AT&T to buy Time Warner in media mega-deal – Oct. 22, 2016 – CNN Money

AT&T and Time Warner have agreed to an $85 billion deal — one of the biggest media tie-ups ever.The move, announced Saturday evening, will help AT&T expand beyond wireless and Internet service into programming. Time Warner is the parent of CNN, TNT, HBO, the Warner Bros. studio, and other channels and websites. AT&T to buy Time Warner in media mega-deal – Oct. 22, 2016

This move caught me off guard. Granted I wasn’t looking for it though. AT&T and TimeWarner are two of America’s largest distribution and media companies. I am not sure this is good for competition or for diversity in opinions. We will have to see how this shakes out or even gets approval by the federal government. AT&T recently bought DirecTV and TimeWarner was bought by AOL years ago and spun AOL off to independent operation. Again, wow, this is huge!

Author: Tony "T-Bird" Burgess

Hi there, my name is Tony Burgess from Chattanooga, Tennessee, USA. I am a believer, bleeding-heart, idealist and blogger. I'm married to Laura and Cody is our dog. Daily I work for a blood bank. My blog is where I chronicle and curate the sacred, serious and silly things in my life. Thank you for connecting with me. Grace, peace and love!

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