Hints and tips:
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
...Yet the US is now holding up the deal after years of negotiations, according to two senior TikTok employees....
...Stankey, a telecoms veteran, was the driving force behind AT&T’s acquisition of DirecTV, the satellite TV broadcaster, and Time Warner....
...He was, after all, a close lieutenant of Stephenson and had worked on AT&T’s acquisition of DirecTV and Time Warner....
...Meanwhile, AT&T, which has been cutting costs and exploring disposals after its $80bn takeover of Time Warner, is already one of the most indebted companies in the world with borrowings of almost $160bn....
...Through an $80bn takeover of Time Warner, the Texas-based phone company now controls HBO, the Warner Bros film studio, and a trove of TV channels....
...After AT&T’s purchase of Time Warner closed last year, Mr Plepler chafed against his new bosses, John Stankey and Randall Stephenson, who he viewed as too focused on data and out of touch with the entertainment...
...Rupert Murdoch sold his treasured television and film studios to Disney for $71bn while America’s biggest phone company paid $80bn to buy Time Warner’s Hollywood empire....
...Time Warner gave HBO autonomy as long as the company hit its profit numbers....
...its merger with Time Warner....
...Hot Hand funds are relatively concentrated, holding just 45 companies on average, it says....
...The headline is from the first paragraph of the judicial decision handed down Tuesday which, along with a surprising display of judicial exclamation markets, allows the AT&T-Time Warner mega merger to proceed...
...AT&T’s takeover of Time Warner, finally completed in June after two years of intense lobbying, means that the old “Ma Bell” telephone company now makes the popular Game of Thrones television series....
...It has argued that the combined business could endure lost revenue from holding back content more easily than Time Warner alone....
...With the sale of Time Warner to AT&T, Fox is the last international media company up for grabs....
...But the calculations could change if the AT&T-Time Warner deal falls apart. Rupert Murdoch bid $80bn for Time Warner three years ago and was rejected....
...Through First Pacific, its Hong Kong-listed investment holding company, the Salim Group controls PLDT, the largest telecom carrier in the Philippines, and Indofood Sukses Makmur, the largest instant noodle...
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...The company, which is 52 per cent-owned by Singapore government investment firm Temasek Holdings, is staking its claim in those businesses that it can leverage with the telecoms network it owns....
...AT&T’s $84.5bn bid for Time Warner, the owner of HBO and Warner Bros, is being reviewed by regulators and is expected to close at the end of the year, creating the world’s largest vertically integrated content...
...RatPac-Dune signed a multi-year co-financing arrangement with Warner Bros in 2013 for up to 75 movies, that have included: Gravity, The Lego Movie, American Sniper, Batman V Superman: Dawn Of Justice, Kong...
...Mr Stephenson has said that owning the content from HBO, Time Warner’s critically acclaimed premium network, and Warner Bros, Hollywood’s largest studio, would allow AT&T to move more quickly in getting...
...Warner deal AT&T agreed to buy Time Warner for $85.4bn in a deal to reinvent itself as an integrated telecoms, media and entertainment company, writes Anna Nicolaou....
...Between 2009 and 2014, Time Warner spun off Time Warner Cable, its underwhelming cable business, along with AOL and Time Inc’s magazines....
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