AT&T Agrees to Buy Time Warner for More Than $80 Billion [The Washington Post] “AT&T’s ambitious move to acquire Time Warner for more than $80 billion, which the Wall Street Journal first reported could be announced as soon as Saturday, would singlehandedly turn America’s second-largest wireless carrier into a content powerhouse and one of the most prominent TV, film and video-game producers in the world. AT&T and Time Warner did not immediately respond to requests for comment.” [more inside]
Twenty-First Century Fox Inc. is willing to pay more than $85 a share for Time Warner Inc., reports Bloomberg News, which deems it "a sign Rupert Murdoch is undeterred after being rebuffed in an initial offer... To appease antitrust regulators, the companies would sell CNN...since Fox already has Fox News." Murdoch's rationale: "A Fox-Time Warner deal should be allowed to go through given consolidation in the cable industry, including the proposed deal to combine Comcast and Time Warner Cable." [more inside]
There's no simple or singular means of explaining why publications thrive or die. Entertainment Weekly rose and declined with larger waves affecting the entertainment and publishing industries at large, but its story is more than just that of print media at the turn of the century. That might be the environment, but the larger narrative is that of widespread deregulation in terms of media ownership and the resultant flurry of mergers, acquisitions, and conglomerate masterplanning.The history of the business of EW.
New anti-piracy system will hit U.S. Internet users next week. And here's a primer on the Copyright Alerts System (CAS) or six strikes system, also from the Daily Dot.
Al Jazeera has purchased Al Gore's Current TV, giving them a much wider American audience. However, the deal suffered an immediate casualty when Time Warner Cable Inc., the nation's second-largest cable TV operator, announced it is dropping Current TV due to the deal. "Our agreement with Current has been terminated and we will no longer be carrying the service. We are removing the service as quickly as possible," the company said in a statement.
Eugene Mirman has unleashed his absurdist wrath upon an unsuspecting telecom (Time Warner Cable) for their lack of customer service, taking out a paid advertisement in the New York Press to do so. This is not the first time (referenced here previously, the mp3s can be found here) this high school commencement speaker has used his bizarre powers to fight the (strange but) good fight against a telecom.
How the AOL-Time Warner Merger Went So Wrong Interviews with the key players involved with the AOL-Time Warner merger about its euphoric rise and pitiful fall. [more inside]
In the town of Wilson, North Carolina, an ISP battle is underway that could have implications across the entire United States. When Greenlight began offering cheaper and faster internet service to the town's residents, Embarq and Time Warner couldn't compete. So they responded by sponsoring legislation that "would effectively either cripple or ban the service all together", and backing this up by phoning local residents to urge their support. The city of Wilson has responded: "[Embarq and Time Warner] don't want to level the playing field. They want to be the only team on the field." Time Warner defends the legislation, saying in part that, "Cities can cross-subsidize their service, using income from water or electric service fees to pay for the system. We can’t solict door to door. They can." (Via)
It seems that there is a large DDoS attack targeting Time Warner's DNS servers in Southern California. JeffTWC's latest statement. A solution for those affected? [more inside]
Welcome to Mosaic Communications Corporation! It was 1994, and the World Wide Web as we know it today was about to be born. [more inside]
We're only two weeks into the year, but net neutrality issues hit the ground running. The FCC already has three different inquiries open. (also) (previously) The 700 Mhz auction threatens to disrupt an already converging telecom industry. AT&T's post-merger commitment to net neutrality ends this year, and they plan to test the filtering waters, despite recently opposing the practice. And today, a leaked memo revealed that Time Warner will test tiered internet services soon. The Internet as we know it, and communications in general, might be headed for some major changes in 2008.
Until recently solely targeting luddites thru the medium of nubile women with Matrix-style code flittering over their tits, AOL UK has changed tack with a batshit orgy of self-Godwinisation for their latest television advertisement. [partially Adobe Flash video]
I just want to spread the immense joy of Winamp TV, which is a route to all kinds of Filipino servers playing all your favourite copyrighted television material commercial-free 24/7 but it's OK because I'm not linking to those servers directly no sir.
The MilkDrop visualisation now comes by default with Time Warner's Winamp, and is the greatest thing ever.
Time-Warner to Bob Pittman: "You is my bitch." (NYTimes) Merely another indicator, albeit an entertaining one, that the big media mergers (hello, Vivendi) are in big trouble.
Imagine you are moving between apartments. Check out this Verizon "How do I..." page. Over 40 questions are answered, but the 2nd most obvious question one might have is strangely absent. Then try to order a basic cable service from Time Warner Cable. Do you have other examples of corporate sites that are less than helpful when what you want is less than what they would like to sell - or when you want to cancel?
