The AT&T-Time Warner merger is a go, with more consolidation to follow

3:40
 
Share
 

Manage episode 212472054 series 2395525
By KCRW. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Now that a judge gave AT&T and Time Warner the go ahead to get together, the war for Fox is on. Comcast immediately stepped in with a bid that was almost 20 percent higher than Disney's and in all cash. No matter which company ultimately buys Fox, there's going to be a clean out in the executive offices and a retraction in terms of the number of jobs within the traditional studio systems. Meanwhile, free-spending Time Warner could be in for a culture clash with the fiscally conservative AT&T.

442 episodes