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Author Topic: Time Warner discussed a potential acquisition by Apple back in 2015  (Read 209 times)
HCK
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« on: May 26, 2021, 04:05:22 pm »

Time Warner discussed a potential acquisition by Apple back in 2015

Apple would have dropped $100 billion on the deal.

What you need to know


Apple talked about potentially acquiring Time Warner back in 2015.
Time Warner eventually sold itself to AT&T for $100 billion.


AT&T and Discovery, when talking about putting together their content, almost considered an acquisition by other streaming companies like Apple.

As reported by CNBC, WarnerMedia-Discovery will apparently have a market capitalization of more than $100 billion when it begins trading next year. While Apple could more than afford the acquisition, as it currently has a market valuation of $2.1 trillion, its biggest acquisition to date was back in 2014 when it purchased Beats Electronics for $3 billion.

During talks back in 2015, the idea of the Time Warner acquisition by Apple was discussed but never made it far.


  During the talks, Bewkes and Cook broached the subject of Apple acquiring Time Warner to deal with one of the biggest hurdles of the $19-per-month concept: What i...

Source: Time Warner discussed a potential acquisition by Apple back in 2015
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