Tag - Time Warner
Time Warner could have become an Apple-owned company, according to a report that Apple's Eddy Cue gave the suggestion of an acquisition to Time Warner head of corporate strategy Olaf Olafsson last year, something that surfaced in a rumor earlier this year. It is also claimed that, while that particular buyout didn't take place, it apparently hasn't stopped Apple from looking into possibly acquiring other media companies, in order to increase its own original content creation programs.
More rumors are making the rounds ahead of an alleged Apple "event" in March (or April) that is said to herald everything from an "Apple Watch 2" to a rollout of new MacBooks (retina MB, Airs, and Pros). Following early speculation of an "iPhone 6c" also said to be debuting about that time, the rumor mill has scaled back that speculation considerably with a newer (and much more plausible) concept of a revamped iPhone 5s-type model, and there's been talk that Apple is considering buying Time Warner.
Time Warner Cable has revealed a large number of its customers may have become victim to an attack that puts their email accounts at risk. The cable company has advised that as many as 320,000 customers have their account email addresses and passwords in the possession of an attacker, among other important details, though unlike many other security breaches, Time Warner's server security is apparently not at fault for this latest leak.
A city council has declared it does not want Comcast to provide service to its residents. The council of Worcester, MA has voted against the transfer of the city's cable license from Charter to Comcast over the cable giant's "substandard consumer service practices," as well as believing it lacks the management experience to maintain the service for the region.
Several states are having regulatory discussions in governmental circles about the Comcast and Time Warner Cable merger. Two New York state agencies, the Division of Consumer Protection Utility Intervention Unit (UIU) and the Department of Public Service, are taking serious issue with the merger and are demanding concessions. As a result, the UIU's vote on its discussion has been postponed from October 2 until November 13, over "deficiencies associated with the Companies' current substandard customer service" and other issues that is sees as being generated or exacerbated by a combined company.
Subscriptions to Showtime and HBO separate from a cable television service could still happen, according to comments made at an investor conference. The CEOs of Time Warner and CBS both made similar statements, suggesting the channels may be available without requiring a cable subscription, with viewers able to watch shows over the Internet.
Rupert Murdoch and 21st Century Fox has rescinded its offer for its consolidation deal for Time Warner. Murdoch himself took to the airwaves, blaming Time Warner for the breakdown. He said that "Time Warner management and its board refused to engage with us to explore an offer which was highly compelling."
Apple is indeed working on a new set-top that will let people will watch both live and on-demand TV, but won't have it ready until sometime in 2015, a source indicates. Engineers at the company are allegedly being told not to expect to ship the device this year, and working along that timeline. The issue is claimed to be cable companies "dragging their heels," and the possible Comcast/Time Warner Cable merger, which together are interfering not only with the device but a matching TV service.
Rupert Murdoch and 21st Century Fox have made a bid to buy Time Warner. The deal, said to be worth up to $80 billion, was rejected, but Murdoch is reportedly "determined" to complete the deal -- which would make the combined company a content powerhouse bringing Fox, Fox News, FX, TNT, TBS, HBO, Warner Brothers, and many other studios under one roof.
Customer rights group Consumer Reports has run a survey evaluating the public's opinion of the Time Warner Cable and Comcast merger, and the results strongly disapprove of the combined company. According to the survey, 56 percent of respondents oppose the merger, with 11 percent in favor. The remaining 33 percent had no strong opinion one way or another. However, most respondents still feel that the merger will have negative effects on consumers.