Verizon recently sold his media business rather incredible, which included AOL and Yahoo, a giant owner from the Las Vegas station station. Now, one of his greatest rivals of the telecommunications market does something similar with a slightly different turn. AT & T now belonged to talks to rotate enough media activities in a case that could see Harry Potter and Batman on the same big ship as the discovery channel and the food network.
After nearly two years of discussion with the regulators, AT & T was finally erased to acquire the gigantic Time Warner in 2018. Three years later, it is now switched to turn it for the combination with another big television and another television company, discovery. Both are currently fighting in a central world more and more streaming, despite both of the world’s most important franchises and properties.
Warnermedia is home to HBO, CNN, TNT, TBS and, of course, Warner Bros., the latter has so many shows and films under his name. On the other hand, discovery mainly has non-fiction programs and channels such as discovery, HGTV, the food network and the animal planet. If combined, the new empire would cover both sides of the cable TV and entertainment coin and could indeed become a threat to Netflix’s domination and the new Disney +.
The agreement should be made on Monday and, if it is true, would represent a complete face-to-face of the network operator who invest heavily in this media business and its own HBO Max streaming service in recent years. Behind the scenes, however, AT & T has accumulated heavy debts for the purchase of $ 81 billion in Time Warner.
Of course, the agreement could always fall and would be subject to regulators even more submitted to regulators than the initial acquisition of AT & T. The move is about an indirect admission of AT & T and discovery, which Both have streaming services, they have difficulty producing today’s cord cord production and giant diffusion. Whether their combined properties are sufficient or not to swing subscribers in their direction, however, it remains to be seen that the merger is even approv
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