Arsikere
2718
79
5
most of us know about this one
https://www.washingtonpost.com/news/business/wp/2017/12/14/disney-buys-much-of-fox-in-mega-merger-that-will-shake-world-of-entertainment-and-media/?utm_term=.b6b774d6b0d4
and that Disney bought Marvel too
Bayer buys Monsanto https://www.reuters.com/article/us-monsanto-m-a-bayer-closing/with-deal-to-close-this-week-bayer-to-retire-monsanto-name-idUSKCN1J00IZ
And now, AT&T is buying Time Warner https://twitter.com/i/moments/1006640295503593472
Lastly with the EU getting ready to fine social media platforms for linking any kind of news or copyrighted images whatsoever...
Friends, the future will be privatized®
BattloidKouji
It's like we've learned nothing from history.
Piscivore
"Future" ?
fiskr
Discovery bought Scripps Networks (HGTV, Food Network, etc.)
imtheimgur
Seems like it's time to break up AT&T, again.
InterstellarOdyssey
Ah Disney will now ruin everything fox related, just as it did star wars. All of that rich extra content you say? It's now non-canon.
WhatTheDormouseSaid
Fuck Monsanto
Burn2Learn
"Yes, civilization got destroyed, but for a moment in time, we created a lot of value for our shareholders." Well in that case!!!!
FieldTester96
All i can think of is it worth Disney having all media just to have deadpool in the mcu? Yes yes it is
Burn2Learn
We live in SoCal and my GF hates what Disney acquisitions are doing to Disneyland. Star Wars and Superheroes only lol. It’s hilarious.
BulkSausage
Someone really needs to hide Disney's checkbook
ShimmerinStrider
Br0doSwaggins
paulguy119
Eh, this stuff not going to hell was just expecting a greedy system to stick to arbitrary rules without having a society with good values.
randaloo1973
Soooo....monopolies are legal now?
IsmokedAweedOnce
We fucked up
ArtOzz
In fiction an AI destroys the world because it hates humans. Funny thing, they never show how much we deserved it for fucking up so much.
bluebench
I for one welcome our new corporate overlords
Volpe42
Wait? The EU is trying to make it 1984? Only the daily revised news the govt puts out is legal?
Arsikere
the EU will make it so you can't link news sources without a license :) reminds me of the Soviet Union back in the day
WindOntheroad
Corporations are people now, thanks, Citizens United, and they have more money than you, so, STFU
SirSpiffyDijelos
The ruling was that they can be treated as people so they can exercise the 1st Amendment.
WindOntheroad
Whatever, they aren't...
BootyistheTruestFormofArt
They are people until they would have to be held accountable for their actions.
WindOntheroad
They aren't. Vote Democratic...
FloppyFingers
I don't get it. Are we pro Capitalism or against it?
Gryphob
I'm pretty against it
swearty
Can you clarify your question? Or do you think "Capitalism" means just one form of economic policy?
Ludus
Against it as a totalitarian practice. Always.
FloppyFingers
Is there any built in mechanism in Capitalism that stops it from becoming one?
Ludus
Nope.
Volpe42
The people
Mxlespxles
THEN WE'RE FUCKED
Gilgamech
I'll bet Fox isn't doing well. I have my doubts about TW too, and this is almost ISP consolidation. Bayer is just copying Comcast.
ShimmerinStrider
5% stock spike for fox off of this
pbiersac
Not ISP consolidation. ATT is purchasing the Time Warner Inc media and entertainment business. Time Warner Communications is now Spectrum.
pbiersac
This should let ATT compete better against Verizon and it's AOL/Yahoo media assets as well as Comcast and it's NBC Universal content.
pbiersac
That said, most of this consolidation is likely to be poor for consumers. Higher prices and fewer alternatives.
Gilgamech
So AT&T owns DC?
pbiersac
Yup. Through Time Warner, ATT will soon own DC Entertainment, Warner Bros, HBO, Turner Broadcasting, CW, a small stake in Hulu, etc.
pbiersac
Day may come when you'll only get HBO, Cinemax, CNN, TBS, TNT, TCM, TruTV, CW, Cartoon Network, Adult Swim, etc if you subscribe to DirecTV