preview

At & T Inc. Essay

Good Essays
AT&T Inc. secured a $85.4 billion blockbuster deal to buy Time Warner Inc. and promised to reshape the media landscape. If this deal were to be approved, AT&T would combine its “millions of wireless and pay-television subscribers with Time Warner’s stable of TV networks and programming” (Gryta). This potential merger has drawn many comparisons to Comcast’s acquisition of NBC Universal in 2011. Despite the acquisition of NBC Universal successfully going through, “U.S. regulatory officials and rivals have expressed concerns that some government conditions regarding Comcast’s behavior, such as its requirement to not weigh in on strategic decisions at streaming service Hulu, were tough to monitor and enforce” (Gryta). Many rival executives and members of Congress share the same fear regarding the AT&T and Time Warner merger. There is the belief that this potential deal would put “too much concentration of power in the hands of too few” (Gryta).
Essentially, people are worried that if this deal were to go through, AT&T would gain significantly more control over the television market which could potentially result in fewer choices and higher prices. Furthermore, by acquiring Time Warner, AT&T would gain the ability to offer “more of Time Warner’s content for its existing customers and woo new ones by offering perks to access Time Warner’s hit shows” (Illmer). AT&T customers could possibly stream certain television content “without it eating into their data plans” (Illmer) and
Get Access