AT&T's Time Warner takeover has already reshaped media world

 

February 27, 2019



NEW YORK (AP) — A federal appeals court on Tuesday upheld AT&T's $81 billion takeover of Time Warner, approving one of the biggest media deals on record in the face of opposition from the Trump administration.

The combination of one of the country's largest wireless carriers and TV providers with a major TV and movie company has already reshaped the media landscape.

A look back at the deal, the pushback from the government and its future implications:

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WHAT PROMPTED THE DEAL?

Traditional, live TV is shrinking in importance. Streaming video like Netflix has exploded in popularity. And AT&T,...



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