Brazilian National Telecommunications Agency (Anatel) approved Time Warner’s (WarnerMedia) acquisition by AT&T. The decision was made in a tight vote, with three in favour and two against the operation. The Audiovisual Content Law (SeAC Law) does not allow a same company to produce content and distribute it in Brazil. There, AT&T owns Sky and Time [...]
The analysis on Time Warner and AT&T merger by the Brazilian regulator Anatel was postponed last August 22nd, as requested by advisor Moises Moreira. The decision was made to make a deeper review and resume the merger process between the companies on September 5th. At that meeting, an additional 120-day extension may be requested for [...]
Brazilian National Telecommunications Agency (Anatel) and National Film Agency (Ancine) will have to decide in the second half of the year on the acquisition of Time Warner (today Warner Media) by AT&T. ‘If the decision is that AT & T can not own HBO, Turner (TNT and CNN) and Sky at the same time, one [...]
National Telecommunications Agency’s Competition Superintendence (Anatel) established a 180-day deadline for AT&T to sell its pay TV operations in Brazil for violating Conditional Access Law (Seac). Anatel’s Council will issue a final decision. The decision, which will not allow AT&T and Time Warner’s merger, was taken by Anatel’s department, that understood two years ago that [...]
AT&T’s WarnerMedia (formerly Time Warner) plans to launch a new direct-to-consumer (D2C) streaming service in the fourth quarter of 2019, the unit CEO John Stankey said in a statement. “We are committed to launching a compelling and competitive product”, the executive said. The new initiative will be anchored by HBO as a lead brand, and [...]
During a public hearing held this week in the Commission of Science and Technology, Communication and Information Technology of the Chamber of Deputies, executives of Abert and Abratel, entities representing main free-to-air channels, presented their arguments against AT&T- Time Warner merger. According to Abert, which represents Globo, SBT and Band, the acquisition is a “clear [...]
The American Cable Association (ACA), an entity that represents small and medium-sized operators, urged the appeals court to reverse the rulling that allowed the AT&T-Time Warner merger. In June, District Judge Richard Leon allowed AT&T to complete the acquisition. However, the U.S. Justice Department (DOJ) is appealing that decision. In an amicus brief to the [...]
The U.S. Justice Department announced on Thursday last week that it will appeal the AT&T-Time Warner merger approval. The deal was completed on June 14. In a statement, David McAtee, AT&T General Counsel said, “the Court’s decision could hardly have been more thorough, fact-based, and well-reasoned. While the losing party in litigation always has the [...]
Brazilian regulator Anatel gave 15 days to Sky Brasil (which belongs to AT&T) to comment on the effects in the country of the acquisition of Time Warner by AT&T. Sky had requested in January of this year a 180-day extension to present a response regarding the concentration process. Initially, the deadline was set at July [...]
AT&T has completed its acquisition of Time Warner. The announcement was made just two days after a federal judge approved the USD 85.4 billion deal. Following the acquisition, AT&T rebranded Time Warner as WarnerMedia. In this way, the telecommunications company complements its video, mobile and broadband portfolio with the entertainment offer of Warner Bros., HBO [...]
