Another blockbuster deal in the media landscape means another battle with regulators after AT&T this weekend agreed to acquire Time Warner for $85.4 billion. The deal also will be a tough one to swallow for Read More
As content costs continue to increase, cutting into pay-TV margins industry wide, having a content producer like Time Warner in its portfolio – a la Comcast and NBCUniversal – could help reduce the cost of content significantly for AT&T and put in in the position of selling to rivals.
No, the world hasn’t ended, but hell apparently, has frozen over. ESPN is going over the top, direct to consumers, something the pundits said would never happen. Disney CEO Bob Iger, Tuesday talking about the Read More
Outerwall, which is parent to the Redbox movie rental service, is being acquired by Apollo Global Management for $1.6 billion, about $52 a share. Apollo plans to take the firm private. Redbox, which rents DVDs Read More
Verizon, the odds-on favorite to buy Yahoo, today finalized the deal, paying $4.83 billion for Yahoo’s Web assets and in the process expanding its digital advertising business. The all-cash deal gives Verizon real estate and Read More
European telecoms group Altice has wrapped up its $10B acquisition of Cablevision, which it now will merge with Suddenlink to create the fourth largest broadband provider in the United States. Altice paid $9.1 billion for Read More
It appears Verizon isn’t the only company that has Yahoo on it’s shortlist. CNBC is reporting that there have been multiple offers made to the troubled Internet portal for its core business, several above $5 Read More