Such a deal would reflect the fast consolidation of the Media Communications and internet industries. The acquisition of time war fleury would give at t control of a lot of popular content, including cnn, hbo and valuable cable channels. The speculation sent shares of time warner up more than 7 , and at t lower by about 3 . But the deal isnt done yet. And there are additional reports that even apple may be interested. Media Companies Think bigger is better these days. And a merger of at t with time warner might be the biggest of all. Adding at t with the market cap near 233 billion to time warner at about 68 billion, would create a media powerhouse. Bigger than comcast, the producer of this program, and bigger than disney, 21st century fox and cbs and viacom. Those last two are reported to be in merger talks, too. At t time warner would be the biggest media deal since comcast bought Nbc Universal in 2011. In this case, a it and t would get time warner from hbo, cnn, tnt, tbs, warner br
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