Time Warner May Sell off Warner Bros. and DC Comics if AT&T Merger Fails | Def Pen

Time Warner

Yesterday The Wrap reported on the current state of DC Films at Warner Bros. They said that projects like Batgirl and Nightwing were less of a priority, and they wanted to focus on making movies about the main Justice League members. But at the end of that report was some very interesting info about the AT&T/Time Warner merger.

If you recall, Time Warner (the parent company of Warner Bros. and DC Comics) agreed to be purchased by AT&T for $85.4 billion dollars back in October 2016. Since it involves consolidation of several assets spread across various industries, the buyout has been heavily scrutinized by U.S. federal regulators who aims to ensure that it won’t result in a monopoly of certain services and products. Originally, it seemed like the sale didn’t pose any huge issues that could stop the sale from happening, but as years went by, the process continues to be delayed until Department of Justice filed an antitrust case to block the deal in November. That said, AT&T remains positive that they could close out the agreement.

Apple was once reported to be interested in scooping Time Warner, however, that quickly went south when the Cupertino-based company denied that they have intentions of taking over. But it would be interesting to see if they’ll be back on board if a deal would only involve WB/DC and/or HBO especially when they’re also starting to branch out in other forms of media services including their very own streaming service.

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