On June 12, a federal judge ruled in favor of AT&T’s $85 billion acquisition of Time Warner—a verdict that could have a huge impact on the industry and consumers. As a result of this merger, HBO, CNN, Warner Bros. and Time Warner’s other brands have changed hands. Time Warner’s TV shows and movies are joining forces with AT&T’s enormous distribution system, including its cell phone and satellite networks. This merger could bring new competition to Google and Facebook, which have captured about two-thirds of the online advertising market.
In this Flash Report, we review the potential industry implications of this merger and current perspectives from legal experts.