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Tag: Merger


ljh images / Shutterstock.com

Most People Want to Ditch Cable TV, but Feel They Can’t

A survey of cable subscribers shows that a slim majority would like to cut the cord, and things are certainly trending that way, but most feel that just isn’t an option.

Posted on Jun 6, 2014 READ MORE



Mr. TinDC (CC-BY-ND)

Big Money Behind a Big Merger

There are plenty of reasons to worry about the proposal to combine Comcast, America’s largest cable and broadband company, with Time Warner Cable, the second-largest cable firm and third-largest broadband provider.

Posted on Jun 2, 2014 READ MORE


Sprint Chairman Says His Network Is ‘Horrible’

Mergers are all the rage these days, and in his bid to add a second U.S. carrier to his collection, Sprint Chairman Masayoshi Son isn’t pulling punches.

Posted on Mar 12, 2014 READ MORE



The Comcast-Time Warner Merger Threatens Democracy

Given the financial and political power of Comcast, and the Obama administration’s miserable record of protecting the public interest, the time to speak out and organize is now.

Posted on Feb 19, 2014 READ MORE


Should One Company Own This Much Internet?

This week on Truthdig Radio in association with KPFK: Michael Sam is out of the closet, headed to the NFL and he’s really good. Also, why the big cable merger should scare you, and Bill Blum on Washington’s death penalty moratorium.

Posted on Feb 13, 2014 READ MORE


A Gay Jackie Robinson? Not So Fast

This week on Truthdig Radio in association with KPFK: Michael Sam is out of the closet, headed to the NFL and he’s really good. Also, why the big cable merger should scare you, and Bill Blum on Washington’s death penalty moratorium.

Posted on Feb 13, 2014 READ MORE



(CC-BY)Simon Clancy

Justice Dept. Seeks to Block Airline Merger, Says ‘American People Deserve Better’

Worried that the impending merger of American Airlines and US Airways would kill domestic competition, the Justice Department is suing on antitrust grounds.

Posted on Aug 13, 2013 READ MORE



Flickr / NontrivialMatt

Justice Dept. Hangs Up on AT&T Deal for T-Mobile

The U.S. Justice Department sued Wednesday to prevent AT&T’s hoped-for merger with T-Mobile, a $39 billion deal that would create the largest telephone carrier in the country with almost 130 million subscribers. (more)

Posted on Aug 31, 2011 READ MORE



This Is Why People Hate Washington

Meredith Attwell Baker, one of two Republican FCC commissioners, voted in late January to approve the merger of Comcast and NBC. Less than four months later, she announced that she is leaving the FCC to become a lobbyist for the merged company. (more)

Posted on May 11, 2011 READ MORE



Happy Holidays

The placebo effect even if you know it’s a placebo, the conglomerate approval of the Comcast-NBC merger, and the introduction of Google Body. These discoveries and more after the jump.

Posted on Dec 24, 2010 READ MORE



Flickr / Cordey

More Airline Merger Madness

Another day, another big merger in the skies: On Monday, Southwest Airlines announced that it had scooped up rival AirTran Airways, the second such acquisition this month after United and Continental joined forces.

Posted on Sep 27, 2010 READ MORE


United plane
Flickr / Moto@Club4AG

Continental Unites With United

Shareholders of Continental and United Airlines have finally voted to form a more perfect United Airlines, merging the two companies under United’s name to create the world’s largest airline service, overtaking its closest U.S. rival—the newly merged Delta and Northwest Airlines—and European carriers.

Posted on Sep 17, 2010 READ MORE



Wikimedia Commons

Penthouse Offers to Buy Playboy

Is it media concentration if no one reads the articles? The owner of Penthouse magazine has offered to buy rival Playboy for $210 million in a move that would bring two of the largest men’s magazines under the same ownership umbrella.

Posted on Jul 16, 2010 READ MORE


United plane
Flickr / Moto@Club4AG

United and Continental to Combine Flying Forces

Two major commercial airlines—United and Continental—announced on Monday that they are merging to form the world’s biggest air carrier, which is to be called (drum roll) ... United Airlines. But in a super-creative twist, the newly rebranded fleet will ... (continued)

Posted on May 3, 2010 READ MORE



Flickr / LAXFlyer

Continental to Be United

Barring any last-minute mess-ups, a deal to merge air carriers Continental and United will likely be announced as early as Monday, a union that would create the world’s biggest airline.

Posted on May 1, 2010 READ MORE



Flickr / Edgar Zuniga

Comcast to Buy NBC

Cable giant Comcast, feeling the pressure from an expanded field of video and Internet access competitors, has decided to go ahead and buy NBC-Universal. The deal, which is all but done, makes Comcast one of the biggest media conglomerates (on par with Disney), and the proud owner of this.

Posted on Dec 2, 2009 READ MORE



Left: Loren Javier / flickr; right: seattepli.com

Disney Grabs Marvel: Can Mickey and Wolverine Get Along?

Oh, what a tangled web Spider-Man weaves. Thanks largely to the multibillion-dollar success of Marvel’s characters on the big screen, Disney is buying the fabled comic book company for $4 billion in cash and stock. The Mouse House says Marvel characters will soon be appearing at its theme parks, but that isn’t the half of it.

Posted on Aug 31, 2009 READ MORE


Furriners Buy Bud!

For $52 billion, Belgian beer giant InBev will gain control of Anheuser-Busch, the mighty producer of Bud Light and Budweiser, America’s #1- and #2-selling beers, respectively. In one swoop, the Euro brewery secures half the U.S. market.

Posted on Jul 13, 2008 READ MORE


Delta
flightnetwork.com

Delta and Northwest Join in Airline Mega-Merger

As airlines around the globe struggle to navigate through tough times for the industry, Delta Air Lines Inc. and Northwest Airlines Corp. have come up with their own possible solution. By Tuesday, the two companies had reached an agreement to join forces and create Delta, the world’s biggest airline.

Posted on Apr 15, 2008 READ MORE


Finance Giant Goes for Peanuts

The mortgage crisis has claimed another corporate victim. Bear Stearns, one of the largest financial institutions in the world, has been bought for a piddling $236 million. The company was valued at $3.5 billion just a few days ago, and $20 billion a little more than a year ago.

Posted on Mar 17, 2008 READ MORE


Murdoch
AP photo / Mark J. Terrill

Murdoch Eyes Yahoo

Having just rebuffed a $42.1-billion offer from Microsoft, Yahoo Inc. has another suitor: Rupert Murdoch’s News Corp. Although Murdoch is rich, he’s not Bill Gates rich, and MySpace, which is supposed to entice Yahoo into the deal, is so 2007. Murdoch detractors, therefore, should take pause, but not panic. The most popular news site on the Internet and Yahoo’s many other properties remain impartial, for now.

Posted on Feb 13, 2008 READ MORE


Murdoch May Be What’s Best for Wall Street Journal

Could the veteran of rough-and-tumble tabloid journalism with dubious ethics be the only appropriate buyer for the fabled newspaper?

Posted on Jul 24, 2007 READ MORE


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