A monsterovername in the United States. There, take telecomreus AT&T, the media company Time Warner for 78 billion euros. Time Warner is the owner of CNN, HBO and it has the rights to Harry Potter and the Loony Tunes.
That report different American media on the basis of well-informed sources. The deal is possible this weekend even officially announced. Should the deal proceed, it is by far the largest acquisition of a media company in years.
well Known brands
Time Warner is the company behind dozens of well-known television channels (CNN, HBO, Cartoon Network) and film companies (Warner Bros). Well-known movies such as Harry Potter, The Dark Knight, and the Looney Tunes movies to come out of their sleeve. Also owns Times Warner the rights of the American basketbalcompetitie NBA. The company posted this last year nearly 26 billion euros of revenue.
Big, bigger, biggest
When the acquisition is one of the largest media companies in the hands of the biggest telecommunications company in the world. AT&T reported last year a turnover of 134 billion euros. In comparison, KPN had the previous year, with 7 billion euros.
The telecomreus flirt more with the media industry. So bought it last year, DirecTV, an American satellite provider. It is not yet clear what exactly the consumer is going to change if the deal goes ahead. Moreover, it is the question of whether the deal is approved by U.s. policymakers: Washington is often reluctant to large acquisitions.
RTL News
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