AT&T And Time Warner Acquisition
AT&T will build more strength by acquiring Time Warner. There would be more contents to deliver entertainment, and media to all corners of the networks of AT&T.
The company is preparing for the mobile video revolution. The company wants to lead media streams over mobile networks. Time Warner has one of the largest TV studios and films all over the world. Time Warner has a vast entertainment library.
History:
AT&T:
The company is an American telecommunications conglomerate. The company is located in Dallas, Texas. The company is the second largest mobile phone company and the largest residential telephone company in the United States. The company has the largest revenue in telecommunications.
Time Warner:
The company is centered on mass media. The company is made up of three major divisions. Turner Broadcasting System, Warner Bros, and Home Box Office (HBO). A collection of popular HBO medias are: The Sopranos, Sex and the City, Deadwood, Entourage, True Blood, Games of Thrones, Boardwalk Empire, Veep, and Westworld. The Turner Broadcasting System has networks such as HLN, CNN, Cartoon Network, TBS, Turner Classic Movies, and Turner Sports. Turner also manages websites like NBA.com, bleacherreport.com, PGA.com and NCAA.com. The Warner Bros. company has home entertainments productions worldwide, and distributes videos, animation, comic books, international cinemas and broadcasting. The company also distributes DVDs and Blu-ray items. The company also produces major films year to year.