Netflix is about to get some new competition in the streaming wars from the same company that owns one of its biggest rivals, HBO.
AT&T Time Warner revealed today that the company is planning to build and launch a new video streaming service that will offer TV shows, films, libraries, documentaries and animation.
AT&T customers might start noticing that their monthly bills just got a little bit more expensive.
In a move to raise some more cash after spending $85.4 billion to buy Time Warner, AT&T has increased the price of its customer service fees. The increase itself is pretty small, but when applied to AT&T’s entire customer base, it could help the telecommunications carrier bring in an extra $800 million in revenue this year.
The U.S. Justice Department has filed an antitrust lawsuit to block a planned AT&T and Time Warner deal — marking the first time in several decades the government has tried to block a merger between two companies that don’t directly compete with each other.
The AT&T chief says the suit, “defies logic and is unprecedented,” but the Justice Department claims that AT&T’s $85.4 billion bid to buy Time Warner would mean higher fees and fewer choices for customers.
Apple CEO Tim Cook was spotted making his annual visit to the Sun Valley media retreat in Idaho today. Cook has been a regular attendee of the conference since he took the reigns of Apple in 2012.
AT&T isn’t the only company interested in acquiring HBO’s parent company Time Warner Inc.
Apple executives approached the company about a potential merger a few months ago, according to a new report that claims the iPhone-maker is keeping a close eye on Time Warner’s advanced acquisition talks with AT&T.
Apple considered buying out Time Warner late last year, according to a new report, claiming that Eddy Cue mooted the idea in a meeting with Olaf Olafsson, Time Warner’s head of corporate strategy.
Apple is reportedly watching the potential Time Warner sale very closely, with a possible deal in the making that would see Cupertino secure the entertainment company’s impressive assets to help build up its Apple TV service.
We’ve been waiting more than two years to get a decent upgrade for the AppleTV, but a new report suggests that Apple isn’t planning to launch the device this year, thanks to cable companies dragging their heals on deals.
The pending merger of Comcast and Time Warner have also been holding up the release, according to sources at The Information, who says Apple has told its engineers not to expect a launch until 2015.
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Apple’s in the process of doubling down on the Apple TV. Following a report that Apple was working on deals with cable networks that would allow for commercial-skipping comes word that Apple is looking to cooperate with TV content providers to bring their own channels to the Apple TV.
