Analyst: Fox and Time Warner would make an excellent merger

Could archrivals Fox News and CNN become corporate siblings? That's the possibility put forth by media analyst Tony Wible of Janney Capital Markets, who pondered this week the synergies of what would be the biggest media merger of the 21st Century, the hypothetical marriage of 21st Century Fox and Time Warner Inc.

"However improbable it may seem, one cannot overlook this mega deal given its immense financial benefits that dovetail with a number of strategic benefits like the added sports rights, studio market share, TV production synergies, large content library, news programming synergies, distribution savings, and brand compatibility," Wible writes. The Los Angeles Times has a full summary of this half-baked theory whose time has come here

Sponsored by Dell Technologies

Whitepaper: How to Elevate Your Content Delivery Workflows With Dell EMC PowerScale

Learn how Dell EMC PowerScale helps meet surging viewer demand while reducing costs with a single centralized platform for the ingest, processing, and delivery of the content your viewers love.

Suggested Articles

WarnerMedia scored a key HBO Max distribution deal with Comcast just as it launched in May. Nearly six months later, there still isn’t an app.

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

The Apple TV remote is an often reviled peripheral device. Universal Electronics has taken it upon itself to create a different option.