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Briefing
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- $85.4 billion acquisition – AT&T to acquire media giant Time Warner for $85.4 billion
- Massive content control – Will have control over content Time Warner produces including those from HBO, CNN and TBS
- New revenue streams – Include subscription revenues and advertising fees as well as earn from data on customers’ content consumption
- Anti-trust scrutiny – Sparked anti-trust concerns from US lawmakers as it can put competitors at disadvantage, including favoring its content, offering unlimited streaming of Time Warner content or overcharging competitors for access to content
- Consolidation trend – Acquisition could encourage other buyouts, adding more consolidation to the industry
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Accelerator
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Sector
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Media and Entertainment, Telecommunications
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Organization
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AT&T Inc., Time Warner Inc.
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Source
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Original Publication Date
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October 24, 2016
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