Tag: Time Warner

The U.S. Department of Justice (DOJ) is appealing a federal judge's approval of AT&T's Time Warner acquisition.

AT&T has renamed Time Warner as WarnerMedia after closing its acquisition of the media company.

Warner Bros., HBO and Turner are now officially part of AT&T following the telco giant's completion of its acquisition of Time Warner.

AT&T’s $85 billion deal to acquire Time Warner can proceed, a U.S. District Court judge ruled today, after the Department of Justice sued to block the transaction.

Revenues at Time Warner increased 3 percent to $8 billion in its first quarter, with growth at Turner and HBO partially offset by a decline at Warner Bros., while operating income slipped. 

Time Warner's 2017 revenues were up 7 percent to $31.3 billion, while Q4 revenues increased by 9 percent to $8.6 billion, powered by gains across all of its divisions.

The U.S. Department of Justice (DOJ) has filed a civil antitrust lawsuit to block AT&T's acquisition of Time Warner, maintaining that the $85 billion deal would limit competition, leading to higher prices for consumers.

Time Warner recorded a 6-percent increase in third-quarter revenues to $7.6 billion—reporting gains at Turner, HBO and Warner Bros.—delivering a net profit of $1.4 billion.

Time Warner saw its second-quarter revenues rise 5 percent to $7.3 billion, with increases across all operating divisions and a particularly strong bump from the box-office release of Wonder Woman.

Time Warner and Snap have entered into a global pact that includes the development of content for Snapchat and advertising campaigns from HBO, Turner and Warner Bros.