You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

AT&T Agrees to Purchase Time Warner in $85 Billion Deal

HeadlineOct 24, 2016

In media news, AT&T has agreed to purchase Time Warner for $85 billion. If approved by federal antitrust regulators, the merger would give AT&T control over Warner Bros. film and television studios, along with CNN, TNT, HBO and many other brands. Critics warn of further limits to competition and higher prices for customers. The merger could also allow AT&T to give preferential treatment to streaming video from Time Warner’s companies, which would violate the principles of net neutrality. On the campaign trail, a spokesperson for Hillary Clinton said the proposed merger raises “questions and concerns.” Donald Trump’s campaign took a harder line, saying in a statement, “Donald Trump will break up the new media conglomerate oligopolies that have gained enormous control over our information.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top