Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan

AT&T-Time Warner’s $85 billion merger changes everything

$85 billion

AT&T and Time Warner have been cleared to finalize their $85.4 billion merger, setting the stage for other massive media mega-deals across the industry.

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Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion

The deal will see HBO, CNN, Warner Bros. Studios, DirecTV, and several other brands fall under one roof. Combined, AT&T and Time Warner have a market cap at just under $290 billion dollars.

Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion
Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion

The failure of the Justice Department’s lawsuit against AT&T and Time Warner led to immediate stock gains for media brands like CBS, Viacom, Lionsgate, and Discovery, all currently exploring mergers.

Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion

The scramble for content will be wild. As Disney, Netflix, Apple, and Amazon battle for consumer dollars, smaller competitors in tech and entertainment are basically just trying to keep up.

Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion

Tech giants are racing toward $1 trillion market cap

Randall Stephenson, Jeffrey Bewkes, Gene Kimmelan
$85 billion

Next up: Disney vs. Comcast. Both companies will soon settle their fight for 21 Century Fox, with Comcast now offering $65 billion.

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