Thursday, April 18, 2024

AT&T to buy Time Warner for $85.4 billion

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After no small amount of anticipation, its official: AT&T has announced that its acquiring Time Warner for the equivalent of $85.4 billion in cash and stock. The move gives one of the US largest telecoms control over some of the biggest names in movies and TV, including HBO, Turner and Warner Bros. That includes rights to broadcast MLB, NBA and NCAA March Madness games, wed add. If you ask AT&T, this is a perfect match that mates top-tier content with a ton of distri…
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