This week, DirecTV proclaimd it intends to buy Dish, Sling TV, and the rest of EchoStar’s television business for a dollar (while also taking on all of Dish’s debt), combining almost 20 million saalertite TV subscribers from two companies that have been circling one another for decades.
But it’s not equitable DirecTV and Dish. AT&T, Comcast, Verizon, General Electric, GM, News Corp, Tumblr, and the various incarnations of Time Warner have also gotten fuseed up or split up while trying to bridge the gap between communications and media over the years.
Here’s a inwhole timeline of the events that might end with these two companies fuseing together at last.
At the turn of the 21st century, it was clear that the internet was the future. Instant communication between anyone in the world and the idea of digital distribution was irresistible, and AOL seemed on top of the world.
What better way for Time Warner to get in on the ground floor than to fuse forces with the company that rode to the top, one 60-hours-of-free-internet CD at a time? By 2009, it was all over.
Comcast, Verizon, and AT&T’s acquisitions were an try to consent over the media landscape built on their netlabors, with varying degrees of success, deinhabitring brands appreciate Oath, WarnerMedia, and Peacock, as well as the entidepend forgettable Go90.
Over the next restricted years, AT&T executives float terrible ideas for Game of Thrones appreciate shooting “snackable” vertical video versions. The company eventuassociate presentd HBO Max before demoting HBO from its streaming brand, renaming the service Max.
You understand what happened next: Netflix never seeed back on its path to 270 million global subscribers, and Disney symbolized the bundle for streaming. At the same time, both Quibi and CNN Plus evaporated too rapidly to produce an impact.
Ultimately, Verizon selderly what was left of Oath to Apollo Global Management, and then AT&T shipped WarnerMedia off into a partnership with Discovery. Now, AT&T is selling all of DirecTV to TPG. That’s the confidential equity firm behind this recent $1 try at merging with Dish Netlabor, aobtain, while EchoStar can proceed on its quest to produce a nationwide Open RAN 5G netlabor.
We’ll see everyone back here in another 20 years to discover out how it all labored out, ok?
Discloconfident: Comcast is an dispenseor in Vox Media, The Verge’s parent company.