General

It’s Official: AT&T Completes $85 Billion Purchase of Time Warner

CEO promises 'creative freedom' to his new Warner Bros., Turner and HBO employees

Most of Time Warner's assets have joined AT&T still-to-be-named media businesses division. Getty Images

By Jason Lynch

June 15, 2018

After a judge ruled in AT&T’s favor on Tuesday in the Department of Justice’s antitrust suit against the company—approving its merger with Time Warner—AT&T wasted no time in moving forward with the deal, completing its $85 billion purchase Thursday evening.

Jason Lynch
@jasonlynch jason.lynch@adweek.com Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.
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