Time Warner


Apple TV+ poised for production pact with HBO alum Richard Plepler

Former HBO CEO Richard Plepler, who left the US cabler in March, is close to agreeing an exclusive production deal with Apple TV+. The pact would see his New York City-based prodco, RLP & Co, create original content for the streamer, which launched at the start of the month. The deal is being led by […]

AT&T boss: Netflix is the Walmart of media

AT&T boss and chairman Randall Stephenson has compared Netflix to US retail brand Walmart and HBO to jeweller Tiffany & Co in a bid to distinguish the competing brands. The exec, speaking at the 27th annual Goldman Sachs Communacopia Conference in Dallas on Wednesday (12 September), likened the streaming giant to the US discount department […]

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 […]

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 […]

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 […]

Warner Bros. replaces DramaFever SVOD chief with Time Inc. exec

Warner Bros. is replacing DramaFever boss Seung Bak with Time Inc. senior VP of digital Patty Hirsch. The move hands Hirsch control of Warner Bros. Digital Labs (WBDL) as SVP and general manager, and oversight of Korean drama-focused SVOD service DramaFever. She’ll take over from current WBDL chief and DramaFever CEO and co-founder Bak after […]

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