WarnerMedia & Why This is Important

Reflections by Mitch Santell

There is a global battle in my view between the United States and the European Union in regards to Media and Copyrights. If you are like me and you are online a good part of the day, you will notice all of your favorite websites are now having you “approve” the updated terms and conditions.

If you want to know why this is happening, it’s all about the new EU rules. I wrote about it back in May of this year: https://afterhollywood.online/2018/05/27/will-gdpr-take-down-your-stream/

Now let’s fast forward to one of the largest media companies the world Warner Media.


warnermedia-warner-bros-turner


You are going to witness and a flood of mergers and acquisitions as a result of this one merger.

Employees at WarnerMedia, the newly re-christened entertainment enterprise formerly known as Time Warner, are eyeing their new corporate leaders with trepidation. They’re worried that AT&T, the telecommunications giant that snapped up the company in a blockbuster $85 billion transaction, will do a lot more than simply rename its new bauble.

Having lived through one megamerger — Time Warner’s disastrous 2000 marriage with AOL — and seen other entertainment companies, such as NBCUniversal and Scripps, get taken over by sprawling corporate owners, they’re understandably fearful of a future that undoubtedly will include layoffs and cultural overhauls. And AT&T is known for cutting costs.

John Stankey, the man tasked with bringing WarnerMedia’s various divisions under the AT&T umbrella, knows that he’s got a sales pitch to make.

Read more here: http://bit.ly/2tr8Tau

#ATTMerger

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