Time Warner

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Sources: AT&T Agrees to Buy Time Warner for $80B

The deal creates a 'behemoth' new media company

(Newser) - AT&T has agreed to buy Time Warner in a deal valued at more than $80 billion, the Wall Street Journal reported Saturday, quoting sources close to the deal. According to its sources, the wireless provider will pay between $105 and $110 per share. The acquisition of Time Warner—which... More »

AT&T Pondering Huge 'Land Grab' Media Merger

Sources say firm is in talks with Time Warner

(Newser) - A new communications behemoth may be emerging soon: Insiders tell Bloomberg that over the last few weeks, senior execs from AT&T and Time Warner have been discussing strategies including a possible merger. Reuters notes that telecom companies like AT&T have been making a "land grab" for media... More »

TV, Internet, Phone Prices Have Spiked in Last 5 Years

And service isn't getting any better

(Newser) - You probably don't need another reason to hate your cable provider, but here's one anyway: The average customer's bill in 2015 is nearly $42 higher than in 2010, NBC News reports. That's an increase of 35%, according to market research firm SNL Kagan, which says bundling... More »

Major ISPs Cheating Us on Internet Speeds We Pay For

Nation's largest ISPs slowing down networks affecting 75% of wireline households

(Newser) - Thanks to new FCC rules put out this year to ensure net neutrality and keep all online data equal, major Internet service providers (think Verizon, AT&T, Time Warner) aren't supposed to hold our Internet speeds hostage. But that's exactly what's happening, per a study by an... More »

Comcast: Time Warner Deal Is Off

Comcast CEO makes it official in interview

(Newser) - As rumored yesterday , Comcast today announced it's dropping its $45 billion bid for Time Warner Cable after heavy regulatory pushback. A merger of the No. 1 and No. 2 US cable companies would have put nearly 30% of TV subscribers and about 55% of broadband subscribers under one roof,... More »

Comcast, Time Warner Deal Is Off: Reports

Feds were opposed, though it's not official yet

(Newser) - Apparently, Comcast's meeting with the feds didn't go well yesterday. The company plans to scrap its deal to take over Time Warner and create a gargantuan cable company , reports Bloomberg . Neither company is saying anything publicly, but the New York Times and CNBC have confirmed the news with... More »

Cable Giants Try to Limit Cities' Internet Service

US Telecom targets Chattanooga, TN, and Wilson, NC

(Newser) - Municipalities, take note: A group representing cable giants like Time Warner and Comcast is pressing US officials to stop two cities from expanding high-speed Internet services, the Guardian reports. Those cities—Chattanooga, TN, and Wilson, NC—are already providing unusually fast 1GB-per-second service to residents. Chattanooga's broadband helped trigger... More »

Fox Drops Bid to Grab Time Warner

Rupert Murdoch is moving on

(Newser) - A deal that would have combined two of the world's biggest media companies is no more—21st Century Fox is abandoning its attempt to take over Time Warner . The about-face announced today comes three weeks after Time Warner revealed that it had rejected 21st Century Fox's unsolicited $76... More »

Jon Stewart Launches 'Kickstarter' to Buy CNN

Parody site promises perks for contributors who pony up

(Newser) - Time Warner kicked Rupert Murdoch’s $80 billion takeover bid to the curb last week, but the media giant is still trying to woo the cable telecommunications company by raising more money, reports Bloomberg . One wrench in that plan? Jon Stewart ... kinda. The host of The Daily Show last night... More »

Now on Fox's Shopping List: Time Warner

$80B offer rebuffed, but Murdoch unlikely to give up

(Newser) - Rupert Murdoch's 21st Century Fox made an $80 billion bid to buy Time Warner last month, sources tell the New York Times , and while Time Warner replied with what's described as a "terse letter" of rejection, the sources say Murdoch is locked in and unlikely to give... More »

America's Favorite Whipping Boys: Time Warner, Comcast

Now merging into one universally loathed entity

(Newser) - It turns out that that whole proposed Comcast-Time Warner merger would really just consolidate America's rage at crappy customer service under one behemoth roof: According to the American Customer Satisfaction Index, a survey of 70,000 of your fine countrymen, two industries ruled the gutters: television providers and Internet... More »

Netflix Seem Slower? You're Not Imagining Things

Site's bandwidth usage spurs disagreements with providers

(Newser) - If your Netflix account seems to be running slower than usual these days, that's because it very likely is slower. Traffic conflicts between the service and major broadband providers—especially Verizon FiOS—are resulting in a slowdown, Wall Street Journal reports. Netflix says its average primetime speeds for Verizon... More »

On What Planet Is the Comcast Merger OK?

Paul Krugman thinks we've gotten too complacent about monopolies

(Newser) - Paul Krugman has just two questions about Comcast's deal to buy Time Warner . "First, why would we even think about letting it go through?" he asks in the New York Times . "Second, when and why did we stop worrying about monopoly power?" The broadband industry is already... More »

Time Warner, CBS Are Daring Us to Cut the Cord

These days we have tons of cable alternatives, J. Max Robins points out

(Newser) - Time Warner might soon regret its feud with CBS. Despite howls from consumers and the FCC, "a cable operator already reviled for its skyrocketing rates can't cut a deal with an entertainment behemoth that just trumpeted its best financial quarter ever," writes J. Max Robins at the... More »

Sony, Viacom Cut Deal to Stream Cable TV Online

Comedy Central may be coming to your PlayStation

(Newser) - PlayStation users, rejoice: You may soon be watching MTV and The Daily Show via a new Internet stream. That's because Sony cut a surprise deal with Viacom to stream its cable channels over Internet-based pay TV by the end of the year, the Wall Street Journal reports—and those... More »

Time Warner Blacks Out CBS in 3 Major Cities

New York, Dallas, LA among those in the dark over fee dispute

(Newser) - Millions of people in cities including New York, Los Angeles, and Dallas are out of luck if they try to tune in to CBS, reports USA Today . Time Warner Cable began blacking out the network's signal for its subscribers as of 5pm Eastern in several markets because the two... More »

Time Warner Bribes Partners to Keep Shows Offline

Cable provider even threatens to drop programming in retaliation

(Newser) - Cable companies must be terrified of cord-cutters, because they're playing hardball to try to keep shows offline. Time Warner and other "pay-TV operators" are offering media companies higher payments if they'll keep their content off of web video services, and even threatening to drop networks that don'... More »

Face It, Cable: You're on the Way Out

Michael Wolff: Execs haven't wised up to industry's demise

(Newser) - Cable TV is "on the fast train to oblivion," but you won't hear that from its executives. The latest financial results from Time Warner and News Corp are upbeat, and Comcast has decided to snap up the rest of NBCUniversal ahead of schedule. But the disastrous future... More »

Time Warner May Sell Off People, Other Magazines

It would keep Time, Sports Illustrated

(Newser) - Time Warner is contemplating a big shakeup of the marquis magazines under its Time Inc. publishing division, reports Fortune and the New York Times . The media conglomerate is expected to sell People, InStyle, and Real Simple magazines to Meredith Corporation, which already publishes Better Homes and Gardens and Ladies Home ... More »

Feds Suspect Cable Firms of Stifling Online Videos

DoJ conducting antitrust probe, sources say

(Newser) - Federal authorities suspect cable companies worried about competition from online video have acted improperly to quash their emerging rivals, sources tell the Wall Street Journal . The Department of Justice has opened a wide-ranging investigation, and officials have spoken to online video providers and cable companies, including Time Warner and Comcast,... More »

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