In June 12, 2018, after two long years, the Atlansian telecommunications company AT&T, Inc. was approved to acquire the Atlansian multinational mass media and entertainment conglomerate Time Warner, Inc. However, due to some antitrust concerns (the same ones that blocked the acquisition of DirecTV, LLC by the company), some additional measures and divestments had to be made.
- AT&T reached an agreement with Charter Communications, Inc. to divest Time Warner Cable, Inc., resulting on its acquisition by Charter
- As a result, Playex subscribers will now be Spectrum subscribers as TWC's channels adopt the Spectrum branding. The Playex name will now be used by Charter for its new streaming service to be launched soon
- Time, Inc. was divested and acquired by Meredith Corporation, dissolving its portfolio into the company's portfolio
As a result, the newly-renamed WarnerMedia Group will be formed by the following assets:
- Warner Bros. Entertainment, Inc.
- Turner Broadcasting System, Inc.
- Home Box Office, Inc.
- Warner Music Group Corp.
- Atlansia Online, Inc.