprised the US telecom giant. “The Court’s decision could hardly have been more thorough, fact-based, and well-reasoned.  While the losing party in litigation always has the right to appeal if it […]

Reese Witherspoon to launch VOD channel with AT&T

Reese Witherspoon’s Hello Sunshine and AT&T will be debuting two new female-driven series on DirectTV, DirectTV Now and U-Verse with the launch of the Hello Sunshine VOD channel. The series will include Witherspoon’s first unscripted title Shine On with Reese, which premiers on July 17. It will also feature The Home Edit’s Master the Mess, […]

US broadcast M&A reaches $5.11bn for 2018

US broadcast station mergers and acquisitions (M&A) raised $5.11 billion in the second quarter of 2018 with over $5.01 billion attributed to TV station sales, according to S&P Global Market Intelligence. This is the largest quarterly deal volume since the second quarter of 2007, according to the research group. The news arrives as consolidation of […]

Turner CEO to depart amid AT&T merger

Turner CEO John Martin is to depart the company as AT&T completes its $85bn acquisition of Time Warner. The news was revealed by AT&T Entertainment boss John Stankey in a company memo to staff. He said: “You’ll note that we have changed how Turner is organised given that John Martin will no longer be with […]

US judge accepts AT&T Time Warner merger without conditions

A US Federal judge has ruled that AT&T’s US$85 billion acquistion of Time Warner is legal, without placing any conditions on the merger of the telecom and media giants. Shares in Time Warner jumped on the news. US District Court judge Richard Leon urged the US government not to seek a stay in implementing the […]

TBI Weekly: Comcast joins the M&A race

This week, Comcast kicked off a bidding war by formally offering £22bn for Sky and subsequently making it very difficult for Rupert Murdoch’s Fox to take full ownership of the TV group. The offer, which trumps Fox’s £19bn bid and has been well received by independent board members at Sky, is Comcast’s move to compete […]

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