"By now, every investor recognizes that Time Warner made a very large mistake by merging with AOL in early 2001."
"By now, every investor recognizes that Time Warner made a very large mistake by merging with AOL in early 2001." A free-falling stock price, continued loss of customers to cable and telephone DSL and "a murky strategy for moving its customers to high-speed connections" has AOL Time Warner on the ropes. At least one analyst is suggesting a spinoff. Bigger is better? Not in this case.
How Time Warner screwed someone over and how they got away with it. An interesting story of a case from hell. In the course of a just a few weeks, inter-racial dating (and eventual marriage) at Time Warner ruin a good employee's career, but Time Warner gets away with it for several reasons. Written by the jury foreman.
Time Warner/AOL to charge more for cable bandwidth hogs. No idea exactly what the bandwidth limits will be, but, according to this article, a tiered pricing structure is in the works. Grrr...
AOL Time Warner Was A Mistake. The stock price is in the toilet (relatively speaking), and analysts are proclaiming the Biggest Merger Ever to be a thundering dud. Are huge mergers like this unsustainable?
AOL Time Warner's Marketing Wizardry : "With its Hollywood studio, Warner Bros., AOL leveraged its promotional and advertising might across its empire of Internet, cable TV, movie, music and magazine outlets to ensure that kids, parents, teens and everyone else knew that "Harry Potter and the Sorcerer's Stone" was debuting in theaters Nov. 16. In the days leading up to the film's release, tracking studies showed an extraordinary 100% awareness among moviegoers that "Harry Potter" was coming."
The cheesiest element of the Christmas season has returned, and now AOL/Time Warner gets into the Ch-ch-ch-chia! act
aol time warner center - one central park
welcome to five-star living. at the center of everything.
welcome to five-star living. at the center of everything.
Just call us Peoples' Telephone & Telegraph. [NYTimes, reg req] A federal appeals court claims that by restricting AT&T and AOLTW from expanding their cable service areas, First Amendment rights have been violated. Thus: these two companies will continue to be the only games in town.
Ted no longer 'owns' Braves Hey all of you who hate the Atlanta Braves: Here's at least one positive result of the AOL/Time Warner Merger.
Have you been getting those annoying ICQ ad banners like me? Well, it appears that AOL/TimeWarner has been testing out ads in the ICQ IM interface. The backlash has begun. Here's a site that'll tell you how to get rid of some of the banners. My friend's also gone ahead and taken the liberty to hack the ICQ dll that causes the ads to appear and has full instructions on how to remove the ads permanently from your ICQ. Hurry and grab those dll's before he gets slashdotted!
The (Net) King is Dead! Long live the King! Alas, Time Warner finds a way to repurpose it's dead Pathfinder into another of its new but also ailing properties. Didn't they learn the first time? Or is it more of a "Well, we have this highly visible domain...." Hmmmmm.
The FCC approves the AOL/Time-Warner merger. We're all doomed.
FTC unanimously approves AOL/Time Warner merger. With a couple of restraint-avoidance conditions. Wonder who's gonna enforce those... Aw, crap.
AOL's walled garden. Anyone who doesnt think that AOL will only link to AOL/Time Warner properties in the broadband future is fooling themselves.
We all knew eventually TimeWarner would exert some pressure on AOL for owning/running winamp.com as a portal to steal TimeWarner artists' work. Yesterday, winamp took down their search engine (here's the current result for all searches). Is this just the first step by TimeWarner? How long will winamp continue to last?
Age of the Customer : John Ellis articulates the current business climate of customer empowerment and highlights some companies (Coke and Time-Warner) who Just Don't Get It.
Although this story doesn't sound like much, the FTC coming down on Time Warner, the effects could be great. Time Warner has agreed to ban their minimum pricing on featured new CDs, admitting that for the last seven years, these compact discs have been artificially overpriced. Do you think making CDs cheaper for the first time in years had anything to do with all the attention mp3s have been getting from consumers?
Time Warner Pulls ABC Get used to this kind of thing, as mega corp. 1 takes on mega corp. 2 to control what you see.
Maybe I should learn VB or whatever's required to make a browser widget that blinks whenever I'm at a site owned by AOL/TimeWarner. There are tons of them, and I bet the thing would be blinking all the time, what with all the wholly owned subsidiaries of this and that. Of course, it would be built on an open architecture, so we could add Microsoft (where's their list?), and anyone else that needs watching.
Salon is running a great article about the AOL/TimeWarner merger that brings up plenty of issues we should all be concerned about. I can't remember the last time a company merger affected so many. This deal touches everyone, from what my grandparents watch on TV at night to what I'll be allowed to see on my RoadRunner cable modem. Just thinking of how they're going to control TV, movies, music, news, and the internet sends chills up and down my spine.