On the Record · Warner Media
Warner Media acquisitions, on the record
The businesses Warner Media bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
iStreamPlanet Co., LLC ("iStreamPlanet")Word for word“In August 2015, Turner acquired a majority ownership interest in iStreamPlanet Co., LLC (“iStreamPlanet”), a provider of streaming and cloud-based video and technology services, for $148 million, net of cash acquired.” 10-K for 2015 | acquisition | In August 2015 | $148 million, net of cash acquired |
Flixster businessWord for word“On February 17, 2016, Warner Bros. and NBCUniversal Media LLC (“NBCUniversal”) entered into an agreement under which Warner Bros. agreed to sell its Flixster business in exchange for a 25% interest in Fandango Media, LLC, a subsidiary of NBCUniversal (“Fandango”).” 10-K for 2015 | agreed divestiture | On February 17, 2016 | — |
AT&T Inc.Word for word“On October 22, 2016, Time Warner entered into an Agreement and Plan of Merger (the “Merger Agreement”) with AT&T Inc. (“AT&T”), West Merger Sub, Inc. and West Merger Sub II, LLC, pursuant to which Time Warner will combine with AT&T in a stock-and-cash transaction.” 10-K for 2016 | agreed acquisition | On October 22, 2016 | — |
DramaFeverWord for word“The division includes DramaFever (acquired by Warner Bros. in 2016), which owns and operates an OTT service in the U.S. that specializes in Korean dramas.” 10-K for 2016 | acquisition | in 2016 | — |
MachinimaWord for word“Warner Bros. Digital Networks also oversees Machinima (acquired by Warner Bros. in 2016), a global aggregator of gaming, superhero and fandom-generated content.” 10-K for 2016 | acquisition | in 2016 | — |
iStreamPlanet Co., LLCWord for word“To improve its digital streaming capabilities, in 2015, Turner acquired a majority ownership interest in iStreamPlanet Co., LLC (“iStreamPlanet”), a provider of streaming and cloud-based video and technology services that specializes in streaming large scale, live sporting events.” 10-K for 2016 | acquisition | in 2015 | — |
Home Box Office joint venture in the NetherlandsWord for word“For the year ended December 31, 2016, the Company recognized $148 million of net investment gains, consisting of a $95 million gain in connection with financing transactions of CME, a $41 million gain associated with an agreement to dissolve a Home Box Office joint venture in the Netherlands, $32 million of net miscellaneous investment gains and $20 million of losses relating to fair value adjustments on warrants to purchase common stock of CME held by the Company.” 10-K for 2016 | divestiture | For the year ended December 31, 2016 | $41 million gain |
Time Warner Inc. (merger with AT&T Inc.)Word for word“On October 22, 2016, Time Warner entered into an Agreement and Plan of Merger (the “Merger Agreement”) with AT&T Inc. (“AT&T”), West Merger Sub, Inc. and West Merger Sub II, LLC, pursuant to which Time Warner will combine with AT&T in a stock-and-cash transaction.” 10-K for 2017 | agreed acquisition | October 22, 2016 | — |
Canal del FútbolWord for word“In December 2017, Turner entered into an agreement to purchase Canal del Fútbol, which owns a group of basic cable and premium pay television networks and an OTT service in Chile, and a fifteen-year multi-platform rights agreement for Chilean soccer matches, including Chilean Primera División matches.” 10-K for 2017 | agreed acquisition | In December 2017 | — |
Deal filings since 2016
- 2018-06-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Warner Media’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.