On Saturday, AT&T announced it was acquiring Time Warner today for $85.4 billion, giving the telecommunications conglomerate ownership over all of its subsidiaries, including film studio Warner Bros., game developer Warner Bros. Interactive. and networks like CNN and HBO.
The $85.4 billion acquisition marks the largest deal of the year, but the bigger question is what that means for AT&T and Time Warner subscribers. Similar questions about a merger of this size and what it meant for consumers popped up in 2011 when Comcast purchased a 51 percent stake in NBC Universal for $13.75 billion, and again in 2013 when Comcast purchased the remaining 49 percent for $16.7 billion from General Electric. Both Comcast Ventures and NBCUniversal are investors in Polygon’s parent company, Vox Media… READ MORE.