Another day, another conglomerate mega-merger: most recently this bucket as been filled by AT&T's acquisition offer to Time Warner for $85.4. They expect the deal to close by the end of 2017 -- if they can get through the gauntlet of the FTC and the obvious anti-trust concerns this marriage invokes.
Like Comcast's gobble of NBC Universal, and Verizon's devouring of both AOL and Yahoo, it's yet another sign of media consolidation underneath the banner of a gigantic telecom corporation. Into AT&T's new portfolio from the third largest media conglomerate (after Comcast and Disney) would theoretically go:
Warner Bros. film and TV
Bleacher Report & Turner Sports
10% of Hulu
New Line Cinema
...but not Time Inc., the magazine brand, which was spun off as a separate entity in 2014. Here's a sweet infographic that shows the Terminator-esque reconstitution of AT&T Corp in ...