AT&T and Time Warner chiefs grilled on $85.4bn merger at Senate hearing
This article from the Guardian looks at another controversial merger of media conglomerates. This time it's between two American media giants; AT&T (International telecommunications conglomerate) and Time Warner (mass media conglomerate). The proposed acquisition could end up being around $billion plus.Most mergers within the media now are probable for survival so it is a good thing for the companies who want to stay around. It is not always a good thing for the audience because it significantly restricts their choice of media content including news stories.
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