Why Disney ended a content deal with HBO
The two entertainment giants’ inability to agree on the value of the content was the primary hurdle to reaching a deal despite several rounds of negotiations
Source: livemint.com
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AT&T Battled the DOJ to Buy Time-Warner, Only to Spin It Out Again Three Years Later
The deal marks a stark change in direction for AT&T after it spent a year fighting to buy Time Warner, since renamed WarnerMedia, to create a vertically integrated empire of both content and distribution. The company that fought so hard for brands such as CNN, HBO and Warner Bros. just a few years ago is now ready to let them go. The shift highlights how fast the media landscape has changed, as people switch away from pay TV and toward streaming video services in record numbers. The competition for those subscribers is fierce, underscored by the launch of Disney's fast-growing platform and Ne...
Source: nbcconnecticut.com