Again and again and again, all the way back to 2008.
Of being a Time Warner Cable subscriber, Seth Meyers said, “It’s not great, I don’t love it.” His comments came during an interview with BuzzFeed CEO Jonah Peretti as part of BuzzFeed Brews with CBS This Morning.
One day after withdrawing their offer to buy Time Warner, Rupert Murdoch and top deputy Chase Carey made clear they have moved on from the deal. In making those comments, which came as Fox reported fiscal fourth quarter 2014 earnings, the company puts the pressure squarely on Time Warner CEO Jeff Bewkes to perform.
Uniting the Warner Bros and 20th Century Fox production studios would give Rupert Murdoch control over the two largest film and television catalogs ever assembled, creating a highly lucrative annuity and allowing for unprecedented sway over how content is made and sold across distribution platforms.
Sixteen years ago, in 1998, AT&T’s then-Chief Executive C. Michael Armstrong spent close to $100 billion buying up cable companies to pursue an ambitious plan to bundle video, internet, and phone service. It did not go well. And now, with its DirecTV deal, AT&T is basically trying to do it again.
The telecommunications giant’s $67.1 billion for DirecTV indirectly makes the case for Comcast that it needs to merge with Time Warner Cable because competition is increasing.
The deal, announced Sunday night after roughly a month of negotiations, follows Comcast’s impending acquisition of Time Warner Cable for $45.2 billion. Both deals will face intense regulatory scrutiny.
AT&T’s interest in DirecTV is less about strategic fit and more about gaining access to the satellite operator’s massive cash flow.
CBS, Time Warner, Viacom, 21st Century Fox, Disney, Discovery, and other big media companies weren’t at Comcast’s Senate panel hearing Wednesday. The eternal forces of fear and greed.
Eminence Capital, one of the loudest voices in the battle to merge Men’s Wearhouse and Jos. A. Bank, stands to make millions on the deal.
The proposed $45 billion mega-merger between Comcast and Time Warner Cable put the spotlight squarely on Federal Communications Commission Chairman Tom Wheeler. The FCC and Department of Justice will conduct the merger review, looking at such factors as market concentration, pricing power, and broadband access, among other issues, to determine approval or rejection.
As the drama surrounding the suit store continues — from firing its founder to poor quarterly results to a takeover battle with Jos A. Bank — puns on “you’re going to like the way you look” got more action on Twitter than a rental tux during prom season.
The difference between getting acquired or being the acquirer is often little more than a matter of pride. “The barrier is over management’s needs not the owners or customers,” says Sonnenfeld.
Reports emerged today that Comcast was exploring a possible bid for Time Warner Cable. The possibility of a deal between the two companies has been a decade in the making. Here’s why.
Two of the advertising industry’s biggest companies, Omnicom and Publicis, announced a $35 billion deal over the weekend. The combination creates a behemoth with a combined $23 billion in revenue and vaults it above WPP as the world’s largest ad agency.
The Virginia-based pork company cut off ties with the disgraced Food Network host, and some of its customers are outraged. But it’s the second time the company has given her a slap in the face.
Bankers and lawyers negotiating deals often use code names to prevent press leaks. As the deal economy has grown, they have become an integral part of Wall Street M&A culture. Test your knowledge with our code name quiz.
Mergers lead to hate. Hate leads to anger. Anger gives way to hope. The Internet is torn between loathing of corporate takeover and wishing for a better future for the franchise.