Few Big Media Companies and Their Many Faces | illusion of Choice

Dec 28, 2017 · 5 MIN READ
In 2016, AT&T Inc. announced it has reached a $85 billion deal to acquire Time Warner Inc. – that is now being sued by the Department of Justice. If the deal goes through, the telecom giant will gain control of a media empire including CNN, HBO, TBS, and TNT. The deal follows another major acquisition in 2014 when it acquired DirecTV for about $48.5 billion.