Is Apple Going to Buy Time Warner?

The next step in bringing a streaming TV service to Apple TV could be closer than we think. On Monday, CEO of Time Warner, Jeffrey Bewkes told investors that he would entertain a sale of the company. According to the New York Post, Apple’s been keeping a close eye on Time Warner as a potential suitor for the sale.

Last year, Apple partnered with HBO to help launch HBO Now, an Internet-delivered TV service, on Apple TV. There’s been much rumor of a streaming Apple TV service which would bundle multiple channels for a set, affordable monthly price. However, this would make it increasingly easy for users to cut the cable cord, and content owners haven’t shown interest in giving up that control. But if Apple bought Time Warner, they would have access to the company’s many assets which include CNN, HBO, TBS, TNT, NBA TV, Cartoon Network and its Warner Bros. division. This would allow Apple to offer a skinny bundle of channels with shows for all ages.

Apple has been in previous talks with CBS, ABC, Fox, Disney, Viacom, Discovery and more in an effort to bundle roughly 25 channels for $30 to $40 dollars a month, but again, content owners don’t want to give up the control they currently have. Buying Time Warner would allow Apple to create a Netflix-like streaming service for availability across all of its devices and doing so with some networks would likely be a good push for others to join. Especially as fellow networks watch customers cut the cable cord regardless of whether or not ABC and FOX follow suit.

 

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Author Details

Conner Carey

Conner Carey's writing can be found at conpoet.com. She is currently writing a book, creating lots of content, and writing poetry via @conpoet on Instagram. She lives in an RV full-time with her mom, Jan and dog, Jodi as they slow-travel around the country.