NY Post

Is Amazon Interested in Buying Time Warner?

Jan 11, 2016  •  Post A Comment

According to respected New York Post business columnist Claire Atkinson and her colleague Josh Kosman, ”Two of the New York media giant’s [Time Warner] largest longtime investors are … running out of patience and would support a sale of all or parts of the company, The Post has learned.”

Later in the piece Kosman and Atkinson write: “There is speculation that Amazon, which is ramping up its Prime video streaming service, would be interested in buying the content-rich Time Warner.”

The story also notes: “The Post reported last week that former [Carl] Icahn protégé Keith Meister, the head of Corvex Capital Management, is building an activist position in Time Warner.”

To read more details about this story, please click here, which will take you to the Post piece.

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One Comment

  1. As far as I’ve ever read, Amazon has never actually made a profit. Revenues? Yes. But not profits. So how in the world could they buy Time-Warner? Big-time financing has never made sense to me. Doesn’t anyone remember when AOL tried this? Didn’t work out so well…

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