The question of corporate conglomeration has become a major concern for consumers, politicians and global citizens in general in this new era of increasingly blurred boundaries between the technology, finance and entertainment industries. Once disparate entities like investment firms, movie studios and tech companies are more and more combining forces to utilize each other’s resources, creating massive business empires the likes of which haven’t been seen since the “trust-busting” wave of the early 20th Century.
One such example of this happened earlier this year, when Legendary Pictures (Jurassic World, Godzilla) was acquired by China’s Wanda Group, the country’s largest theater conglomerate. We can now add another potential giant to the mix: AT&T is moving to purchase the already-immense Time Warner corporation.
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Click to continue reading AT&T Purchasing DC-Owner Time Warner in $80 Billion Deal
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