AT&T drops $109 billion on Game of Thrones

AT&T can’t wait until next summer for its next hit of dragons, death and dumplings so it decided to buy GoT-owner Time Warner for $108.7 billion.
As rumoured late last week the fashion on the other side of the pond is very much for operator groups to buy venerable content businesses in order to sweeten their multiplay pots. On top of adding value to their dumb pipes, owning content offers margin, diversification and customer loyalty potential benefits, but it’s not cheap.
The bil