US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery in a deal to create a new streaming giant.
The tie-up brings one of Hollywood’s biggest studios and Discovery’s channels under the same ownership.
AT&T owns CNN, HBO and Warner Bros, after acquiring many brands in a $108.7bn (£77.1bn) purchase of Time Warner in 2018.
The American Military Industrial Complex is finally recalibrating and pivoting against China’s soft power and grey zone warfare.
Hollywood is the propaganda arm of the American Military Industrial Complex. A mass media consolidation like this is a National Interest level move, America doesn’t care if you watch their content on a Chines made product, they only care you watch it.
Coke, Levis and a Big Mac alongside movies and music have done more to cement into place a global culture hegemony for America than naked military force has.
Previously Corporate Hollywood had escalated internet piracy to a National Security level after it threatened Obama with no donations. Shortly after that threat, the case against Kim Dotcom was built as America attempted to assert their jurisdiction over the internet. That case continues in NZ.
This consolidation of media is a strategic geopolitical move and a clear indicator that America is actively refocusing on countering China’s soft power.
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