Time Warner could be up for sale and Apple is reportedly a possible suitor

By , Jan 13, 2016

Apple TV Siri Movies with Jason Schwartzman

Time Warner CEO Jeffrey Bewkes told the New York Post on Wednesday that he would entertain a sale of the company and industry sources contended that Apple could be among the possible suitors, with others said to include carrier AT&T, which now owns DirecTV, and Fox.

The rumour is interesting given Apple’s failed attempts to create a skinny bundle of programming from existing content partners that was supposed to debut alongside the fourth-generation Apple TV in October 2015.

Even though the possibility of a spin-off was only hinted at by the CEO, Apple is reportedly “staying extra close” to any possible movement on this front, with Eddy Cue, Apple’s chief negotiator for all things media, keeping tabs on proceedings at Time Warner.

“Apple is eyeing Time Warner’s assets to ease the launch of a stand-alone streaming TV service,” reads the article.

Time Warner is the world’s third-largest television and entertainment company in terms of revenue, after Comcast and The Walt Disney Company. The company was at one time the world’s largest media conglomerate.

Were it to buy Time Warner outright, Apple would get most of what it needs in terms of big name shows such as “Game of Thrones,” “Sesame Street” and “Silicon Valley” from HBO to CNN news to Warner’s own rich library of Hollywood movies and television shows. In addition, Time Warner owns a number of other valuable assets like Carton Network, TBS, TNT and NBA TV.

Actually, Apple’s potential acquisition of Time Warner would presumably pay off in a big way. In addition to gaining instant access to all their shows and TV programming, such a deal would give Apple an important leverage in its ongoing talks with broadcasters and networks regarding the rumoured subscription-based iTunes television service.

And with Time Warner under its umbrella and Apple-friendly Disney possibly agreeing to provide content for Apple’s Netflix-like skinny television bundle, other content owners may have no other choice but join Apple’s service sooner than later.

Apple’s television streaming service is expected to offer a collection of up to two-dozen top-tier channels for $30 to $40 per month, if the rumour-mill is anything to go by.

Time Warner is reluctant to consider spinning off HBO, as some investors suggested, because “splitting up can destroy value.” Analysts are also warming up to the possibility of a Time Warner/Fox merger.

Source: The New York Post

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  • iPhoneWINS

    eh…. apple will charge to much

  • Manuel Molina

    Remember that article how Steve Job’s hated carriers and wanted to make Apple to be their own service provider? Sounds like the groundwork is being done.

  • Rowan09

    Time Warner sucks. They are offering my church 10 mb up and 1mb down for $109 a month.

    • (JailbreakQA) King Shoot

      Your church has wifi? Have you tried Face Timing God?

      • Rowan09

        Of course, we do have computers. No I haven’t tried. Lol

  • Wood1030

    Time Warner Inc and Time Warner Cable are 2 different intities.
    Time Warner Inc, which is what Apple is eyeballing, owns the rights to Warner Bros studios, Time Publishing, HBO/CINEMAX etc.
    They have nothing to do with Cable companies, since 2009.

  • Jason B

    Cool, maybe I’ll buy an Apple TV then. Got one for Christmas and after playing with it for two weeks, took it back and got my money back. Just not enough content without having a cable subscription, and wanting more than what Hulu offers…

    When they get their act together and can offer a decent sub $40/month subscription, I’ll think about buying it for keeps.

    I was also disappointed in menu lag for such a new device. Doesn’t seem like the processor is powerful enough…

    • Dave Finkelstein

      What you want is provided by slingTV. Check it out.

      • Jason B

        Agreed, and I looked into that. Part of my issue is I have an aging SageTV server/extender setup, and I’ve been invested in the Silicon Dust DVR project from Kickstarter, as a possible replacement. It’s been a little disappointing, or at least, slow moving so far… My front end on the TV side was either going to be a Raspberry Pi 2, or moving the QNAP NAS to the living room and running Kodi on it directly (has an HDMI output).

        But, enter the Apple TV and Infuse 4…now I’m thinking of being able to use it for my recorded media…but, that either requires using Kodi to program the DVR, or pray that SD will come up with a tvOS app…

        Probably a lot of dreaming on my end. I was hoping that SlingTV had an app on AppleTV, but guess not.

  • George

    From one terrible huge company to another. Cable TV companies are such a monopoly its disgusting.