Time Warner


Verizon linked with Disney takeover

Verizon may become the latest US telco to buy a major American content company, with a report linking it to a deal for The Walt Disney Company. The NY Post’s On the Money blog quoted sources in the banking and analyst communities suggesting a deal could be on the cards. The rumour was reported doing […]

Time Warner to produce shows for Snapchat

US media giant Time Warner will produce a series of original programmes for social media platform Snapchat under terms of a new deal. The Warner Bros. and Turner parent has committed to a global media partnership with Snap Inc. that spans everything from media spends to development and production of exclusive shows. The programmes will […]

AT&T CEO: Time Warner deal ‘moving as expected’

Time Warner’s proposed merger with AT&T is “moving along as expected”. The chairman and CEO of US telecoms giant AT&T, Randall Stephenson, told analysts on an investor call his firm was “working closely” with the US Department of Justice to ensure the deal went ahead, and that progress had been made. AT&T announced it had […]

Time Warner shareholders welcome AT&T deal

Time Warner’s shareholders have overwhelmingly approved US telco AT&T’s US$85.4 billion takeover of the company. The vote described the deal as a merger, with 78% of outstanding common stock share votes made in favour of the agreement, and of the overall shares 99% were cast in favour of the proposal. However, the key hurdle for […]

Time Warner shareholders welcome AT&T deal

Time Warner’s shareholders have overwhelmingly approved US telco AT&T’s US$85.4 billion takeover of the company. The vote described the deal as a merger, with 78% of outstanding common stock share votes made in favour of the agreement, and of the overall shares 99% were cast in favour of the proposal. However, the key hurdle for […]

HBO Now passes 2 million US subscribers

HBO has passed surpassed two million domestic subscribers for its over-the-top service HBO Now, parent company Time Warner revealed. Time Warner CEO Jeff Bewkes announced the figure during the company’s fourth quarter earnings call, saying he was pleased with HBO’s US over-the-top growth. “HBO is just as focused on reaching consumers abroad, with over-the-top lunches […]

Turner creates international digital division

Turner has tasked Aksel van der Wal with establishing a new division that will focus on international digital innovation. Van der Wal (pictured) is currently senior VP and CFO of Turner International, but has been promoted to executive VP, digital ventures and innovation, effective January 1, 2017. The division will house Turner’s direct-to-consumer products. Its […]

Bewkes: AT&T will ‘accelerate’ HBO Now growth

The international distribution of the HBO Now SVOD service will be “accelerated” by the sale of Time Warner to telecoms giant AT&T, according to Jeff Bewkes. Speaking on an investor call yesterday, Time Warner CEO Bewkes (pictured) said plans to spread HBO Now – originally a US service – into new territories were progressing, and […]

Vessel voyage to end after Verizon acquisition

Jason Kilar’s online video service Vessel will close on October 31 after US telecoms giant Verizon swooped to buy the technology and software that underpins it. Verizon will hire “most” of Vessel’s staff, including “some of the original founding team at Hulu” after buying the business for an undisclosed amount. Kilar (pictured) co-founded Vessel and […]

Netflix plots $1bn raise for content acquisitions

Netflix is looking to raise US$1 billion in order to fund further content acquisitions, investments and strategic transactions. Intriguingly, the announcement of a US$1 billion debt offering in senior notes was an adjustment on a plan to raise US$800 million revealed just hours before. Los Gatos-based SVOD giant Netflix said the funds would be used […]