Report: Apple looking at potential Time Warner acquisition

A new report from the New York Post suggests that Apple may be looking at the possibility of acquiring at least some of Time Warner’s assets, which is likely to be sold off or at least have its assets spun off in the next few months. Citing a senior tech insider, the report notes that Apple may acquire Time Warner’s assets to help with developing a standalone TV service — a project that was originally reported to be in the works last spring, but was later put on hold due to difficulties in coming to an agreement with traditional broadcasting networks. A deal between Apple and Time Warner could provide Apple with significant headway in the streaming TV service market, potentially including CNN, Turner Sports, shows such as “Game of Thrones” and “Sesame Street,” and the Warner Bros. library of movies and TV shows.

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