Yahoo Finance reports that TimeWarner has rejected a takeover attempt from 21st Century Fox Inc.
3 Frequently Asked Questions That Arise From This Story
1. “I am concerned that if such a deal went through, Fox News and CNN would be owned by the same company, and this would tip the ‘Fair & Balanced’ scales to ‘Unbalanced.’ Should I be worried?” We suspect that Fox would have to divest CNN to meet anti-trust regulations, so ironically, Fox would not accidentally become more “newsier.”
2. “I don’t care about global news or the media being controlled by fewer and fewer companies. If a deal does get made between the two companies, will I have to pay more to watch Game of Thrones and Girls? More importantly, will this impact who will be the next Batman?” We don’t know. But these sound like topics that your favorite news station may cover, so stay tuned.
3. “I am a fan of reality TV and superhero movie sequels. Am I at risk of having my options reduced to boring award-winning television and movies?” We don’t know, but you can always go to YouTube to accomplish your goal of watching non-award winning content.